AI Deals: Getty, OpenAI, DeepMind, A24, Samsung
Summary
This week saw significant developments in artificial intelligence. AI, which is computer software that can learn and perform human-like tasks, is now being integrated into various industries. Here's the thing: three major business agreements highlight this trend. Getty Images partnered with OpenAI to integrate its licensed photos into ChatGPT search results. This means when ChatGPT shows results, it can now display proper, paid-for Getty images. Getty's share price soared over 120% on the day this news broke, indicating investor confidence in this new revenue stream. What's interesting is that Google DeepMind also teamed up with the film studio A24. And Samsung began providing AI tools to its staff in South Korea. These deals show that AI is moving beyond laboratory tests and into real-world applications like news photos, movies, and large corporations. The bottom line: content owners are now finding ways to get paid for their work within AI tools, turning their content into a product.
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