Character AI Files for Bankruptcy and Signs $20 Million Disney Deal
Character AI has declared bankruptcy and agreed to sell some of its assets to Disney. The chatbot maker announced Tuesday (Oct. 13) that it had entered into a voluntary Chapter 11 bankruptcy process to set the stage for a court-supervised sale of its business. “Over the past year, we’ve taken meaningful steps to sustain and improve our business amid […] The post Character AI Files for Bankruptcy…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
