Ideogram (generative AI site)
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| Founded | 2022 |
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| Country of origin | Canada |
| Founder(s) | Mohammad Norouzi William Chan Chitwan Saharia Jonathan Ho |
| CEO | Mohammad Norouzi |
| URL | ideogram.ai |
| Launched | August 22, 2023 |
| Part of a series on |
| Artificial intelligence |
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Ideogram is a freemium generative artificial intelligence website founded in 2022. Ideogram uses as a text-to-image model based on the generated prompt given by the user. Ideogram is often considered a major competitor to Midjourney, a similar artificial intelligence tool. On the free plan, users can generate up to 25 prompts daily. On the subscription plan, users can generate limitless images.
History[edit]
Ideogram was founded in 2022 by Canadians Mohammad Norouzi, William Chan, Chitwan Saharia, and Jonathan Ho.[1][2] It was first released with its 0.1 model on August 22, 2023,[3] after gaining $16.5 million in seed funding,[4] which itself was led by Andreessen Horowitz and Index Ventures. In the week following Ideogram's launch, at least 90,000 users were able to generate over 3 million images.[5]
Earnings[edit]
Ideogram earned $80 million[when?] after its 1.0 model release in 2024.[6]
References[edit]
- ^ https://pitchbook.com/profiles/company/534515-68#team
- ^ "Ideogram.ai". 3 September 2023.
- ^ https://ideogram.ai/launch
- ^ Franzen, Carl (2023-08-24). "Watch out, Midjourney! Ideogram launches AI image generator with impressive typography". VentureBeat. Retrieved 2024-03-28.
- ^ "The AI revenue wave". www.continual.ai. Retrieved 2024-03-28.
- ^ "Midjourney competitor Ideogram closes $80-million Series A as it launches latest text-to-image model | BetaKit". 2024-02-28. Retrieved 2024-03-28.
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