Article
Meta Joins Forces with Midjourney to Revolutionize AI Image and Video Creation Across Its Platforms
Summary
Meta partners with Midjourney to license its AI image and video tech, aiming to boost creative tools like Imagine and MovieGen and compete with OpenAI and Google in generative media.
Meta has formed a strategic partnership with Midjourney, which gave the startup firm a license to its cutting-edge AI image and video generation technology. The partnership, announced by Meta Chief AI Officer Alexandr Wang, is a major move in Meta's drive to be at the forefront of the creative AI industry. Wang emphasized that integrating Midjourney's "aesthetic technology" will make future models and products of Meta better, providing good-looking content to billions of individuals.
Midjourney, celebrated for producing hyper-realistic and style-differentiated outputs, is a pioneer in generative media that has gained popularity rapidly since it was founded in 2022. The firm recently unveiled its inaugural video model, V1, and reportedly hit $200 million in sales by 2023. Although said to have been in acquisition talks in the past, Midjourney remains independent and never accepted outside funding.
Meta’s licensing deal comes amid fierce competition from rivals like OpenAI’s Sora and Google’s Veo. Meta’s own tools—Imagine for images and MovieGen for video—have lagged behind, prompting the company to invest heavily in AI talent and infrastructure. The partnership is one of the first major moves under Meta’s revamped AI division, following its $14 billion acquisition of Scale AI and a hiring spree offering compensation packages up to $100 million.
Although terms of the Midjourney deal are not publicly disclosed, the partnership illustrates Meta's desire to overtake rivals in the competition to provide immersive, generative media experiences. Both firms are subject to continuing legal pressure concerning copyright training data, but recent court decisions have been sympathetic to tech companies, possibly paving the way for more pervasive innovation.