Business Bytes
Google In Talks to Invest in AI Chatbot Startup Character.AI
By KeeVurds Desk
Character.AI is an AI chatbot startup that allows users to engage with virtual versions of celebrities and other characters.
What is Character.AI?
Google is reportedly in advanced discussions to invest hundreds of millions of dollars in Character.AI for several reasons.
Google's Take
The platform received 100 million monthly visits to its website within the first six months since its launch. It shows the potential.
Character.Ai's Growth
Character.AI already utilizes Google's cloud services and Tensor Processing Units (TPUs) for model training. The move will be good.
Using Google Cloud
Firstly, Character.AI offers a wider range of chatbot character and secondly, its chatbots are more engaging and personalized.
How Is It Different?
The platform is particularly popular among users aged 18 to 24, who contribute around 60% of the website's traffic.
Who Is Using Its Services
In March, It raised $150 million in a funding round led by Andreessen Horowitz, achieving a valuation of $1 billion.
Potential of Platform