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Character.AI files for Chapter 11 bankruptcy with Disney as stalking horse bidder

Character.AI has filed for voluntary Chapter 11 bankruptcy to facilitate a court-supervised sale. The company has agreed to sell certain assets to Disney for $20 million as a stalking horse bidder.

Read the full story at Character.AI Blog ↗

Timeline · 4 reports

  1. 2026-10-13 07:54 · The Next Web
    Character.AI files for bankruptcy as Disney bids $20M for some assets
  2. 2026-10-13 05:20 · Unite.AI
    Character.AI Files for Chapter 11 with Disney Stalking Horse Deal
  3. 2026-10-13 04:55 · Techmeme
    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
  4. 2026-10-13 03:52 · Character.AI Blog
    An Update on Character.ai

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