AI boom in the context of "Midjourney"

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⭐ Core Definition: AI boom

An AI boom is a period of rapid growth in the field of artificial intelligence (AI). The current boom is an ongoing period that originally started from 2010 to 2016, but saw increased acceleration in the 2020s. Examples of this include generative AI technologies, such as large language models and AI image generators developed by companies like OpenAI, as well as scientific advances, such as protein folding prediction led by Google DeepMind. This period is sometimes referred to as an AI spring, a term used to differentiate it from previous AI winters. As of 2025, ChatGPT has emerged as the 4th most visited website globally, surpassed only by Google, YouTube, and Facebook.

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👉 AI boom in the context of Midjourney

Midjourney is a generative artificial intelligence program and service created and hosted by the San Francisco-based "independent research lab" Midjourney, Inc. Midjourney generates images from natural language descriptions, called prompts, similar to OpenAI's DALL-E and Stability AI's Stable Diffusion. It is one of the technologies of the AI boom.

The tool was in open beta as of August 2024, which it entered on July 12, 2022. The Midjourney team is led by David Holz, who co-founded Leap Motion. Holz told The Register in August 2022 that the company was already profitable. Users generate images with Midjourney using Discord bot commands or the official website.

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AI boom in the context of Generative artificial intelligence

Generative artificial intelligence (Generative AI, or GenAI) is a subfield of artificial intelligence that uses generative models to produce text, images, videos, audio, software code or other forms of data. These models learn the underlying patterns and structures of their training data and use them to produce new data based on the input, which often comes in the form of natural language prompts.

Generative AI tools have become more common since the AI boom in the 2020s. This boom was made possible by improvements in transformer-based deep neural networks, particularly large language models (LLMs). Major tools include chatbots such as ChatGPT, Copilot, Gemini, Claude, Grok, and DeepSeek; text-to-image models such as Stable Diffusion, Midjourney, and DALL-E; and text-to-video models such as Veo and Sora. Technology companies developing generative AI include OpenAI, xAI, Anthropic, Meta AI, Microsoft, Google, Mistral AI, DeepSeek, Baidu and Yandex.

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AI boom in the context of AI art

Artificial intelligence visual art, or AI art, is visual artwork generated (or enhanced) through the use of artificial intelligence (AI) programs, most commonly using text-to-image models (T2I or TTI).Automated art has been created since ancient times. The field of artificial intelligence was founded in the 1950s, and artists began to create art with artificial intelligence shortly after the discipline was founded. Throughout its history, AI has raised many philosophical concerns related to the human mind, artificial beings, and also what can be considered art in human–AI collaboration. Since the 20th century, people have used AI to create art, some of which has been exhibited in museums and won awards.

During the AI boom of the 2020s, text-to-image models such as Midjourney, DALL-E and Stable Diffusion became widely available to the public, allowing users to quickly generate imagery with little effort. Commentary about AI art in the 2020s has often focused on issues related to copyright, deception, defamation, and its impact on more traditional artists, including technological unemployment.

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AI boom in the context of Chatbot

A chatbot (originally chatterbot) is a software application or web interface designed to have textual or spoken conversations. Modern chatbots are typically online and use generative artificial intelligence systems that are capable of maintaining a conversation with a user in natural language and simulating the way a human would behave as a conversational partner. Such chatbots often use deep learning and natural language processing, but simpler chatbots have existed for decades.

Chatbots have increased in popularity as part of the AI boom of the 2020s, and the popularity of ChatGPT, followed by competitors such as Gemini, Claude and later Grok. AI chatbots typically use a foundational large language model, such as GPT-4 or the Gemini language model, which is fine-tuned for specific uses.

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AI boom in the context of ChatGPT

ChatGPT is a generative artificial intelligence chatbot developed by OpenAI, and released in November 2022. It uses a generative pre-trained transformer (GPT), to generate text, speech, and images in response to user prompts. It is credited with accelerating the AI boom, an ongoing period marked by rapid investment and public attention toward the field of artificial intelligence (AI). OpenAI operates the service on a freemium model. Users can interact with ChatGPT through text, audio, and image prompts.

The service gained 100 million users in two months making it the fastest-growing consumer software application in history. ChatGPT's website is among the top 5 most-visited websites globally, It has been lauded for its potential to transform numerous professional fields, and instigated public debate about the nature of creativity and the future of knowledge work.

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AI boom in the context of Text-to-image

A text-to-image model (T2I or TTI model) is a machine learning model which takes an input natural language prompt and produces an image matching that description.

Text-to-image models began to be developed in the mid-2010s during the beginnings of the AI boom, as a result of advances in deep neural networks. In 2022, the output of state-of-the-art text-to-image models—such as OpenAI's DALL-E 2, Google Brain's Imagen, Stability AI's Stable Diffusion, Midjourney, and Runway's Gen-4—began to be considered to approach the quality of real photographs and human-drawn art.

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AI boom in the context of Stable Diffusion

Stable Diffusion is a deep learning, text-to-image model released in 2022 based on diffusion techniques. The generative artificial intelligence technology is the premier product of Stability AI and is considered to be a part of the ongoing artificial intelligence boom.

It is primarily used to generate detailed images conditioned on text descriptions, though it can also be applied to other tasks such as inpainting, outpainting, and generating image-to-image translations guided by a text prompt. Its development involved researchers from the CompVis Group at Ludwig Maximilian University of Munich and Runway with a computational donation from Stability and training data from non-profit organizations.

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AI boom in the context of OpenAI

OpenAI is an American artificial intelligence (AI) organization headquartered in San Francisco, California. It aims to develop "safe and beneficial" artificial general intelligence (AGI), which it defines as "highly autonomous systems that outperform humans at most economically valuable work". As a leading organization in the ongoing AI boom, OpenAI is known for the GPT family of large language models, the DALL-E series of text-to-image models, and a text-to-video model named Sora. Its release of ChatGPT in November 2022 has been credited with catalyzing widespread interest in generative AI.

The organization has a complex corporate structure. As of October 2025, it is led by the non-profit OpenAI Foundation, founded in 2015 and registered in Delaware, which holds a 26% equity stake in OpenAI Group PBC, a for-profit public benefit corporation which commercializes its products. Microsoft invested over $13 billion into OpenAI, and provides Azure cloud computing resources. In October 2025, OpenAI conducted a $6.6 billion share sale that valued the company at $500 billion. On 28 October 2025, OpenAI said it had converted its main business into a for-profit corporation, with Microsoft acquiring a 27% stake in the company and the remaining non-profit company (now known as the OpenAI Foundation) owning a 26% stake.

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