Apple invests $50 million in Shutterstock for AI technology enhancement, focusing on image generation.

From Nasdaq: 2024-04-08 14:48:19

Apple is investing $50 million in a deal with Shutterstock to upgrade AI technology in its devices. This move could enhance image generation, editing, voice recognition, and automatic transcription on iPhones. Negotiations with publishers for more data and talks with Photobucket for photos and videos indicate Apple’s focus on AI at WWDC.



Read more at Nasdaq: Apple Strikes Deal With Shutterstock For AI Image Training