Meta has teamed up with Midjourney, a well-known company that creates AI images and videos.

This partnership will allow Meta to use Midjourney’s technology in its own AI tools and products.

Alexandr Wang, Meta’s Chief AI Officer, shared this news on Threads, saying that to make the best AI products, Meta needs top talent, strong computing power, and partnerships with leading companies like Midjourney.

Meta is working hard to compete with other big tech companies in the AI field.

Companies like OpenAI, Google, and Black Forest Lab already lead the way in creating AI images and videos.

Meta has its own AI tools, such as Imagine, which can create images inside Facebook, Instagram, and Messenger.

It also offers Movie Gen, a tool that makes videos from text.

This new deal with Midjourney is part of Meta’s big push into AI. Earlier this year, Meta’s CEO Mark Zuckerberg invested billions in AI startups and tried to acquire other AI companies to grow Meta’s AI power.

Midjourney’s CEO, David Holz, confirmed that Midjourney stays independent and has no outside investors.

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Although Meta thought about buying Midjourney, the companies decided to only work together through licensing and collaboration.

The details of the deal between Meta and Midjourney have not been made public.

The relationship between Meta and Midjourney demonstrates the significance of collaborations in the rapidly expanding AI sector.

Meta intends to enhance its AI products and take on other tech behemoths like OpenAI and Google by utilizing Midjourney s potent AI picture and video technologies.

This agreement also demonstrates the increasing trend of large corporations collaborating with independent AI laboratories instead of purchasing them outright.

Meta intends to be at the forefront of AI-driven graphics and content production, as seen by its ongoing investment in AI.

However, the success of this partnership will depend on how well they integrate Midjourney’s technology and keep innovating in this competitive market.