Character.ai, an Alternative to ChatGPT, Valued at $1 Billion
March 4, 2023
IBL News | New York
Generative artificial intelligence chatbot company Character.ai is now valued at about $1 billion after an investment of more than $150 million led by Marc Andreessen’s venture capital firm Andreessen Horowitz, The Financial Times reported.
Launched less than six months ago, Character.ai uses large language models, the technology that underlies chatbot ChatGPT. The company was founded by Noam Shazeer and Daniel De Freitas, who previously built Google’s conversational model LaMDA.
Andreessen’s investment is the latest sign of the hype around the sector after Microsoft and Google struck big partnership agreements with OpenAI and Anthropic.
Sources: https://t.co/AozjlQlm1b, which uses LLMs to let users chat with famous people like Shakespeare, raised between $200M and $250M led by a16z at a ~$1B valuation (Financial Times)https://t.co/UeTPqLBs1chttps://t.co/OSzSklxM5i
— Techmeme (@Techmeme) March 3, 2023
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