Character.ai's Bankruptcy Documents Show the Economics of AI Don't Work
Character.ai bankruptcy filings show unsustainable companion-AI economics, heavy legal costs, and a reported Disney offer.
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Stories tagged #a16z
A16z’s Olivia Moore on the state of consumer AI
a16z partner Olivia Moore says consumer AI is still early, with revenue concentrated in prosumer tools.
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Armadin raises $255.5 million to expand AI offensive security platform
Armadin raised a $255.5 million Series B to scale its AI offensive security platform.
Andreessen Horowitz is launching an ‘academy’ with no homework and partnerships with Palantir, Google, and Meta
Andreessen Horowitz launches a one-year San Francisco 'academy' with $42M funding and partners including OpenAI, Anthropic, and Palantir.
Podcast: Humans Are Reading Your ChatGPT Conversations
404 Media podcast examines contractors who read real ChatGPT user conversations, plus Automattic CEO turmoil and a16z's enshittification essay.
Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market
Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.
Apple’s Ternus era begins as Nvidia bets on the whole AI stack
Apple's John Ternus becomes CEO as Tim Cook steps down; Nvidia expands across the AI stack while a16z launches a $1.1B Machine Age fund.