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VisitShutterstock revenue growth attributed to ImageAI by end of 2024?
Yes • 50%
No • 50%
Shutterstock's official earnings reports and financial statements
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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