Instagram is hitting pause on a project to build a version of the photo-sharing app for children, the company announced in a blog post Monday. The decision follows months of pressure on the company from lawmakers and children’s safety groups who opposed the planned app. That pressure intensified in recent weeks after the Wall Street Journal published internal research about Instagram’s impact...
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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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