404media.co/character-ais-bankruptcy-documents-show-the-economics-of-ai-dont-work Character.ai's Bankruptcy Documents Show the Economics of AI Don't Work
Court filings show Character.ai burned up to $13.8 million a month on compute while subscription revenue sometimes dipped below $1 million. Cutting costs, ads and "lobotomized" models still left it losing $8-9 million a month before bankruptcy.
— via 404 Media, Jason Koebler
