Our AI image generator allows anyone to create
high-quality visuals by simply describing what they're looking for
— worry-free, one-of-a-kind, and ready in seconds
NEW
YORK, Jan. 25, 2023 /PRNewswire/ --
Shutterstock, Inc. (NYSE: SSTK), the world's leading creative
platform for transformative brands and media companies, today
announced the launch of its AI image generation platform, available
to use by all Shutterstock customers globally in every language the
site offers. The text-to-image technology converts prompts into
larger-than-life, ethically created visuals ready for licensing. It
is the latest addition to Creative Flow, Shutterstock's extensive
toolkit that has been specifically designed to power the most
seamless creative experience possible.
"Shutterstock has developed strategic partnerships over the past
two years with key industry players like OpenAI, Meta, and LG AI
Research to fuel their generative AI research efforts, and we are
now able to uniquely bring responsibly-produced generative AI
capabilities to our own customers," said Paul Hennessy, Chief Executive Officer at
Shutterstock. "Our easy-to-use generative platform will
transform the way people tell their stories — you no longer have to
be a design expert or have access to a creative team to create
exceptional work. Our tools are built on an ethical approach and on
a library of assets that represents the diverse world we live in,
and we ensure that the artists whose works contributed to the
development of these models are recognized and
rewarded."
Here's what sets our AI image generation platform
apart:
EASE AND QUALITY: We are revolutionizing the way visuals
are created for campaigns, projects, and brands by making
generative AI accessible to all. We believe our users should not
need to learn how to write long, complex prompts to benefit from
this technology. That's why our image generator produces unique,
varied, and breathtaking images from even a single word input
or short simple phrases. And with an intuitive style picker and
support for over 20 languages, we empower people worldwide to bring
their creative visions to life without limits.
CONVENIENCE: Shutterstock is your one-stop-shop
for all your creative needs. You can search for stock, create and
publish winning designs, and generate content—all in one place. If
you want to take it a step further, you can polish your newly
generated asset in Create, our easy-to-use editing tool that
lets you customize your visuals without being a professional
designer, and plug it into the rest of the applications that make
up Shutterstock's Creative Flow. This results in the perfect piece
of content every time, allowing you to bridge the gap between idea,
design, and execution. Every Shutterstock customer already has
access to this entire suite of tools through their current
subscription.
CONFIDENCE: We're the first to support a responsible
AI-generation model that pays artists for their
contributions, making us your trusted partner for generating and
licensing the visuals you need to uplevel your brand. Also, we have
thoughtfully built in mitigations against the biases that may be
inherent in some of our datasets, and we are continuing to explore
ways to fairly depict underrepresented groups.
The AI image generator, and the rest of our capabilities that
are ready to turn your ideas into achievements, can be found on
shutterstock.com.
FORWARD-LOOKING STATEMENTS
This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical fact are forward-looking. Examples of
forward-looking statements include, but are not limited to,
statements regarding guidance, industry prospects, future business,
future results of operations or financial condition, future
dividends, our ability to consummate acquisitions and integrate the
businesses we have acquired or may acquire into our existing
operations, new or planned features, products or services,
management strategies, our competitive position and the COVID-19
pandemic. You can identify forward-looking statements by words such
as "may," "will," "would," "should," "could," "expect," "aim,"
"anticipate," "believe," "estimate," "intend," "plan," "predict,"
"project," "seek," "potential," "opportunities" and other similar
expressions and the negatives of such expressions. However, not all
forward-looking statements contain these words. Forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that could cause our actual results to differ
materially from those expressed or implied by the forward-looking
statements contained herein. Such risks and uncertainties include,
among others, those discussed under the caption "Risk Factors" in
our most recent Annual Report on Form 10-K and our Quarterly Report
on Form 10-Q for the quarter ended June 30,
2022, as well as in other documents that the Company may
file from time to time with the Securities and Exchange Commission.
As a result of such risks, uncertainties and factors,
Shutterstock's actual results may differ materially from any future
results, performance or achievements discussed in or implied by the
forward-looking statements contained herein. The forward-looking
statements contained in this press release are made only as of this
date and Shutterstock assumes no obligation to update the
information included in this press release or revise any
forward-looking statements, whether as a result of new information,
future developments or otherwise, except as required by law.
ABOUT SHUTTERSTOCK
Shutterstock, Inc. (NYSE: SSTK), is
the leading global creative platform for transformative brands and
media companies. Directly and through its group subsidiaries,
Shutterstock's comprehensive collection includes high-quality
licensed photographs, vectors, illustrations, 3D models, videos and
music. Working with its growing community of over 2 million
contributors, Shutterstock adds hundreds of thousands of images
each week, and currently has more than 424 million images and more
than 27 million video clips available.
Headquartered in New York City,
Shutterstock has offices around the world and customers in more
than 150 countries. The Company also owns Splash News, the world's
leading entertainment news agency for newsrooms and media companies
worldwide, Pond5, the world's largest video-first content
marketplace, TurboSquid, the world's largest 3D content
marketplace; PicMonkey, a leading online graphic design and image
editing platform; Offset, a high-end image collection; Shutterstock
Studios, an end-to-end custom creative shop; PremiumBeat, a curated
royalty-free music library; Shutterstock Editorial, a premier
source of editorial images and videos for the world's media; and
Bigstock, a value-oriented stock media offering.
For more information, please visit www.shutterstock.com and
follow Shutterstock on Twitter and on Facebook.
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SOURCE Shutterstock, Inc.