Getty Images signed a new data licensing deal with Picsart, allowing Picsart to develop a new AI image generation model trained on Getty Images' content.
The partnership aims to offer 'commercially safe AI-generated imagery,' providing new ways for users to create content while respecting IP rights.
Getty Images Chief Technology Officer stated the deal will not involve a one-time fee, but will have recurring components.
The partnership signifies Getty Images' approach to collaborate with companies that value licensing content and train AI models responsibly.
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