Photobucket is negotiating with tech firms to license its vast library of 13 billion images and videos for AI training purposes.

The licensing deals are proposed at a rate between 5 cents to over $1 per item, indicating a significant revenue opportunity for Photobucket.

The market for AI training data currently stands at an estimated $2.5 billion and is expected to balloon to nearly $30 billion in the next ten years.

User privacy and consent are major concerns, with the Federal Trade Commission cautioning against changing service terms for AI usage without proper user consent.

Major tech companies, including Google and Meta, are embroiled in legal battles over their collection and use of internet data for AI, underscoring the legal and ethical challenges in the AI data industry.