Reposted by Spooks & Spots
New: I pulled the Character ai bankruptcy documents. They show:
- They were spending $14 million/month on compute alone at a time their revenue was around ~$1 million/month
- Currently losing $9 million a month
- They admitted they enshittified & that it didnt work
www.404media.co/character-ai...
404media.co
Character.ai's Bankruptcy Documents Show the Economics of AI Don't Work
Character.ai enshittified its product but was still burning tons of cash, its bankruptcy documents say.