The post Midjourney Has Released Its New V7 AI Image Generator appeared on BitcoinEthereumNews.com.

V7 is available in two variants – Relax and the more expensive Turbo. Additionally, Draft Mode is presented, which is twice as cheap and 10 times faster compared to the standard plan. Draft works are of low quality, but they can be improved immediately. The company recommends “thinking out loud” by running through different ideas to generate images.  Before you start working with V7, you need to provide the neural network with about 200 images to create a personalized profile. It customizes the model according to the user’s individual preferences. A number of standard Midjourney features like image scaling and retexturing are not yet available for V7. Those will come at a later date. Midjourney presented its last development more than a year ago – at the time, the company announced a new AI-based imaging model that gained the ability to generate meaningful text. The new tool comes a week after OpenAI added a GPT-4o model-based image generator to ChatGPT and Sora. The service gained widespread popularity and led to a shortage of performance capacity.  OpenAI raised $40 billion at a $300 billion valuation AI startup OpenAI closed a new round of funding, raising $40 billion at a $300 billion valuation, making it one of the largest privately held firms in the world. It shares the top three in terms of value along with Elon Musk’s SpaceX and China’s ByteDance. Top most expensive private companies in the world. Source: CB Insights. “This will allow us to further push the boundaries of artificial intelligence research, scale our computing infrastructure, and provide increasingly powerful tools for the 500 million people who use ChatGPT every week,” Sam Altman’s company noted.  In March, the number of weekly chatbot users exceeded 400 million – it took the app less than six months to double that number. Altman pointed out that ChatGPT’s launch 26…

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Filed under: News - @ April 4, 2025 7:15 pm