Find XO: AI Character Chatbot KaveDuck Raised 4.3 Billion Won (platum.kr)

- Warp Space, the operator of the AI character chatbot KaveDuck, has raised 4.3 billion won in a Series A round led by ID Ventures. - Investment is flowing into keeping users engaged longer with role-playing and creator-made characters, instead of business-oriented AI. - While general-purpose AI performance is typically the domain of large corporations, smaller teams have opportunities to delve into unique worldbuilding and creator compensation models. - However, longer user engagement time does not necessarily mean business profitability; the real challenge is sustaining character popularity through recurring payments.