"Apple's Multi-Million Dollar Deal with Shutterstock for AI Image Training"
Apple is set to spend up to $50 million to license millions of images from Shutterstock for its AI initiatives, with plans to potentially train a generative AI chatbot. The company's upcoming WWDC 2024 event may reveal more about its AI plans, including new features for iOS 18 and a possible AI App Store. Discussions with media firms and previous use of machine learning suggest a focus on enhancing user experiences and privacy through on-device technology.