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Getty Images Jumps as Much as 200% After OpenAI Licensing Deal
Getty Images Holdings (NYSE: GETY) surged as much as ~200% in premarket trading after announcing a multi-year display/licensing partnership with OpenAI (announced June 21). Getty's library will appear in ChatGPT's search and discovery layer — a reversal from conflict to distribution, with traditional content owners plugging into AI platforms rather than fighting them. The deal comes ~3 years after Getty sued Stability AI for copyright infringement. Financial terms were not disclosed, and it's unclear whether Getty's content will be used for model training or only user-facing retrieval.
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