SMRTR AIAug 14, 2025Futurism

Billion-Dollar AI Company Gives Up on AGI While Desperately Fighting to Stop Bleeding Money

SMRTR summary

Character.AI has shifted from its original AGI goal to an "AI entertainment vision" under new CEO Karandeep Anand, using open-source models instead of developing proprietary ones. This change comes as the startup struggles financially despite major investments. Concurrently, Character.AI faces safety controversies, including a lawsuit linking its chatbots to a teen's suicide and concerns about inappropriate content accessible to minors.

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