David Holz on cloud infrastructure
From Midjourney Office Hours | Stream October 04, 2023 · · Midjourney Recap
“I think we're going to probably have four times more compute by the end of the year than we have right now. That's just because of all people who pay like for a year upfront. When people pay month to month we have to rent computers from other Cloud vendors month to month and then there's a premium on that and sometimes also like a lack of stability.”
On , David Holz, CEO & Founder at Midjourney, spoke about cloud infrastructure during Midjourney Office Hours | Stream October 04, 2023 on Midjourney Recap.
About David Holz
David Holz, founder and CEO of Midjourney, participated in a conversation with Maya Ajmera at the 2026 Regeneron International Science and Engineering Fair. He discussed the company's financial model, stating that Midjourney is one of the larger revenue AI companies but has no investors. He said he spent his own money until he was negative $1,000, which he described as motivating for making money. Holz also shared his views on addressing problems through innovation rather than conservation. He said he believes in investing in fusion, space solar, or even blocking 1% of sunlight with satellites to control the Earth's temperature. Regarding AI's risks, he said the most dangerous thing is if humans build powerful AI and in the process believe less in their own beauty and power. He contrasted humans with economic agents, stating that humans want to be something different from a perfect economic agent, and that he is biased toward humans.