"Meta is partnering with Midjourney as part of its ongoing effort to win the AI race. The collaboration will allow Meta to integrate Midjourney's "aesthetic technology" into future models and products, Meta Chief AI Officer Alexandr Wang wrote in a on Friday. "We are incredibly impressed by Midjourney," Wang wrote. "They have accomplished true feats of technical and aesthetic excellence, and we are thrilled to be working more closely with them.""
"Midjourney launched in the summer of 2022, not long before generative AI began to spread like wildfire across the cultural landscape, thanks in large part to the release of ChatGPT about four months later. The company quickly became known as an industry leader in text-to-image models; it released an image-to-video model, called V1, in June of this year. The financial terms of the Meta-Midjourney partnership have not been made public."
Meta has entered a partnership with AI start-up Midjourney to incorporate Midjourney's aesthetic technology into Meta's future models and products. Meta's Chief AI Officer praised Midjourney's technical and aesthetic achievements and announced closer collaboration. Midjourney launched in summer 2022, gained recognition for text-to-image models, and released an image-to-video model called V1 in June. Financial terms of the deal were not disclosed. Midjourney's CEO stated the company remains an independent, community-backed research lab with no investors. The partnership coincides with Meta's rapid pivot toward AI and aggressive talent recruitment efforts.
Read at ZDNET
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