Midjourney Inc.

Midjourney is a self-funded AI research lab that has revolutionized AI-generated art through its Discord-based platform. Founded in 2022 by David Holz (co-founder of Leap Motion), the company operates the world's largest Discord server with over 21 million members. Despite having only 131 employees, Midjourney has achieved remarkable financial success, generating $200 million in revenue in 2023 and projecting $300 million for 2024, all without external funding. The company's AI image generation platform, which entered open beta in July 2022, allows users to create stunning artwork through simple text prompts. Valued at $10.5 billion, Midjourney stands out as one of the most profitable AI companies, having been profitable since its first year of operation.