- Reka and Shutterstock announce a multi-year partnership.
- Reka will leverage Shutterstock’s extensive library of digital visual assets for developing frontier multimodal language AI models.
- Shutterstock aims to enhance metadata and tagging of its content library using Reka’s AI capabilities.
- The collaboration underscores a commitment to AI-driven innovation in content creation and curation.
Main AI News:
In a significant move aimed at advancing the frontiers of artificial intelligence (AI) technology, Reka proudly declares a multi-year partnership with Shutterstock, Inc., a global frontrunner in the creative industry. This collaboration marks a pivotal moment for both entities as they join forces to harness the power of digital visual assets in shaping the future of AI-driven solutions.
As part of this alliance, Reka gains access to Shutterstock’s extensive library of digital visual assets, augmenting its capabilities in developing cutting-edge multimodal language AI models. By integrating Shutterstock’s rich repository of content into its AI training data, Reka aims to elevate the sophistication and versatility of its AI models, positioning itself at the forefront of AI innovation.
In reciprocation, Shutterstock embraces Reka’s AI prowess to enhance the metadata and tagging of its vast content library. Leveraging Reka’s state-of-the-art multimodal models, Shutterstock anticipates a significant augmentation in the granularity and accuracy of metadata associated with its digital assets. This collaborative effort underscores Shutterstock’s unwavering commitment to delivering unparalleled value to its customers by leveraging AI-driven innovations to enrich user experience.
Paul Hennessy, CEO of Shutterstock, expressed enthusiasm about the partnership, stating, “This is a truly exciting partnership for our companies, both for the multimodal AI models Reka will develop using our industry-leading training data, but also for the opportunity we’ll have to enhance our human-created metadata with Reka’s leading multimodal models.”
Furthermore, Shutterstock envisions utilizing Reka’s AI models to augment details and enrich metadata, further amplifying the value proposition of its digital asset library. This strategic move reaffirms Shutterstock’s dedication to fostering AI-driven innovation that empowers storytellers worldwide, bridging the gap between creative vision and realization.
Dani Yogatama, CEO and co-founder of Reka, echoed the sentiment, emphasizing the strategic significance of partnering with Shutterstock. “As we continue to develop frontier multimodal AI models, it was critical for us to partner with Shutterstock given its comprehensive source of legally licensable content with best-in-class, human-created metadata,” said Yogatama. “We are excited by the ability to leverage Shutterstock’s ever-growing library of diverse digital assets to continue to drive advancements in AI.“
Conclusion:
Reka’s partnership with Shutterstock signifies a significant advancement in AI innovation within the market. By harnessing Shutterstock’s extensive digital asset library and Reka’s cutting-edge AI capabilities, the collaboration is poised to redefine content creation and curation standards. This alliance underscores a broader trend in the market towards integrating AI-driven solutions to enhance user experience and drive value for stakeholders.
