Rivals, Getty and Shutterstock to merge as competition heats up in the AI image generation space
Getty Images Holdings, Inc. will acquire Shutterstock, pending regulatory approval. The merger is valued at $3.7 billion with projected revenue of $1.99 billion.
Canva acquires AI startup Leonardoai to supercharge its design tools
Canva is acquiring Leonardo.ai to enhance its competitive edge against Adobe. The acquisition involves a combination of cash and stock.
