Character AI CHARAI
Report IssueCharacter.AI is a new product based on deep learning models, including large language models built and trained from scratch using conversations.
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Short Review Character AI
Crypto project Character AI (CHARAI) is classified as a Artificial Intelligence. Character AI is a Utility token that is hosted on the Ethereum Network.
(CHARAI)
CHARAI Price Chart
Total amount of funds raised by the Character AI project is $150.00 M.
Character AI Investors
a16z (Andreessen Horowitz) Tier 1
SV Angel Tier 2How does Character AI work?
Character AI is based on neural language models. The supercomputer reads huge amounts of text and learns to hallucinate what words might be next in a given situation.
History of the Character.AI Project
Character.AI is a conversational artificial intelligence founded in 2021 by artificial intelligence researchers and former Google engineers Noam. Shazir and Daniel De Freitas. The platform uses large language models, deep learning algorithms that can recognize, summarize, translate, predict and generate text and other content to provide people with a personalized AI experience. Character.AI allows anyone to create and interact with characters, allowing users to create their own personalized use cases and share them with others.
In March 2023, Character.AI announced the close of a $150 million Series A fundraising round at a $1 billion valuation led by Andreessen Horowitz (a16z) with participation from other investors including Nat Friedman (former CEO of GitHub), Elad Gil, SV Angel and A Capital.
Character.AI is a full stack artificial intelligence company. This gives Character.AI the ability to create personalized experiences that no other AI can match.
The funds raised allow Character.AI to continue its significant growth trajectory by expanding its computing capabilities, resulting in a more complex model with advanced reasoning and greater accuracy, providing users with new features and capabilities, and expanding its engineering team .
Character.AI offers users the ability to create fully customizable and personalized AI. A companion with a strong personality and values. Whether a user is looking for communication or analytical problem solving, Character.AI has artificial intelligence to meet the unique needs of each person.
“The power of Character.AI lies in our highly sophisticated language model that quickly analyzes and contextualizes large volumes of information to produce actionable insights tailored to each individual, making it a personalized companion that enhances productivity , gives advice, educates and entertains. The potential uses are endless.”
Since the launch of the beta version of the platform in September 2022, Character.AI has been rapidly increasing its user base:
- The number of monthly visits to the site is approaching 100 million, which four times more than the previous two months.
- The average time on site is more than two hours per day for users who post messages.
- Since launch, users have sent more than two billion messages.
- Users have created more than 2.7 million characters.
- Character.AI is now ranked among the top 400 websites worldwide based on monthly visits, as ranked by Similarweb. li>
“Character.AI is a rapid and radical development in generative AI with the potential to change the way humans not only interact with AI, but more broadly to reinvent the way we interact with technology in our daily lives,” said Sarah Wang, General Partner at a16z.
“Noam and Daniel have been pioneers in the field of AI for almost two decades, and we are excited to support them in the next chapter of their journey. They have built a powerful platform with an end-to-end combination of model and application that allows Character.AI to continually improve its product as more people create and interact with it.”
