TechCrunch tracks AI graveyard as Relay shuts down, Character.ai files for bankruptcy

TechCrunch compiled a list of failed AI projects: workflow tool Relay shut down in August, and Character.ai filed for bankruptcy five years after launch. S&P Global data shows about 42% of AI initiatives end up abandoned. OpenAI also rolled back its ChatGPT "super app" redesign, showing even giants are not immune.

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