✉news BusinessStartups first seen 4 h ago, last 49 min ago, peak #16
Disney Bids on Bankrupt Character.ai Assets After Suing It
Original: Disney Accused Character.ai of Copyright Infringement. Now It's Bidding on the Bankrupt Startup's Assets
Disney, which previously accused Character.ai of copyright infringement over characters based on its intellectual property, is now bidding on the assets of the bankrupt AI startup. The move would give the entertainment giant a direct stake in the company it was fighting in court, drawing attention to how major media firms are pivoting from litigation to acquisition as generative AI companies struggle financially.
Why now: The irony of a company suing a startup and then bidding to buy its assets is drawing attention amid ongoing disputes between Disney and AI firms.
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