BusinessChatbots

Character.AI files for Chapter 11, with Disney as $20M lead bidder

The Verge ·

Character.ai wordmark in white on a dark-green and olive background

The chatbot startup filed for bankruptcy in Delaware to sell its assets. Disney is the stalking-horse bidder at $20 million for a license to some of its IP. The service stays online during the sale, which is expected to close in late November or early December.

Sources

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