Google's Exciting Investment Talks with AI Startup Character.AI
Nov 13, 2023

Hey tech enthusiasts! đ Big news from the AI world: Google is reportedly in discussions to invest a whopping hundreds of millions of dollars in Character.AI, an innovative AI chatbot startup. đ¤đ° This move isn't just about funding; it's about deepening an existing partnership, where Character.AI already leverages Google's advanced cloud services and Tensor Processing Units (TPUs) for their cutting-edge model training. đŠī¸âī¸
Character.AI, co-founded by ex-Google geniuses Noam Shazeer and Daniel De Freitas, offers something really cool: the chance to interact with virtual celebs đ¤đ (like Billie Eilish!) and anime characters, and even create your own AI assistants and chatbots. What's more? This service is free! But for the eager beavers, there's a $9.99/month subscription to skip the virtual line. đđ¨
What's driving Character.AI's popularity, particularly among the 18-24 age group (accounting for 60% of its traffic), is its unique position as a fun and personal AI companion, different from others like OpenAI's ChatGPT or Google's Bard. đđĨ
The buzz doesn't stop there! Character.AI is also eyeing a massive valuation, potentially over $5 billion, as it engages in talks with venture capitalists. đđŧ Back in March, they already secured a cool $150 million, led by Andreessen Horowitz, valuing the company at $1 billion. đĩđ
This potential investment by Google is part of a bigger trend where tech giants are eagerly investing in AI startups. Google has already placed a $2 billion investment in Anthropic, and Microsoft and Amazon are making similar moves. đđĄ
But wait, there's a twist! đ The U.S. Federal Trade Commission is keeping an eye on these investments, checking for any anti-competitive behaviors. đâī¸
So, what do you think? Is this the dawn of a new AI era? Let's chat in the comments! âī¸đ
Reference: Reuters Article on Google's Investment Talks with Character.AI