Midjourney, a tech company with just 40 employees, has struck gold, raking in a whopping $200 million in annual revenue, all without a single investor!
They offer a cool AI image Generation service on Discord, with packages ranging from $10 to $120 per month.
Their Discord channel has seen a massive surge, going from 2 million to a staggering 14.8 million users in just a year.
The brains behind it all, 35-year-old founder David Holz, boldly turned down investor offers and even stockpiled graphics cards back in 2021, foreseeing their scarcity and rising prices.
Hold on to your seats because Midjourney is cooking up something even bigger! Version 6 is on the horizon, set to launch later this year. For the first time, it’ll be web-based and is promised to be their highest quality “AI thing” yet. Don’t worry, Discord support is here to stay!
But that’s not all. The Midjourney team is venturing into the world of videos and 3D creations. Holz predicts a future where content is generated in real-time at 30 frames per second in super high resolution. And brace yourselves, by 2030, whole video games might be born from their technology!
This is a game-changer, showing that AI services can be a thriving business all on their own. Kudos to Midjourney for this stellar achievement!