Google in Talks To Invest in Artificial Intelligence Startup Character.AI

Google AI Startup Character.AI

Google Explores Major Investment in Character.AI Amid AI Portfolio Expansion

Google is considering investing hundreds of millions of dollars in Character.AI, an AI startup, following its recent $2 billion investment in Anthropic in October 2023.

Google’s Planned Investment in Character.AI: Catalyzing Next-Generation Chatbot Innovation

The investment in Character.AI, likely as convertible notes, aims to develop new chatbot models. Finalizing this deal will strengthen the partnership between the two companies. Character.AI uses Google’s cloud services and tensor processing units for its AI training operations.

Character.AI: Pioneering Chatbots with Historical and Fictional Personalities

Founded by veterans from Google’s DeepMind project, Character.AI creates chatbots emulating historical and fictional characters, targeting the 18 to 24 age group. The startup secured a $150 million investment and is seeking more investments in exchange for equity, valuing the company at $5 billion.

Google Collaboration Empowers Character.AI with Cutting-Edge Infrastructure

The collaboration between Character.AI and Google, initiated in May 2023, played a crucial role in establishing the AI startup’s core infrastructure. It involved the implementation of Google Cloud Spanner, leading to a significant performance boost in subsequent months, reaching several petaflops.

Tech Giants’ Strategic Investments in AI Firms: Paving the Way for Future Advancements

Since the introduction of ChatGPT in 2022, major tech companies have been seeking substantial stakes in emerging AI firms. Staying on top of AI advancements is crucial for the tech industry.

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