The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis Another AI Sorta Acquisition as Character AI Founders Head (Back) to Google"
Aug 5, 2024
Explore the intriguing trend of AI companies being acquired, with a focus on the co-founders of Character AI returning to Google. Discover the fallout in the stock market that has affected major tech players, fueled by concerns over inflated valuations. Delve into the latest AI innovations and the critical discussions surrounding privacy in the digital age. With rising costs and a changing landscape, the challenges faced by AI startups are more pressing than ever.
AI Snips
Chapters
Transcript
Episode notes
AI Startup Sustainability
- Character AI's potential acquisition raises questions about the viability of independent AI startups.
- The high cost of running AI, especially with custom models, pushes startups towards big tech.
Character AI Acquisition
- Google will license Character AI's models and hire its co-founders, similar to Microsoft's deal with Inflection AI.
- Character AI investors will be bought out at a higher valuation than their Series A, benefiting investors.
Cost of Custom Models and Talent Acquisition
- The deal highlights the cost of custom models and big tech's strategy of talent acquisition.
- Around 30 of Character AI's 130 employees, primarily those working on model training and voice AI, will join Google.