The former CEO of Character.AI, which Disney previously sent a cease-and-desist letter to, will serve as the company’s first-ever chief technology officer.
Private equity is investing billions into franchise brands, but many franchisors are unknowingly creating a financial blind spot that can reduce valuations, slow growth and derail acquisition opportunities long before due diligence begins.
Let’s start with a game. Open up your chatbot of choice—Claude, ChatGPT, Gemini—and type “Give me a random number between 1 and 10.” You’re going to get 7. Almost always. Now type “Another” and you’ll get 3 or 4. Type “Another” again and you’ll get 8 or 9. That won’t work every time—but if it…