Midjourney is a privately owned company headquartered in the US. Founded in 2021, the company employs approximately 90 individuals and reported $9.0M in revenue as of 2023. Functioning as an independent research lab, Midjourney primarily focuses on generative artificial intelligence, exploring new mediums for ideation and aiming to expand imaginative capabilities.
Midjourney released its latest iteration, Midjourney 8, on March 20, 2026, introducing significant upgrades focused on three key areas: seamless text integration directly into images, a new High Definition (HD) mode for sharper visuals, and accelerated image creation speeds.