Getty Images Holdings’ stock rises sharply in early trading after the company announces a multi-year agreement with OpenAI. Multiple outlets report that Getty shares surge roughly 150% to over 200% in premarket trading following the announcement. Under the deal, Getty’s licensed image libraries are made available in OpenAI’s search and discovery experiences and within ChatGPT, so users can see Getty images in responses and related “discovery” features. The company describes the arrangement as a licensing and display partnership, with no disclosed financial terms. Several sources add that the agreement is focused on display of content rather than giving OpenAI rights to train image generation models on Getty’s library. The news lands after a period of investor concern about the impact of generative AI on stock and editorial imagery businesses, alongside the backdrop of Getty’s earlier efforts to protect its content, including legal action against another AI developer. Reuters is cited in one report as noting that Getty largely lost a prior lawsuit against Stability AI.