Shutterstock, Inc. (SSTK) announced the departure of its Chief Product and Digital Officer, John Caine, effective August 23, 2024. The company also reaffirmed its 2024 guidance, reporting a 6% to 7% year-over-year revenue growth. Despite this, SSTK shares are trading lower on Thursday.
Nvidia and Shutterstock have partnered to bring generative AI to 3D modeling, allowing users to create assets using text and image prompts. The new feature is launching in beta for enterprise customers, with potential for wider availability in the future.
