#CharacterAI filed for chapter 11 #bankruptcy after #highcomputecosts and #lowrevenue caused losses of $8–9 million monthly. CEO Colin Adams cited #expensiveoperations: the firm added ads, usage limits and reduced staff. https://futurism.com/artificial-intelligence/ai-companies-afraid-characterai-bankrupcy?AIagents.at #AIagent #AI #ML #NLP #LLM #GenAI
#lowrevenue — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #lowrevenue, aggregated by home.social.