Character.AI files for Chapter 11, to sell assets to Disney for $20M
Read original source →techcrunch.com
The company listed assets and liabilities between $50M and $100M; Disney is lead bidder at $20M plus a non-exclusive perpetual IP license. CEO Colin Adams said no other bid exists yet and the platform will be wound down if none emerges.
People · Colin Adams
How this story unfolded
1 day · 4 reports · 3 community posts · 7 of 8 shown
- Oct 13
- Oct 14
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