# Midjourney **Industry:** AI Content & Media **Type:** Private **Founded:** 2021 **Headquarters:** San Francisco, California **Website:** https://midjourney.com *An independent research lab exploring new mediums of thought* ## Latest AI News *No AI News* ## Overview Midjourney is an independent research lab that produces an AI program that creates images from textual descriptions. Known for producing high-quality, artistic images through Discord-based interface, Midjourney has become one of the most popular AI image generation tools among artists and creators. ## Key Products/Services - Midjourney AI image generation - Discord-based creation interface - Web interface and gallery - Subscription-based access tiers - Community features and sharing - API access for developers ## Recent Developments - Version 6 model release with improved quality - Web interface launch beyond Discord - Expansion of commercial licensing options - Community growth and creator adoption - Competition with DALL-E 3 and Stable Diffusion ## Financial Information - Private company with bootstrapped growth - Revenue from subscription model - Profitable operations reported - Estimated valuation in hundreds of millions - No major external funding rounds disclosed ## Leadership - CEO: David Holz (co-founder of Leap Motion) - Small team focused on research and development - Independent lab structure - Community-driven development approach ## Competitive Landscape - Main competitors: DALL-E 3, Stable Diffusion, Adobe Firefly - Market position: Leading artistic AI image generation - Differentiators: High-quality artistic output, community engagement, Discord integration ## Perplexity Queries ### Latest Company News [Summarize the latest news about Midjourney, focusing on recent developments and announcements. Include information from reputable sources such as news articles and press releases. Provide a list with sources and summaries for each piece of news.](https://www.perplexity.ai/search/summarize-the-latest-news-about-midjourney-focusing-on-recent-developments-and-announcements-include-information-from-reputable-sources-such-as-news-articles-and-press-releases-provide-a-list-with-sources-and-summaries-for-each-piece-of-news) ### Industry AI News [Latest AI news for Midjourney and the AI Content & Media industry. Provide a list of recent AI-related developments, initiatives, or products from Midjourney and other companies in the AI Content & Media industry. Include sources and brief summaries for each item.](https://www.perplexity.ai/search/latest-ai-news-for-midjourney-and-the-ai-content-media-industry-provide-a-list-of-recent-ai-related-developments-initiatives-or-products-from-midjourney-and-other-companies-in-the-ai-content-media-industry-include-sources-and-brief-summaries-for-each-item) ## Tags #ai #content #media #image-generation #art #discord #private --- *Last Updated: 2025-07-27*