Meta partners with Midjourney on AI image and video models
1. Meta partners with Midjourney to enhance its AI image and video technology. 2. Collaboration aims to produce competitive AI models against OpenAI and Google. 3. Meta has heavily invested in AI talent and technology recently. 4. Midjourney, founded in 2022, is projected to generate $200 million revenue in 2023. 5. Meta faces copyright challenges similar to Midjourney amid current industry lawsuits.