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Character.AI Files for Chapter 11 Bankruptcy, Sells Assets to Disney

AI companion startup Character.AI has filed for Chapter 11 bankruptcy, citing high development costs and litigation. The company will sell certain assets to Disney for $20 million.

Read the full story at CNBC Technology ↗

Timeline · 7 reports

  1. 2026-10-13 20:35 · r/LocalLLaMA
    Character.AI files for bankruptcy, to sell some assets to Disney for $20 million
  2. 2026-10-13 17:07 · Wall Street Journal Technology
    Character.ai Maker Files for Chapter 11 Bankruptcy
  3. 2026-10-13 16:13 · CNBC Technology
    AI companion startup Character.ai files for Chapter 11 bankruptcy, citing costs and litigation
  4. 2026-10-13 14:14 · r/antiai
    Character.AI Files For Bankruptcy
  5. 2026-10-13 14:00 · r/artificial
    Character.AI files for bankruptcy, to sell some assets to Disney for $20 million
  6. 2026-10-13 11:46 · r/antiai
    Character.Ai has filed for bankruptcy guys
  7. 2026-10-13 06:30 · r/antiai
    Reuters: Character.AI files for bankruptcy.

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