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Developing2 outlets · over 3 hours

Character.AI Files Bankruptcy, Sells Assets to Disney

Character.AI filed for Chapter 11 bankruptcy in the US on Monday. The company agreed to sell some assets to Disney for $20 million and plans to keep operating as it completes the sale. Disney previously told Character.AI to stop hosting chatbots that copied its characters.

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The story so far2 updates, latest first.

Latest
What changedSale expected to close in late November or early December
Character.AI Files Bankruptcy as Disney Bids $20M
TThe Next Web·about 2 hours ago
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)
RReuters·about 5 hours ago

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