Anthropic AI and Character AI, rivals of ChatGPT, are purportedly pursuing massive funding rounds


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According to reports this weekend, artificial intelligence startups Anthropic AI and Character Technologies Inc. are closing on massive funding rounds backed by a number of prominent venture capital firms.

The New York Times reported on Friday, citing two people with knowledge of the situation, that Anthropic is focusing on a USD 300 million round of funding. In the meantime, Character AI has reportedly informed investors that it needs USD 250 million in additional funding, according to a Friday The Information report.

The proposed rounds serve as additional proof of the tremendous excitement created by the potential of so-called “generative AI,” which is an umbrella term for AI algorithms that can produce text, images, and other types of media when given instructions by users.

Read More: ChatGPT rivals Anthropic AI and Character AI reportedly chasing megabuck funding rounds

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.


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