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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)

techmeme.com

Character.AI filed for Chapter 11 bankruptcy in the US and agreed to sell some assets to Walt Disney for $20 million. The company plans to continue operating as it completes the sale.

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  1. SOURCE@reuterslegal“agreed to sell some of its assets to Walt Disney for $20 million”x.com
  2. SUPPORT@edzitron“first dead AI startup, one of the first big names!”x.com
  3. SOURCEhuggingnewshuggingnews.com
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  6. DISCUSSIONnryoonews.ycombinator.com
  7. SOURCEhnblog.character.ai
  8. SOURCEtechcrunch.com
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