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Character.ai files for voluntary Chapter 11 bankruptcy

Original: Character.ai has initiated voluntary Chapter 11 bankruptcy

Character.ai, the company behind the AI chatbot platform for creating and talking to custom characters, has initiated a voluntary Chapter 11 bankruptcy filing, according to its own announcement. The filing means the company will reorganise its debts while continuing to operate rather than immediately liquidating. Discussion online is focused on what the move signals about the company's finances and the future of its service, with users questioning whether the platform and its communities will survive the restructuring.

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Character.ai

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