Apple Inc. and Shutterstock Inc. reportedly reached an agreement to use stock images to train AI. The deal will give the iPhone maker access to millions of images, videos, and even music files that it can use to train its artificial intelligence models.
According to MacRumors, Apple has sealed a deal with Shutterstock for licensing photos not long after ChatGPT was introduced in late 2022. It is believed that the companies signed a contract worth between $25 million to $50 million.
Licensing Deal for AI Image Training
With the contract, the tech firm can now freely use all of Shutterstock’s content for its AI image training. The deal makes Apple’s use of images for its AI models legal and “ethically sourced.” This means the company does not have to face any IP infringement case later as it holds a proper license to use the images and other content.
The Star further mentioned that this partnership would greatly help improve image generation and editing for iPhones and other Apple devices. This is because the AI image recognition technology will enhance the function.
Photobucket Images for Apple’s AI
It was reported that Apple is also in talks with Photobucket for a similar licensing deal. Australian Photography reported that the company’s massive image library is drawing major tech firms to it since they can use the content for their AI projects.
In fact, Photobucket is said to have already been approached by many artificial intelligence and tech companies, including Apple. They are seeking a licensing agreement to gain access to the image hosting and video hosting website’s database of 13 billion images and videos. Meanwhile, there has been no announcement yet of whether the iPhone maker succeeded in securing a deal with Photobucket.
Photo by: Medhat Dawoud/Unsplash


Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 



