Ideogram (text-to-image model)
| Developer(s) | Ideogram |
|---|---|
| Initial release | 29 August 2023 |
| Stable release | Version 2.0
/ 21 August 2024 |
| Type | Text-to-image model |
| Website | ideogram |
| Part of a series on |
| Artificial intelligence (AI) |
|---|
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Ideogram is a freemium text-to-image model developed by Ideogram, Inc. using deep learning methodologies to generate digital images from natural language descriptions known as "prompts".
History
Ideogram was founded in 2022 by Mohammad Norouzi, William Chan, Chitwan Saharia, and Jonathan Ho to develop a better text-to-image model.[1]
It was first released with its 0.1 model on August 22, 2023,[2] after gaining $16.5 million in seed funding,[3] 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. Reviewers noted that the model appeared more capable of producing legible text than its competitors, including Midjourney.[4]
Earnings
Ideogram raised $80 million[when?] after its 1.0 model release in 2024.
References
- ^ Castaldo, Joel (September 25, 2023). "Toronto startup Ideogram launches image generator as interest in AI tools shows signs of slowdown". The Globe and Mail. Retrieved June 13, 2024.
- ^ "Announcing Ideogram AI". Ideogram. Retrieved June 13, 2024.
- ^ Franzen, Carl (August 24, 2023). "Watch out, Midjourney! Ideogram launches AI image generator with impressive typography". VentureBeat. Retrieved March 28, 2024.
- ^ Metz, Rachel (October 4, 2023). "Ideogram Produces Text in AI Images That You Can Actually Read". Bloomberg News. Retrieved June 13, 2024.
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