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)

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 (DIS.N) for $20 million.

reuters.com ·1h ago

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Also reported by 3 other outlets

Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million economictimes.indiatimes.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

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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)

Also reported by 3 other outlets

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