Shutterstock, Inc. today announced a partnership with LG AI Research to advance AI-powered technology, building on its promise to empower users to create their best work with great content and innovative tools. announced a long-term partnership. By combining Shutterstock’s best-in-class metadata and content with LG AI Research’s research and development capabilities, the two companies will develop his EXAONE, LG’s AI Image Generation Model, EXAONE Atelier, AI Creative Toolkit, and AI-based captioning. to the global market. This is Shutterstock’s latest initiative as it continues to work with industry leaders to responsibly shape the future of generative AI, bringing ethical AI technology to partners, clients and partners at every stage of the creative workflow. and bring to contributors.
“LG AI Research has worked closely with Shutterstock as the most trusted and strategic partner to develop EXAONE, a super-giant AI that can generate creative visual images and captions based on a unique multimodal architecture and a large number of images and texts”, “Together with Shutterstock, LG AI Research designs successful business cases of EXAONE and explores all-new opportunities based on EXAONE Atelier, a creative AI toolkit designed to inspire designers and creators by leveraging the Generative AI. We are ready to collaborate with all companies to make our world more creative, AI-inspired and human-designed.
Dr. Kyunghoon Bae , Head of LG AI Research.
“Since our inception nearly 20 years ago, Shutterstock has been committed to supercharging creativity by providing its users with the ingredients necessary to fuel a flawless artistic experience”, “Our partnership with LG AI Research continues to fulfill this mission by providing our customers with AI tools that automate the non-creative parts of the process through AI image captioning and instantly refresh visions through generative AI models. Whether it’s a CMO or a freelance creative director, the AI-powered tools we’re creating remove key pain points from the creative process for everyone and leave more room for creativity.
Paul Hennessy , President and CEO of Shutterstock.
Expand our generative AI footprint
Shutterstock has chosen to partner with LG AI Research, a global pioneer in generative research that is also committed to an ethical approach to creating AI technology. LG AI Research’s sophisticated AI model, which will be integrated into Shutterstock’s platform, is trained with millions of high-resolution images and metadata from Shutterstock and will convert text prompts into images. Contributors whose works were used to train the model will be compensated through the Shutterstock Contributor Fund and will also be compensated whenever new generative content using their intellectual property is created and authorized by customers.
AI Image Captioning:
A Game Changer for the Creative Workflow
LG AI Research’s EXAONE technology can also convert images into high-quality descriptions and keywords to describe and tag content, which can help customers find resources faster. By integrating this AI captioning feature, customers will be able to automatically add tags and descriptions to content they upload and store with Shutterstock, making it easier to organize and find the assets users need. ,if needed.
A joint approach to sector formation
According to a survey conducted by Shutterstock, two-thirds of his customers and contributors want to know more about his AI-generated content at the company. To meet this growing interest and to share best practices and insights with the industry, Shutterstock and LG AI Research are partnering with industry conferences such as the June 2023 IEEE/CVF Conference on Computer Vision and Pattern Recognition in Vancouver. Attend presentations and co-host events. Facilitate a global discussion on the development of new ethical AI models.