Shutterstock Brings on Microsoft’s AI Expert Jaime Teevan

Big news in the creative tech space: Shutterstock just announced that Jaime Teevan, Microsoft’s Chief Scientist and Technical Fellow, is joining their board of directors.

Teevan is a heavyweight in the AI world and is celebrated for her groundbreaking work and innovation in tech.

Shutterstock is banking on Teevan’s expertise to supercharge its AI initiatives, especially its growing data licensing service. The company aims to meet its ambitious growth targets for 2027.

Jaime Teevan: A Powerhouse in AI

Jaime Teevan has a stellar track record. She's been at the forefront of Microsoft’s AI advancements, from developing the first personalized search algorithm for Bing to integrating AI into Microsoft 365 with Copilot. Her leadership in hybrid work research during the pandemic showcased her versatility. Recognized as one of TIME's top 100 influential people in AI, Teevan is also a leader in responsible AI practices. Her academic credentials are top-notch, too, with a Ph.D. in AI from MIT, a B.S. from Yale, and a role as an Affiliate Professor at the University of Washington.

Teevan’s expertise bridges the gap between AI and human creativity—key to Shutterstock’s AI strategy.

“Shutterstock's mission to power creativity and their commitment to ensuring AI enhances that mission aligns with my values,” said Teevan. “I’m honored to join Shutterstock’s board and look forward to contributing at a time when AI is redefining our interaction with technology.”

Shutterstock’s AI Vision

Teevan’s appointment comes as Shutterstock ramps up its data licensing business, emphasizing ethical AI practices and partnering with big players like NVIDIA, Meta, and OpenAI. These collaborations have already generated over $100 million in revenue last year alone.

Shutterstock’s strategy is to lead in AI training and development, offering robust data solutions for companies building generative models.

Adding Teevan to the board is a smart move to boost Shutterstock’s machine learning and AI capabilities. The company is preparing to meet the rising demand for these technologies, targeting double-digit growth by 2027. This includes enhancing infrastructure, business development, R&D, and content strategy.

“We are thrilled to welcome Jaime to the Shutterstock Board of Directors,” said Jon Oringer, Shutterstock’s Executive Chairman and founder, in the press release. “Jaime is one of the most influential figures in AI globally, pioneering critical research and leading product innovation for a top-tier company. Her wealth of knowledge and experience in AI, rigorous research background, and expertise in ethical AI will be invaluable as Shutterstock continues to play a pivotal role in this space, particularly with our industry-leading training data.”

Shutterstock’s CEO, Paul Hennessy, shared the excitement, emphasizing the significance of Teevan’s insights into AI and human creativity. He looks forward to steering the future of AI with her onboard.

With Teevan’s expertise, Shutterstock is poised to strengthen its position as a leader in AI and creative tech. By leveraging its extensive, metadata-rich content library for AI training, Shutterstock seeks to solidify its commitment to innovation and its role as a top player in the tech space.

THE AUTHOR

Ivanna Attie

All About Ivanna

I am an experienced author with expertise in digital communication, stock media, design, and creative tools. I have closely followed and reported on AI developments in this field since its early days. I have gained valuable industry insight through my work with leading digital media professionals since 2014.

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