Shutterstock

“You have open AI going to shutter stock and they paid them a hundred million dollars.”

“Is that we finally released our text image model which has been a year in the making through a collaboration directly with Shutterstock.”

“And you know, I, at least I've heard in the news, like opening, I Google, Meta Apple have all called Shutterstock and made those deals.”

“So a lot of models have had Shutterstock data incorporated into them, but this is the only model I know of so far where it was, you know, exclusively and specifically trained just on the vanilla Shutterstock data. There was nothing else mixed in. You know, we …”

“Instead of scraping the internet we partnered with Getty and Shutterstock to create commercially fair way of applying artificial intelligence sharing to the AI.”

“It's about the API, because our focus is not on B to C clients. It's only on B to B clients, and we want to sell our API to different B to B clients like Canberra, Or Shutterstock or Envato or else.”

“But I think someone is probably Shutterstock is going to do this really well because they have like the whole database of photos, right? They could literally, I think in two years, put all their photographers out of a job and just have an AI generate the photo…”

“We were really early on photography, so I invested in a company called Shutterstock, which we took public. We were the first investors that, like, it was a five million dollar company at the time.”

“So we have due to the acquisition of Webdam a shutterstock company that was a carve out from them.”

“A hundred percent. And we actually encourage that because we want the shooters to make as much money as possible.”