A Character.AI spokesperson told Reuters, “We are refocusing the company to ensure that all roles align with our new direction of building personalized AI (artificial intelligence) products.”

“As a result, we have slightly reduced our headcount,” the spokesperson said, without specifying the number of employees laid off. Earlier this month, Character.AI signed a deal with Google that gives Google a non-exclusive license to Character. AI’s large language model technology.

Startups will get more funding

The startup said in a blog that Character.AI will receive more funding as part of the deal with Google. However, the startup did not disclose the amount. Character.AI had previously raised $193 million in venture capital from investors including Andreessen Horowitz. In November, it was reported that the startup was in talks to raise millions of dollars from Google.

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There is also news that Goldman Sachs is going to face massive layoffs. In the annual review process, it has decided to lay off 3-4 percent of its employees. This means that about 1300-1800 employees will lose their jobs. According to a report by the Wall Street Journal (WSJ), layoffs have started recently and will continue. Its impact will be felt by many divisions of the bank.

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The post Character.AI Layoffs: Chatbot startup lays off 5% of its employees first appeared on Rightsofemployees.com.