TechFlow news, according to Decrypt, generative AI startup Character.AI has announced a $150 million funding round at a $1 billion valuation, led by a16z with participation from GitHub's former CEO Nat Friedman, Elad Gil, A Capital, and SV Angel. The new funds will enable the company to expand its computational capabilities, "enabling more complex models with advanced reasoning and higher accuracy."
Additionally, there are reports that Character.AI may explore cryptocurrency (or broader Web3) and social audio markets, as a16z has been a major player in both fields.Original link




