By ET Bureau - March 26, 2023 1 Mins Read
According to a report by Reuters, Character.AI has raised USD 150 million in the latest funding round led by Andreessen Horowitz.
The AI chatbot startup was valued at USD 1 billion and is exploring opportunities with cloud providers for more strategic investment. A billion-dollar valuation for a start up with no revenue is a perfect example of the continued AI funding boom since OpenAI’s ChatGPT gained popularity.
Read More: AI chatbot Character.AI, with no revenue, raises $150 mln led by Andreessen Horowitz
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