<ul><li>AI image generation model MidJourney is introducing an updated V7 model to stay relevant in the face of competition from OpenAI's GPT-4o.</li><li>The new model offers improved image quality, faster generation speed, and lower cost options such as Draft Mode and Conversational Mode.</li><li>MidJourney V7 supports Relax and Turbo modes for high-resolution images, but some functionalities are still available in the previous V6.1 model.</li><li>Personalization feature allows users to save preferences and customize the image generation process.</li></ul>

Midjourney’s new image generation model announced to take on OpenAI’s GPT-4o

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