Google Acquires CharacterAI for Over 25 Billion and Integrates the Team

On August 3rd, according to Jin10’s report, AI unicorn company Character.AI announced that Google (GOOG.O) has paid a licensing fee to Character.AI for its payment model. Google will also allow Character.AI’s co-founder and CEO, Norm Shazell, and president Daniel DeFretas, as well as 30 out of approximately 130 employees engaged in model training and voice AI work at Character.AI, to join Google and participate in the Gemini AI project. It is reported that Character.AI’s management informed employees that investors’ stocks will be acquired at an estimated value of about $88 per share. The overall acquisition value of Character.AI by Google will exceed $2.5 billion.