Getty Images Shares Soar More Than 120% After It Announces Deal With OpenAI
Getty Images entered a multi-year agreement with OpenAI to integrate its licensed visual libraries into ChatGPT search and discovery. The partnership aims to provide authenticated imagery for on-platform visual responses. Investor reaction has been strongly positive, with the stock price increasing significantly.
What changed
New reports provide specific stock jump percentages and link the deal to a structural merger with Shutterstock.
Live updates
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Getty Images Stock Surges Following OpenAI Licensing Deal
confidence 90%Getty Images entered a multi-year agreement with OpenAI to integrate its licensed visual libraries into ChatGPT search and discovery. The partnership aims to provide authenticated imagery for on-platform visual responses. Investor reaction has been strongly positive, with the stock price increasing significantly.
What's confirmed:
- Getty Images signed a multi-year deal with OpenAI to bring licensed images into ChatGPT.
- The agreement integrates Getty's visual content into ChatGPT search and discovery features.
- Getty Images stock price surged following the announcement.
Still unconfirmed:
- Getty Images stock jumped 145%.
- The OpenAI partnership accelerates a structural merger with Shutterstock.
- Analysts believe the stock could gain another 228%.
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Getty Images Shares Surge Following OpenAI Partnership
confidence 85%Getty Images announced a multi-year agreement with OpenAI on June 21 to integrate its licensed visual content into ChatGPT search and discovery. The deal allows Getty's image libraries to be displayed in OpenAI-powered experiences. Shares surged over 120% following the news.
What's confirmed:
- Getty Images and OpenAI announced a partnership on June 21.
- The multi-year deal integrates licensed Getty visual content into ChatGPT search and discovery experiences.
- Getty Images shares surged more than 120% after the announcement.
- The partnership allows Getty image libraries to be shown in OpenAI-powered experiences to improve visual responses.
Still unconfirmed:
- OpenAI may use Getty's library to train image generation models.
- Getty Images shares soared 200% in early trading.
- Getty Images shares climbed more than 150% in premarket trading.