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Disney Bids on Character.ai Assets as Chatbot Provider Files for Chapter 11 Bankruptcy

World 2 sources 1 country 🔦 Under-reported 33m ago

Disney poached the CEO of Character.ai last month for a new chief technology officer role — and now, a month later, many of the company’s assets may follow Character.ai, the controversial chatbot company known for letting its users generate and engage with a suite of original and user-generated characters, filed for Chapter 11 bankruptcy on Monday […] The entertainment giant, which recently hired the AI firm's former CEO, is the stalking horse bidder in the proceeding for certain assets.

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Read the full story at the source Variety · US ↗
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