AI chatbot startup Character.ai has raised more than $200M in venture funding valuing the company at about $1B.
The funding round was led by VC firm Andreessen Horowitz. Character.ai uses large language models to generate conversation in the style of various characters.
- Character.ai was founded less than six months ago.
- The company was founded by Noam Shazeer and Daniel De Freitas, who previously built Google’s conversational model, LaMDA.
- The investment comes amid recent interest in generative AI technology.
- Earlier this year, Microsoft announced a $10B investment in OpenAI’s AI tool, ChatGPT.
- Andreessen Horowitz manages $35B worth of assets across its various funds.
