FinTech

Getty Images Introduces Generative AI via iStock, Revolutionizing Visuals for Small Businesses and Creators

Published January 8, 2024

In an era when visual content is king, Getty Images Holdings GETY has made a groundbreaking stride with the introduction of a novel Generative AI feature through its iStock service. This innovative tool debuted at the high-profile Consumer Electronics Show (CES) and is spearheaded by the technological prowess of NVIDIA Picasso, a key development by Nvidia Corporation NVDA.

Empowering Visual Creation with AI

The launch signifies a transformative moment for small businesses, designers, and marketers. It offers these users an accessible path to incorporate AI-generated imagery into their promotional and advertising strategies. The Generative AI by iStock is tailored to produce visuals that are not just dynamic and engaging but also comply with commercial usage standards, therefore mitigating legal risks associated with image rights and licensing.

A Synergy of Technology and Creativity

Nvidia Corporation NVDA, the renowned designer of GPUs and system on chip units, is the technical brain behind the NVIDIA Picasso engine enabling this service. Through this collaboration, GETY leverages NVDA's cutting-edge AI to afford users the benefits of advanced image synthesis and modification, all the while ensuring the end products align with the unique brand identities of its diverse clientele.

An Affordable Solution for Diverse Needs

What sets the Generative AI by iStock apart is its pledge to provide affordability without compromising on quality or creative range. It's a strategic move by GETY to democratize the use of advanced visual technologies, thus opening a realm of possibilities for small and medium-sized enterprises (SMEs) that typically operate with more modest budgets.

Implications for the Market and Investors

The introduction of such a pioneering service could spell a series of positive developments for GETY in the stock market, potentially increasing investor interest and bolstering the company’s market position. Similarly, the partnership highlights NVDA's expansion and applicability of its AI technology beyond traditional sectors, underscoring its influence in the creative industry.

GettyImages, AI, iStock, SmallBusiness, Marketing, NVIDIA, Innovation, CES, Visuals, Advertising, Technology, Investment, StockMarket