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The company was founded by Bruce Livingstone in May 2000, as iStockphoto, a free stock imagery website supported by Livingstone's web development firm, Evolvs Media. iStock pioneered the crowd-sourced stock industry and became the original source for user-generated stock photos, vectors and illustrations, and video clips. It began charging money in 2001 and quickly became profitable.[3]

In 2013, iStockphoto was rebranded as iStock by Getty Images, removing the word 'photo' to convey that the company offers stock media other than just photography, such as vector illustrations, audio, and video.[10]

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The vector database stores and manages unstructured data, including text documents, images and audio and video, he said. This makes it possible to make associations and provide context around similar data sources, such as financial, supply chain, quality, logistics, HR, procurement and customer experience data.

"With the vector database we're getting closer to the Holy Grail of generative AI, where you can combine the strength of LLMs [large language models] with actual real-time company data," Mueller said. "This will lead to better generative AI results with fewer hallucinations. And we are helping developers to combine rich structured data in SAP systems with unstructured data and with LLMs."

"AI Foundation includes everything developers need to start creating business-ready AI tools on SAP BTP," Mueller said, "from ready-to-use AI services and access to the top large language models to vector database capabilities and AI runtime and lifecycle management."

SAP's approach with the vector database is coherent and makes sense, but companies also have a lot of choices in how they approach AI development, Reed said. SAP needs to convince customers that this is the best approach for them because it leverages their existing SAP investments and all the data in their SAP systems.

On January 26, 2022, the iStock free trial was introduced. Although it was first available only in a handful of countries, you can get it almost anywhere now. The iStock free trial lets you download 10 photos, illustrations, and vectors from their Essential collection or the premium Signature collection. It basically grants you the first month of your subscription for free, saving you $70. ff782bc1db