AINotebookcheckabout 2 hours ago
Character.ai Files for Bankruptcy
3 min read
Character.ai filed for Chapter 11 bankruptcy on Oct. 12, 2025, citing legal and operational headwinds. Disney bids $20 million for an IP license excluding user data. The sale closes in late November or early December 2026. About 163 million users are affected by the potential platform shutdown.
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