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- Midjourney v6 brings photorealism to text-to-image AI
Midjourney v6 brings photorealism to text-to-image AI
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/e17c23f3-58a2-4d15-b965-192be2687e69/Bay_Area_Times_email.png)
Top stories today:
- Midjourney v6 brings photorealism to text-to-image AI
- Stripe's revenue +35% to $1B in Q3
- Principal engineers are getting $1M at Meta
- Apple stops selling Watch Series 9, Ultra 2 in U.S. online store
0. Data and calendar
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b44c82a2-7576-489b-97df-9de8b80a7a7a/Screenshot_2023-12-22_at_11.10.42_AM.png?t=1703243499)
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/005b0cb0-b2bf-47de-9775-b5e4c6ca0241/Screenshot_2023-12-22_at_10.00.41_AM.png?t=1703239296)
All times are ET.
1. Midjourney v6 brings photorealism to text-to-image AI
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/570c0b48-e715-452d-b126-966ed7c7e12c/midjourney_5_vs_6.png?t=1703235213)
The best text-to-image AI we've seen, including OpenAI's DALL-E 3, which was the #1 in this category.
Midjourney has $200M+ in accumulated revenue with $0 external funding.
2. Stripe's revenue +35% to $1B in Q3, adjusted operating profits at $150M
Likely still unprofitable on an unadjusted (i.e. realistic) basis:
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/c3e13872-1549-4842-b173-c133ed2f01e0/Stripe_s_revenue_%2B35__to__1B_in_Q3__.png?t=1703237552)
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