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David VanderWaal, vice president of marketing for LG Electronics USA and Michael George, vice president of Alexa, Echo, and Appstore at Amazon, discussing an LG-Amazon Alex partnership at CES this year. Photo by Bloomberg.
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Photo: David VanderWaal, vice president of marketing for LG Electronics USA and Michael George, vice president of Alexa, Echo, and Appstore at Amazon, discussing an LG-Amazon Alex partnership at CES this year. Photo by Bloomberg.

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You know things are bad in Washington when Jared and Ivanka would rather be in Sun Valley with media executives trying to save their jobs than with White House colleagues doing the same.

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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
By Jon Victor, Kate Clark and Erin Woo · Jan. 27, 2023 2:25 PM PST
The cofounders of Character.AI, Noam Shazeer (CEO) and Daniel de Freitas Adiwardana (president) at the company's office in Palo Alto, CA. Photo via Getty.
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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Microsoft CEO Satya Nadella. Photo by Bloomberg
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