Startup Character.AI Raises $150 Million and Becomes a Unicorn
- Andreessen Horowitz led the funding round for the AI upstart
- Technology lets users create chatbots that mimic other people
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Startup Character.AI, which lets people create their own chatbots, has raised $150 million in a funding round led by Andreessen Horowitz, notching a $1 billion valuation from investors.
The company’s technology allows users to create chatbots that can assume different personas, from US President Joe Biden to Super Mario. It’s the latest artificial intelligence startup to raise large sums of money, showing investors’ continued interest in the industry only two weeks after the collapse of Silicon Valley Bank up-ended the world of venture-backed startups.