This format is used for storing bitmap images with improved levels of color and brightness performance. It combines exposures to record darker tones in the shadows or detail in the lighter areas of a given photo. HDR is able to combine multiple images with different levels of light distribution. It is used to create rich images.
this is a new format that supports lossless and loss compression quality for images on the Internet. The Google Company developed this format specifically to do work online as quickly and conveniently as possible. The main advantage is that its file size is small compared to other image formats, but similar in image quality.