Apple Struck deals with Shutterstock: In today’s new article, we will see where the AI boom has given rise to a mini-economy for content storage, which is being considered very useful at this time. This is where AI companies want access to train their new AI models. We got this information from 9to5mac. Now Apple company will also use its images with Shutterstock to train its AI models. We update such news daily on our Apple Samachar website, and only Apple-related news is published here.
Apple Struck deal with Shutterstock
If we look here, OpenAI, which has brought a different revolution in the world, was launched in 2023 and has given birth to AI tools and models, which are becoming easier for people to live. If you look here, OpenAI companies have initially scraped data from the web to train their models. However, there was a problem with the legal threat looming over copyright if many companies wanted to make deals to formally license the content in the future. Now it has been seen that Apple is one such partner. If we look at the Reuters report, now Apple has made a deal to license millions of images owned by the stock image site Shutterstock, Apple will use Shutterstock’s images to train its AI models.
The deal between Apple and stock image site Shutterstock was likely valued in the range of $25-50 million if we looked the other way and was likely to be signed within a few months of ChatGPIT’s release in late 2022. If we look, it is not only companies like Apple and ChatGate that have signed a deal with the stock image site Shutterstock to share their images, many other big tech companies including Meta, Google, and Amazon have signed a deal with the stock image site Shutterstock. Have made similar deals. And Amazon.
Similarly, it was previously reported that Apple was talking to news publishers about licensing their articles to train its AI models.
In a sign of how important content acquisition has become for AI, The New York Times today claimed that Meta also discussed buying a book publisher like Simon & Schuster.
Although Apple has been considered a laggard in the recent hype of AI advancements, the company may soon be looking to change the story. If we talk about iPhone users here, then the company is expected to bring a lot of AI-driven features in the upcoming iOS 18, the emphasis here is on improving the experience of iPhone users. Talking about the official announcement of iOS 18 can be done at WWDC on June 10 at 10 am PT with the keynote address. There are rumors that with the official announcement of iOS 18, we may see a big change. It is being said here that this is going to be a very advanced iOS, which would never have happened in the history of Apple company.
Apple marketing executive Greg Jozwiak has already confirmed the AI speculation, however, in a tweet about the WWDC event. According to 9to5mac, he is said to have said that the WWDC event is going to be incredible.
For the Latest News and Articles, you can stay with us on Apple Samachar, where we are daily sharing the News and Articles related to Apple. If you have any queries you can share your thoughts and queries with us via the comment Box. You can also connect with us On the Social Media platforms for the latest find updates.