
In a significant move to enhance its artificial intelligence capabilities, Apple has entered into a licensing agreement with Shutterstock, committing $50 million to access millions of images for AI training. This deal is part of a broader trend among tech giants who are aggressively seeking to acquire AI training data, with companies willing to pay up to $1-$2 per image, $2-$4 per short video, and $100-$300 per hour of long video. The acquisition of such data is crucial for the development of AI models, as highlighted by various sources, indicating a competitive race in the tech industry to secure valuable AI training materials.
#Apple has struck a deal with Shutterstock to license millions of images as training data for its #AI models. 👀👀 https://t.co/NmCZXn8t1a
Apple licenses millions of Shutterstock images to train its AI models https://t.co/cW3PmTEN0P #Apple
Apple has struck a deal to license millions of images from Shutterstock in order to train its AI models. https://t.co/WsuoKzfxm2




