Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies (Bloomberg) https://bit.ly/3MCsRIw
Bloomberg:
Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies — Even companies that raised hundreds of millions in funding are bowing out of the race to develop advanced AI models.
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