The startup, established in 2021, offers a service that allows users to create chatbots capable of engaging in text conversations. It recently introduced a subscription service, c.ai+, which offers users faster access to its messaging service for a monthly fee. The new funding could provide Character.AI with more flexibility as it seeks to boost revenue through paid perks with its subscription service.
Key takeaways:
- Character.AI, a startup specializing in generative AI and chatbot technology, is in talks to raise funding that could value the company at over $5 billion.
- The company was founded by former Google employees and offers a service that allows users to create chatbots for text conversations.
- The potential funding deal could see the company's value rise to between $5 billion and $6 billion, a significant increase from its previous valuation of $1 billion.
- Character.AI introduced a subscription service earlier this year, offering users faster access to its messaging service for a monthly fee.