Character.ai Bankruptcy Exposes the High Cost of AI Companionship

Character.ai, an artificial intelligence (AI) companion platform that lets users chat with AI versions of their favorite characters, filed for Chapter 11 on Oct. 12. About 12 million monthly users could not make it profitable. The company was losing $8 million to $9 million a month, CEO Colin Adams said in a Oct. 12 declaration. […] The post Character.ai Bankruptcy Exposes the High Cost of AI Companionship appeared first on PYMNTS.com.