Getty Images Jumps 123% to $1.35 After OpenAI Brings Licensed Photos to ChatGPT
Updated
Updated · Forbes · Jun 22
Getty Images Jumps 123% to $1.35 After OpenAI Brings Licensed Photos to ChatGPT
3 articles · Updated · Forbes · Jun 22
Summary
$1.35 a share marked Getty Images' close on Monday, up 123% after the company said OpenAI will add its licensed image library to ChatGPT search, discovery and visual responses.
Sunday's display agreement gave investors a clearer commercial AI tie-up for Getty, whose stock had briefly surged more than 200% premarket before trimming gains.
Financial terms were not disclosed, and Getty did not say whether OpenAI can use the images to train models, alter them, or include all editorial and stock submissions.
The deal contrasts with Getty's January 2023 lawsuit against Stability AI, which it accused of unlawfully copying millions of copyrighted images to train Stable Diffusion.