Ideogram (text-to-image model)
| Founded | 2022 |
|---|---|
| Country of origin | Canada |
| Founder(s) | Mohammad Norouzi William Chan Chitwan Saharia Jonathan Ho |
| CEO | Mohammad Norouzi |
| URL | ideogram.ai |
| Launched | August 22, 2023 |
 | This artificial intelligence-related article is a stub. You can help Wikipedia by expanding it. |
| Part of a series on |
| Artificial intelligence (AI) |
|---|
_artificial_intelligence_icon.png?lang=en){kind=icon} |
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
Ideogram was founded in 2022 by Canadians Mohammad Norouzi, William Chan, Chitwan Saharia, and Jonathan Ho,[1][2] and first released with it's 0.1 model on
August 22, 2023,[3] after gaining $16.5 million in seed funding,[4] which itself was lead 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
Excluding the seed funding, there is minimal information about Ideogram's early earnings after it's launch. However, Ideogram is known to have earned $80 million after it's 1.0 model release in 2024.[6]
- ^ https://pitchbook.com/profiles/company/534515-68#team
- ^ https://allensthoughts.com/2023/09/03/ideogram-ai/
- ^ 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.