Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million
Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. The AI entertainment platform said it intends to continue operating as it completes the sale.
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- Character.AI files for Chapter 11 bankruptcy in the US, agrees to sell some assets to Disney for $20M, and plans to keep operating as it completes the sale (Rhea Rose Abraham/Reuters) reuters.com
- Character.ai files Chapter 11; Disney steps in as stalking horse bidder seekingalpha.com
- Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million channelnewsasia.com