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

Character.AI has filed for Chapter 11 bankruptcy after five years, citing high development costs and litigation. The company agreed to sell certain assets to Disney for $20 million.

Read the full story at TechCrunch AI ↗

Timeline · 9 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 17:10 · AI Insider
    Character.AI Files for Chapter 11 Bankruptcy and Agrees $20M Asset Sale to Disney
  3. 2026-10-13 17:07 · Wall Street Journal Technology
    Character.ai Maker Files for Chapter 11 Bankruptcy
  4. 2026-10-13 16:13 · CNBC Technology
    AI companion startup Character.ai files for Chapter 11 bankruptcy, citing costs and litigation
  5. 2026-10-13 14:14 · r/antiai
    Character.AI Files For Bankruptcy
  6. 2026-10-13 14:00 · r/artificial
    Character.AI files for bankruptcy, to sell some assets to Disney for $20 million
  7. 2026-10-13 12:23 · TechCrunch AI
    Just 5 years in, interactive chatbot platform Character.AI files for bankruptcy
  8. 2026-10-13 11:46 · r/antiai
    Character.Ai has filed for bankruptcy guys
  9. 2026-10-13 06:30 · r/antiai
    Reuters: Character.AI files for bankruptcy.

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