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ImageAI market penetration by end of 2024?
4
Resolution / Starting Odds
Low (0-10%) • 33%
Medium (10-30%) • 33%
High (30%+) • 34%
Shutterstock's official reports, market research firms
Story
Shutterstock and Databricks Launch ImageAI Text-to-Image Model on June 12
Jun 13, 2024, 12:34 AM
On June 12, Shutterstock partnered with Databricks to create a new generative AI model named ImageAI. This text-to-image diffusion model, aimed at enterprise use cases, is trained exclusively on Shutterstock's trusted data catalog. The collaboration leverages Databricks' MosaicAI platform to build high-fidelity, legally compliant image generators. The initiative underscores the importance of high-quality, properly permissioned data in developing advanced AI models. Naveen Rao highlighted that high-quality data leads to high-quality models. This partnership is seen as a significant breakthrough in the field of AI image generation.
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