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Character.AI Enters Bankruptcy and Sells Assets to Disney for $20 Million

Character.AI Enters Bankruptcy and Sells Assets to Disney for $20 Million

Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million
Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million

Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. The AI entertainment platform said it intends...

Character.AI files for bankruptcy
Character.AI files for bankruptcy

Character.AI, one of the first breakout startups of the generative AI boom, has filed for bankruptcy and is selling some of its assets to Disney. The company, which builds various online bots for...

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