Shutterstock teams with NVIDIA to build AI foundation models for generative 3D artist tools

About NVIDIA
Since its establishment in 1993. NVIDIA (NASDAQ: NVDA ) is a pioneer in accelerated computing. In the year In 1999, the company’s GPU innovation revolutionized the PC gaming market, redefining computer graphics, fueling the modern AI era and fueling the creation of the Metaverse. NVIDIA is now a full computer company with data center scale offerings that are shaping the industry. More information at https://nvidianews.nvidia.com/.

About SHUTTERSTOCK
Shutterstock, Inc. (NYSE: SSTK), is the leading global creative platform for transformational brands and media companies. It includes the full collection of Shutterstock directly and its affiliates High quality licensed photos, vectors, Examples, 3D models, Videos And rock me. Working with a community of over 2 million contributors, Shutterstock adds hundreds of thousands of images every week, and currently has over 600 million images and over 45 million video clips available.

Headquartered in New York City, Shutterstock has offices around the world and clients in more than 150 countries. The company owns Splash News, the world’s leading entertainment news agency for newsrooms and international media companies. pond 5, The world’s largest video-first content marketplace; turbosquid, The world’s largest 3D content marketplace; PicMonkey, a The leading online graphic design and image editing platform; Compensation, a High-end image collection; Shutterstock Studios, An end-to-end custom creative shop; PremiumBeat, selected Royalty-free music library; Shutterstock Editorial, original source Editorial images And Videos For the world’s media; And A big thingvalue-based stock media delivery.

For more information, please visit www.shutterstock.com And follow on Shutterstock Twitter And on Facebook.

NVIDIA Forward-Looking Statements
Certain statements in this press release include, but are not limited to: the benefits, impact, performance, availability and features of NVIDIA’s partnership with Shutterstock for the rapid generation of 3D content for industrial digital twins using images and text stimuli, entertainment, and gaming; and are forward-looking statements subject to risks and uncertainties that may result in the benefits, effects, performance, features and availability of NVIDIA products and technologies, including the NVIDIA Picasso Creator AI cloud services, NVIDIA Omniverse and NVIDIA Foundation models. Exceed material expectations. Important factors that could cause actual results to differ materially include: global economic conditions; reliance on third parties to manufacture, assemble, package and test NVIDIA products, the impact of technological advances and competition; develop new products and technologies or improve NVIDIA’s existing products and technologies; market acceptance of NVIDIA products or NVIDIA partners’ products; design, manufacturing or software defects; changes in consumer preferences or needs; changes in industry standards and communications; Unexpected loss of performance of NVIDIA products or technologies when integrated into systems; as well as the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, from time to time and other matters, including but not limited to its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. . Copies of the reports filed with the SEC are posted on the company’s website and are available free of charge from NVIDIA. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

SHUTTERSTOCK FORWARD-LOOKING STATEMENTS
This press release Contains forward-looking statements within the meaning of the Private Securities Litigation Amendment Act of 1995. All statements other than statements of historical fact are forward-looking. Examples of forward-looking statements include, but are not limited to, statements regarding guidance, industry prospects, future business, future operations or financial condition, new or planned features, products or services, management strategies and our competitive position. or proposed features, products or services, management strategies, our competitive position and the COVID-19 pandemic. Use forward-looking statements such as “may,” “will,” “will,” “could,” “could,” “expect,” “intend,” “expect,” “believe,” “estimate,” “intend,” “plan,” “predict,” “project.” , “want”, “potential”, “opportunities” and other similar expressions and negative aspects of such expressions. However, not all forward-looking statements contain these terms. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially from those expressed or implied by the forward-looking statements contained herein. Such risks and uncertainties include, among others, those discussed in the caption “Risk Factors” in our most recent annual report 10-K and our quarterly report ended December 31, 2022. In other documents that the Company files with the Securities and Exchange Commission from time to time. As a result of such risks, uncertainties and factors, Shutterstock’s actual results may differ materially from any future results, performance or achievements discussed or expressed in the forward-looking statements contained herein. The forward-looking statements contained in this press release speak only as of the date hereof, and Shutterstock undertakes no obligation to update the information contained in this press release or to revise any forward-looking statements, except as a result of new information, future developments or as otherwise required by law.

© 2023 NVIDIA Corporation. all rights reserved. NVIDIA, the NVIDIA logo and NVIDIA Omniverse are trademarks and/or registered trademarks of NVIDIA Corporation in the US and other countries. Other company and brand names may be trademarks of their respective companies. Features, pricing, availability and specifications are subject to change without notice.