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Jason Koebler@jasonkoebler.bsky.social

New: I pulled the Character ai bankruptcy documents. They show: - They were spending $14 million/month on compute alone at a time their revenue was around ~$1 million/month - Currently losing $9 million a month - They admitted they enshittified & that it didnt work www.404media.co/character-ai...

404media.coCharacter.ai's Bankruptcy Documents Show the Economics of AI Don't WorkCharacter.ai enshittified its product but was still burning tons of cash, its bankruptcy documents say.