Midjourney, a privately owned independent research lab founded in 2021 and headquartered in the US, develops generative AI. Employing approximately 90 people, the company's reported revenue in 2023 was less than $10 million. Its stated mission is to explore novel methods of thought and enhance human creativity.

Revenue

Founded

2021

Headcount

81

Headquarters

US

Primary Segment

Generative AI

Ownership

Privately Owned

News Summary:

Midjourney's AI image generation capabilities were noted as having been initially perceived as experimental. The technology's rapid advancement in the field of AI image generation was highlighted, showing its ability to create hyper-realistic portraits and landscapes from text prompts. A lawsuit was filed on an unspecified date against Midjourney by Disney and Universal in the US District Court. The lawsuit alleges copyright infringement due to the unauthorized generation of copies of Disney and Universal characters.

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Midjourney offers products in the enterprise tech industry. Midjourney's product portfolio comprises of generative AI.
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Midjourney's revenues were less than $10M in 2023. All the revenue comes from aI content generation.
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