News Summary

• Meta is partnering with Midjourney to license the startup’s AI image and video generation technology.
• Last year, Meta rolled out its own AI image generation tool, Imagine, into several of its products, including Facebook, Instagram, and Messenger.
• The partnership could help Meta develop products that compete with industry-leading AI models, such as OpenAI's Sora, Black Forest Lab's Flux, and Google's Veo.
• At one point, Meta talked with MidJourney about acquiring the startup, according to Upstarts Media.