It is reported that Google spent $2.5 billion to acquire AI unicorn Character.AI, and the founder led the team to "sell themselves to a big company"

According to Bloomberg, on Friday local time, AI Unicorn Companies Character.AI founders Noam Shazeer and Daniel De Freitas, along with some members of the research team, joinedGoogleCompany.

The report cited unnamed sources familiar with the matter as saying that existing investorsWill buy out the company's stock for $2.5 billion (currently about Rs. 17,964 million)The company's name is "The Rising Star". This is much higher than the previous valuation of $1 billion (currently around Rs 7,186 crore) for the company. However, it's still below the high $5 billion (currently around Rs. 35.929 billion) valuation the company discussed during early talks with investors last year.

Character.AI says it will enter into an agreement with Google over its large-scale language modeling technologynon-exclusive license agreementAt the same time Character.AI willcontinue to exist. "The majority of Character.AI's talented team will remain in place and will continue to build the Character.AI product for our growing user base."

For the founders of Character.AI, the deal represents a "The feeling of being home", both founders previously worked at Google. During his first job at the tech giant, Shazier co-authored Attention Is All You Need, a seminal paper on generative AI. But as of July 2023, all eight of the paper's authors have left Google, with many founding their own high-profile AI startups.

Character.AI can make anyoneMake your own customized chatbotI'm not going to imitate anyone and anything -- whether it's theAlive, dead or imagined.Characters. Millions of chatbots have been created on the platform, some of which are popular conversation partners. For example, users have sent about 371 million messages to the platform's AIs "General Raiden" and "Shadow" (a Proto-God character).

Not long ago, there were reports in the foreign press that Musk's artificial intelligence startup xAI was consideringAcquisitionAI, the chatbot maker Character.AI, as it looks for more ways to test Grok chatbots. However, Musk tweeted on Aug. 1 via X (Twitter)Denied the news..

 

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