I still use Midjourney, because all of these major players are so bad at stylistic and creative work. They're singularly focused on photorealism.
That is, it's nice to make a pretty stand-alone image, but without tools to maintain consistency and place them in context you can't make a project that is more than just one image, or one video, or a scattered and disconnected sequence of pieces.
Better to read that particular story in the context of, "It would be very difficult to make a seed fund that is an index of all avant garde culture making because [whatever]."