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Character.AI

News about Character.AI: events, facts and developments on tafs uz.

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TechCrunch compiles an 'AI graveyard': a list of shut-down and failed AI projects

TechCrunch has published an updated list of shut-down AI startups and products: Character.ai filed for bankruptcy, Relay ceased operations, Notion Mail, Huxe, Yupp, and Figgs AI shut down, and the Humane AI Pin was sold to HP. According to S&P Global Market Intelligence, about 42% of corporate AI initiatives are ultimately abandoned. TechCrunch has published a continuously updated list of shut-down AI startups and products: Character.ai filed for bankruptcy, Relay ceased operations, Notion Mail, Huxe, Yupp, and Figgs AI shut down, and the Humane AI Pin was sold to HP. According to S&P Global Market Intelligence, about 42% of corporate AI initiatives are ultimately abandoned.

5 min read

Disney to hire most Character.AI employees after startup's bankruptcy

After Character.AI's bankruptcy, Disney agreed to make job offers to at least 60 of the startup's employees with total annual compensation of about $60 million. Disney previously agreed to buy part of the company's assets for $20 million, and former Character.AI CEO Karandeep Anand became Disney's first CTO. The deal is a 'stalking horse' bid, so a higher offer from another company is possible.

1 min read