The U.S. stock market suffered its worst week since the 2008 financial crisis amid the worsening COVID-19 pandemic, as governors of states like New York and Illinois essentially put their entire populations on lockdown and unemployment claims were expected to spike as high as 3 million by next week. The Dow Jones Industrial Average fell more than 912 points, or about 4.5%, on Friday. Tech...
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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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