AIBetaKitabout 2 hours ago
Character.ai Files for Bankruptcy
6 min read
AI companion company Character.ai filed for Chapter 11 bankruptcy in the US on Monday, valued at $1 billion USD. It agreed to sell assets to Disney for $20 million USD. Monthly operating expenses reached $18.5 million USD in 2025, while December 2025 revenue was only $2.8 million.
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