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Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million

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Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million

Business News Tech AI Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million

Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million

Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. The AI entertainment platform said it intends to continue operating as it completes the sale.

Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. The AI entertainment platform said it intends to continue operating as it completes the sale.

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