✉news TechnologyAI first seen 1 d ago, last 1 d ago, peak #30
Character.AI files for bankruptcy, sells assets to Disney
Original: Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million
AI chatbot company Character.AI has filed for bankruptcy and agreed to sell some of its assets to Disney for $20 million. The deal marks a striking fall for a startup once valued as one of the most prominent players in consumer artificial intelligence. Reuters reported the filing, which now leaves questions over the platform's future and the fate of its remaining operations and staff.
Why now: The bankruptcy of a high-profile AI startup and its absorption by Disney is major news for the tech and entertainment industries.
Evidence
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