What Midjourney is: - No investors, fully community-funded research lab - Revenue from image generation product funds a…
By Nick St. Pierre · AI Image
What Midjourney is: - No investors, fully community-funded research lab - Revenue from image generation product funds all R&D - ~$100M in first 9 months, $200M by month 12, still growing - 8 active projects: 4 hardware, 4 software ----2 hardware products coming to market soon (consumer-purchasable) ----2 are large-scale machines DAVID HOLZ: Background and Philosophy - Grew up in Florida, parents in medicine, dad had a dental office on a sailboat - Physics and math background: drawn to the…