ByteDance, the owner of TikTok, is working on a Clubhouse clone, Reuters said. About a dozen Chinese apps have sprung up to fill the gap in the local market after the popular U.S.-based group-chat app was blocked in February. Even though the iPhone-only app had limited distribution within China, it generated excitement for allowing uncensored discussions about sensitive topics. That kind of...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
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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