1. It kind of makes sense that an AI imagery company would apply that to other novel applications of imagery and computing and try to do something cool with it.
2. Midjourney as a brand is all over the place and this feels -off, somehow. I think from a branding pov they should have just started a different company with a different name. Perhaps a single image-focused umbrella company named [Name] with Midjourney and this medtech company as separate subsidiaries.
3. AI imagery companies suddenly making medtech products and spas feels very “we don’t know what to do, so we’re going to throw spaghetti at the wall.” That doesn’t necessarily mean it’ll be bad, just that it’s not typically what you’d do if you’re working on something super successful already.
4. AFAIK they are entirely self-funded and so this really isn’t about VC scaling or anything like that. But that doesn’t mean they’re immune to the same cultural pressures.