Cointime

Cointime

Download App
iOS & Android

a16z Leads $150 Million Series A Funding for Chatbot Startup Character AI

Cointime Official

Andreessen Horowitz(a16z) announced its latest investment in Character AI, a software development firm responsible for creating the Character AI chatbot.

The funding round for this project was a series A round that totaled $150 million and was headed by a16z. Other investors who participated in this funding round include Nat Friedman, Elad Gil, SV Angel, and A Capital.

Along with the investment in Character AI, Andreessen Horowitz’s general partner Sarah Wang will join the Character AI board.

"Character.AI has trained their proprietary LLM from scratch, enabling their product to optimize for not only raw intelligence, but also a conversational empathy that captures and holds the consumer’s attention with humor, emotion, insight, and more." Sarah Wang, the General Partner of a16z, wrote in a blog post.

About Character AI
Character AI is a web application that was created by Noam Shazeer and Daniel Freitas, who are both former software engineers at Google. It was launched in September 2022 and is designed to generate text responses using pre-programmed character chatbots. Shazeer and Freitas hold the positions of CEO and President, respectively, at Character AI.

a16z
Comments

All Comments

Recommended for you

  • Iran's Supreme Leader Advisor: Iran May Shift to Full Offensive if US Actions Continue

    On July 18, Rezaei, an advisor to Iran's Supreme Leader, stated that if the United States continues its attacks over the next two to three days, Iran will end its previous strategy of deterrence and proportional retaliation, shifting to a phase of 'full offensive and destruction.' This could involve direct strikes on US military bases and personnel outside of Iran. He mentioned that Iran's previous restraint was aimed at preventing regional conflicts from escalating, but the US's 'misjudgment' could lead to an escalation of the situation. Rezaei also called on regional countries and governments such as Kuwait, Jordan, Qatar, and the UAE to prevent the US and Israel from expanding their actions, asserting that the US strategy of 'war and negotiation simultaneously' has failed, and Iran will strengthen its counterattacks in the coming days.

  • US Military Launches New Round of Strikes Against Iran

    On July 18, the U.S. Central Command announced that the U.S. military initiated a new round of strikes against Iran at 3 PM Eastern Time that day, marking the seventh consecutive night of airstrikes. The U.S. Central Command stated that this operation was carried out under the direction of President Trump, aiming to further weaken Iran's military capabilities.

  • BTC Surpasses $64,000

    Market data shows that BTC has surpassed $64,000, currently priced at $64,018, with a 24-hour decline narrowed to 0.29%. The market is experiencing significant volatility, so please ensure proper risk management.

  • US Central Command: No US Troops Captured or Killed Recently

    On July 17, the US Central Command stated that Iranian forces claimed to have attacked US troops stationed in Syria's Tanf and captured or killed American soldiers during the incident. This claim is false, and there have been no US personnel killed or captured in the region recently. (Jinshi)

  • SpaceX's Market Value Drops by Nearly $1 Trillion

    On July 17, SpaceX (SPCX.O) saw its stock price decline by 38% from its peak, resulting in a market value loss of approximately $1 trillion from its peak.

  • US Military Night Raid in Iran Destroys Multiple Bridges

    On July 17, according to CCTV International News, a video filmed by residents of the port city of Hamir Port in Hormozgan Province, southern Iran, shows significant damage to the Kahureshtan Bridge due to a US military night airstrike, reportedly resulting in at least 4 deaths.

  • Philadelphia Semiconductor Index Opens Down Over 3%

    On July 17, the Philadelphia Semiconductor Index opened down 3.24% in the U.S. stock market. Among the component stocks, Nvidia's share price fell by 2.52%, TSMC's share price dropped by 4.77%, Broadcom's share price decreased by 1.92%, Micron Technology's share price declined by 2.78%, Advanced Micro Devices' share price was down by 4.02%, and ASML's share price fell by 2.74%.

  • SK Hynix ADR (SKHY.O) Falls Below IPO Price of $149 for the First Time

    SK Hynix ADR (SKHY.O) has fallen below its initial public offering price of $149 for the first time.

  • Nasdaq 100 Index Drops Nearly 3% to Intraday Low

    The Nasdaq 100 Index fell nearly 3% to an intraday low.

  • U.S. Stock Indices Open Lower; Semiconductor Sector Continues Adjustment

    All three major U.S. stock indices opened lower, with the Dow Jones Industrial Average down 1.03%, the S&P 500 down 1.19%, and the Nasdaq Composite down 1.80%. The semiconductor sector continues its adjustment. Nvidia's stock price fell by 2.07%, TSMC's stock price dropped by 4.49%, Broadcom's stock price decreased by 1.62%, SK Hynix's stock price declined by 2.33%, Micron Technology's stock price fell by 3.19%, Advanced Micro Devices' stock price dropped by 3.86%, ASML's stock price decreased by 2.46%, Intel's stock price fell by 3.69%, Lam Research's stock price dropped by 4.62%, and ARM's stock price declined by 4.77%.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company