Chatbot startup Character.AI has laid off at least 5% of its employees. According to Reuters, The Information has reported this quoting a source. The report said that most of the employees who were fired worked on marketing and recruiting for the startup.
A Character.AI spokesperson told Reuters, “We are refocusing the company to ensure that all roles align with our new direction of building personalized AI (artificial intelligence) products.”
“As a result, we have slightly reduced our headcount,” the spokesperson said, without specifying the number of employees laid off. Earlier this month, Character.AI signed a deal with Google that gives Google a non-exclusive license to Character. AI’s large language model technology.
Startups will get more funding
The startup said in a blog that Character.AI will receive more funding as part of the deal with Google. However, the startup did not disclose the amount. Character.AI had previously raised $193 million in venture capital from investors including Andreessen Horowitz. In November, it was reported that the startup was in talks to raise millions of dollars from Google.
Also Read:Â New Rules: New rules announced for buyers and sellers of shares
There is also news that Goldman Sachs is going to face massive layoffs. In the annual review process, it has decided to lay off 3-4 percent of its employees. This means that about 1300-1800 employees will lose their jobs. According to a report by the Wall Street Journal (WSJ), layoffs have started recently and will continue. Its impact will be felt by many divisions of the bank.
Related Articles:-
UPI Circle launched to make UPI payment easier, transactions will be done without an account
New UPI Feature: Deposit Cash In ATM Using UPI Without Debit Card, Know Step By Step Guide
IMD has issued an alert of heavy rain in 17 states for the next two to three days
