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Character.AI filed for bankruptcy earlier this week, and Disney has agreed to make employment offers to at least 60 of its employees, the majority of the workforce, at an estimated $60 million in annual compensation. A legal filing spotted by Bloomberg says the "vast majority" of those offered jobs accepted. Disney had previously agreed t…
Tolan, an AI companion app that helps users manage daily tasks, relationships and emotions, raised $30 million from Union Square Ventures, Khosla Ventures and Homebrew, according to Upstarts Media. The round doubles its total funding. The company did not disclose its valuation; PitchBook estimates it at more than $268 million with medium …
This is not a cybersecurity incident. It is an interview-based report from TechCrunch Disrupt with the five partners of venture firm Benchmark. The partners discuss the firm's $2 billion raise across two funds this summer, including a $1.25 billion growth fund. They say they will keep a pace of two or three new investments per partner per…
