META PARTNERS WITH MIDJOURNEY ON AI IMAGE AND VIDEO MODELS

Summary from the TLDR Design newsletter

Meta partnered with Midjourney to license the startup's AI image and video generation technology, with Meta's research teams collaborating to integrate it into future AI models and products. The licensing deal helps Meta compete with leading AI visual models like OpenAI's Sora and Google's Veo, marking another strategic move in Meta's aggressive AI expansion following major talent acquisitions and investments. Midjourney remains independent despite the partnership, maintaining its position as a leading AI image generator that has never taken outside funding.