AITechCrunchabout 1 hour ago
Character.AI Files for Bankruptcy
3 min read
Interactive chatbot platform Character.AI filed for Chapter 11 bankruptcy five years after launch. The company holds assets and liabilities between $50 million and $100 million. It agreed to sell assets to Disney for $20 million. The sale process is expected to close in late November or early December. Former CEO Karandeep Singh Anand will lead transition services.
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