Character.AI is planning to raise hundreds of millions of dollars in funding, with a valuation of over $1 billion.

The American AI startup Character.AI is currently negotiating with potential buyers or investors to sell the company or raise funds. The company's founder left Google a year ago to start the company. Character.AI is trying to continue operating as an independent company, and the company executives have recently been in talks with investors to raise hundreds of millions of dollars at a valuation exceeding $1 billion.