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- 🤖 Character.ai’s $4B Google Deal Sparks Strategic Shift
🤖 Character.ai’s $4B Google Deal Sparks Strategic Shift
+ 🤖 Character.ai’s $4B Google Deal Sparks Strategic Shift
Rocky Stano
October 04, 2024
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TGIF! Happy AI Friday
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ON YOUR ‘MASTER LIST’ TODAY
💬 AI Inspiration
💸 OpenAI Breaks Records with $6.6B VC Deal!
🤖 Google's $4B Investment Reshapes Character.ai's Strategy
🏗️ Microsoft's $100B AI Data Center Gamble: What’s at Stake?
🎨 AI Art: Can You Tell What’s Real?
📊 Last Poll Result
FRIDAY AI QUOTE
“In the middle of difficulty lies opportunity."
OPEN AI
Biggest VC Deal Ever: OpenAI Hits $6.6B
OpenAI raised $6.6 billion, the largest venture capital deal ever, valuing the company at $157 billion.
Investors include Microsoft, Nvidia, and Thrive Capital. OpenAI is shifting to a for-profit model, causing internal changes.
Apple did not invest.
Character AI
Google’s $4B Deal Reshapes Character.ai’s Future
Character.ai is changing its business after a $4 billion deal with Google.
Instead of building advanced AI models, it will focus on improving its chatbot platform, which has 20 million active users.
High costs made it too hard to compete with big companies like Google, OpenAI, and Amazon.
Credits: Character AI
As part of the deal, Google got a license to use Character.ai's technology and hired 20% of its staff, including the co-founders.
Despite losing key members, interim CEO Dominic Perella said the company will keep growing and has enough funds to operate for the next 18 months.
Character.ai's shift highlights how expensive it is for startups to develop AI.
By focusing on its successful chatbot platform, the company can keep serving users and grow without building new AI models.
They also plan to explore more licensing deals and partnerships with bigger companies like Google.
Would you chat with an AI avatar for dating or counseling? 🤖💬 |
AI ART - CAN YOU TELL?
 A |  B |
💯 Well Done!
MICROSOFT
Microsoft’s $100 Billion AI Data Center Bet
Microsoft's AI efforts have led to $108.4 billion in data centre finance leases, up by $100 billion in two years.
These leases, aimed at supporting AI workloads, will run from 2025 to 2030.
While this expands Microsoft's cloud and AI capabilities, it could pressure profit margins.
What Microsoft’s $100 Billion AI Investment Could Mean?
More AI Power: Bigger data centers for AI tasks like ChatGPT.
Lower Short-Term Profits: High costs could reduce profits for now.
AI Leadership: Strengthens Microsoft’s position in AI services.
Stronger Partnerships: Boosts collaborations with cloud providers like Oracle.
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THAT’S A WRAP
That's a wrap! Have a great day and week ahead! Back again on Friday for more AI exclusives.
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