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Character.AI files for bankruptcy, sells assets to Disney for $20 million

Character.AI has filed for Chapter 11 bankruptcy and agreed to sell key assets to Disney for $20 million. The deal includes a license for certain assets as the company pursues a sale.

Read the full story at Business Insider AI ↗

Timeline · 5 reports

  1. 2026-10-13 14:00 · r/artificial
    Character.AI files for bankruptcy, to sell some assets to Disney for $20 million
  2. 2026-10-13 12:23 · TechCrunch AI
    Just 5 years in, interactive chatbot platform Character.AI files for bankruptcy
  3. 2026-10-13 10:32 · The Verge AI
    Character.AI files for bankruptcy
  4. 2026-10-13 10:00 · Business Insider AI
    Chatbot startup Character.AI files for bankruptcy, and Disney is first in line for key assets
  5. 2026-10-13 06:30 · r/antiai
    Reuters: Character.AI files for bankruptcy.

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