Character AI, chatbot startup, achieves $1 billion valuation in new funding round

  • Character.AI is a chatbot startup that has achieved a valuation of $1 billion in a new funding round.
  • It is one of few small companies that is building technology to rival the systems under development at OpenAI.
  • OpenAI is the San Francisco startup that sparked the AI boom with the release of ChatGPT, an online chatbot.

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