Shutterstock Cashes in on OpenAI Partnership, Gains 8% – Is it Enough to Earn the Stock a Buy?

By |2023-12-07T20:46:23+00:00July 11th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

Early this morning, Shutterstock (SSTK) released an update on its partnership with OpenAI. The contract has been expanded to 6 years and with a renewed scope. The two companies have been working together since 2021. But just last fall in October, Shutterstock made official the news that it planned to offer AI-generated images to [...]