David Holz on infrastructure investment
From Midjourney Office Hours | Stream October 04, 2023 · · Midjourney Recap
“We are basically taking all the yearly subscriptions from everybody who paid for yearly subscription and we're dumping it into servers. I think by the end of the year the amount of compute will be able to build out with the funding from the community will be so much that that will lead to really cool new Midjourney features.”
On , David Holz, CEO & Founder at Midjourney, spoke about infrastructure investment 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.