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Character.AI files for bankruptcy with Disney as lead bidder
Original: Character.AI files for bankruptcy and names Disney as lead bidder for its assets
Character.AI has filed for bankruptcy and named Disney as the lead bidder for its assets, according to a report by Fortune. The filing puts the future of the artificial intelligence startup, known for its chatbot platform allowing users to converse with custom characters, in Disney's hands pending court approval of the sale.
Why now: The unexpected collapse of a prominent AI startup and the surprise involvement of Disney have drawn wide attention.
Evidence
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