Getty Images Partners with OpenAI, Stock Surges 126% on Licensing Deal

According to Getty's statement, on June 23, Getty Images and OpenAI reached a licensing agreement, with Getty's massive image library set to be integrated into ChatGPT's search and discovery features. Getty's stock surged 126.41% in premarket trading, reaching $1.38 per share from Friday's close of $0.61. The collaboration marks a significant strategic shift for Getty, which had previously been cautious of AI development. OpenAI did not disclose financial terms or whether Getty images would be used to train future models.
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