Chatbot Startup Character.AI Reportedly in Fundraising Talks

Character.AI is in discussions with investors about raising an additional round of funding, The Information reports, citing a person with direct knowledge.

(Bloomberg) — Character.AI is in discussions with investors about raising an additional round of funding, The Information reports, citing a person with direct knowledge.

The talks come about four months after Character.AI, which allows users to create artificial intelligence–powered chatbots modeled after celebrities and historical figures, said it had raised $150 million at a $1 billion valuation.

The financing may provide a cushion as the company tries to boost revenue by charging for perks, such as faster chatbot responses, with a $9.99 monthly subscription, The Information said. Registered users have climbed to 15 million since its September launch, the media outlet reported.

The company was founded by ex-Google researchers.

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