Meta is Participation with midjourney To license the AI image and video generation technology of the startup, Meta chief AI officer Alexandra Wang announced in a post on Threads on Friday. Wang says that the research teams of Meta will cooperate with the midzorney to bring their technology in future AI models and products.
Wang said, “To ensure that the meta is capable of distributing the best possible products for the people.” This means working with world -class talent, ambitious calculation roadmap, and working with the best players in the entire industry. “
Midzorn partnership can help develop the meta that compete with industry-agni AI image and video models, such as OpenEE’s Sora, Black Forest Lab Flux and Google’s VO. Last year, Meta rolled out its own AI image generation toolImagine, in many of its products including Facebook, Instagram and Messenger. Meta also has an AI video generation tool, movie gene, This allows users to make videos with signals,
The licensing agreement with the midzorney is to carry forward the latest deal of meta in the AI race. Earlier this year, CEO Mark Zuckerberg went to a hiring spree for AI TalentTo offer some researchers offering compensation packages above $ 100 million. Social media giants also invested $ 14 billion AI in the scale, and Acquired AI Voice Startup AI plays.
Meta has interacted with several other major AI Labs about other acquisitions, and Zuckerberg has also spoken with Elon Musk Openai join its $ 97 billion acquisition bid (Meta eventually did not join the proposal, and Openai denied Musk’s bid).
While the terms of the Meta deal with midzorney are unknown, David Holz, the CEO of the Startup, said Post on X That his company remains independent without an investor; Midzorney is one of the few major AI model developers who have never taken out external funding. At one point, Meta talked with midzorney Get a startupAccording to the upstarts media.
Midjorney was established in 2022 and quickly became a leader in the AI image generation space for its realistic, unique style. By 2023, the startup was at speed to allegedly generate $ 200 million In revenue. The startup sells membership starting at $ 10 per month. It provides pricier tiers, which offers more AI image generations, which costs $ 120 per month. In June, Startup released its first AI video model, V1,
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Meta’s partnership with midzorney comes exactly two months later Startup was sued by Disney and UniversalAlleging that it trains the AI image model on copyright functions. Many AI model developers – including meta – face similar allegations from copyright holders, however, recent court cases are related to AI training data Have biased with technical companies,
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