AI text rendering tool Ideogram receives $80 million in financing, text rendering beats Midjourney

AI Generative Image StartupIdeogramRecently succeededFinancing80 million US dollars, attracting investments from Silicon Valley giants and well-known institutions including Jeff Dean and Karpathy.

Ideogram has made a major breakthrough with its excellent text rendering capabilities. Users only need to enter text in the prompt to naturally integrate the text into the generated image, achieving flat, suspended or even three-dimensional text effects. This multi-modal image generation capability is rare in the industry.

AI text rendering tool Ideogram receives $80 million in financing, text rendering beats Midjourney

In addition to text rendering, Ideogram also excels in other aspects. Its 1.0 version can understand long and complex prompts and generate clear and realistic images, including animals, strange combinations, and photo-realistic human expressions and hand movements.

Even more eye-catching is the "Magic Prompt" function provided by Ideogram 1.0, which can automatically enhance, expand and translate user prompts, lowering the threshold for generating high-quality creative images. This function has achieved remarkable results in the generation of creative emoticons.

It is worth noting that Ideogram's pricing strategy is also quite attractive. Free users can use 25 prompt words and generate 100 pictures per day, while users who pay $8 per month can enjoy more usage quotas. This affordable pricing strategy is in sharp contrast to its powerful functions.

Previously, Ideogram received $16.5 million in seed round financing led by a16z and Index Ventures.

It is understood that Ideogram was founded by former Google Brain researchers, and its image generator has unique advantages in generating images with text - it can reliably present letters, words and logos in images in different fonts, sizes, colors and styles, which has always been a difficult problem that other AI image generators need to overcome.

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