Midjourney, the AI image generation company, has acquired Co-Star, a popular astrology and social networking app. Co-Star's CEO, Banu Guler, will now serve as Chief Design Officer at Midjourney, where she will lead the development of a new cross-functional design, product, and frontend team. The Co-Star app will continue to operate independently under Guler's leadership. AI
IMPACT This acquisition could signal a move by AI companies to integrate consumer-facing social or lifestyle applications to broaden their user base and data collection.
RANK_REASON Acquisition of a consumer app by an AI company, with a leadership change.
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