Jasper – one of the world’s biggest generative AI app companies – announced that it had agreed to acquire Clipdrop, an AI image creation and editing platform, from Stability AI. And this acquisition signifies a significant step forward in Jasper’s capacity to deliver the most comprehensive, multimodal copilot for enterprise marketing teams.
Clipdrop is an image creation and editing platform millions of creative designers and brands use worldwide. Launched in 2020 by Google alumni Cyril Diagne, Damien Henry, and Jonathan Blanchet, Clipdrop enables users to edit existing images, create new ones, and develop many variations in size, detail, and style. For marketers and brand leaders, this technology can be a catalyst for accelerating their ad strategies and developing on-brand creative.
Clipdrop’s team will join Jasper effective immediately and continue to lead research and innovation on multimodality in Jasper from their headquarters in Paris – which has become a hub of AI innovation in Europe. And with this acquisition, Jasper expands its footprint to Europe and plans to continue to invest there from both a talent and customer acquisition standpoint.
Along with leading further development of AI-assisted image creation and editing, Damien Henry will play a larger leadership role in research and innovation for the entire Jasper product.
The acquisition of Clipdrop closed on February 20, 2024 and business customers will be able to access it through the Jasper API immediately, over time the functionality will be more deeply integrated into the copilot. Individuals can still purchase Clipdrop as a standalone product via Clipdrop.co
KEY QUOTES:
“Marketing is visual. The addition of Clipdrop to Jasper will advance our vision to be the most comprehensive end-to-end marketing copilot in the industry, powering all the formats, channels, and functions enterprise marketing teams need. A copilot this robust will enable the enterprises we serve to go beyond simple AI prompts to achieve more personalized marketing, better informed automation, and improved optimization across their entire strategy.”
- Timothy Young, CEO of Jasper
“Jasper has been a valued partner, leveraging Stability AI models for many years. We’re thrilled to see Clipdrop expand their offering by joining forces with Jasper. We will continue to partner with Clipdrop on research and deliver our cutting-edge models to their platform.”
- Emad Mostaque, CEO of Stability AI
“We are excited about what Clipdrop technology can do inside Jasper’s copilot for marketing teams. There are natural synergies between the two companies and a clear focus on creating the best multimodal platform for marketers. We can’t wait to get started.”
- Damien Henry, Clipdrop co-founder
