EventBusinessOctober 13, 2026

Disney bids $20M for Character.AI tech in bankruptcy

Read original source →arstechnica.com

Disney offered $20 million for a "non-exclusive perpetual license" to certain Character Technologies IP in a bankruptcy proceeding that began this week. Disney sent Character.AI a cease-and-desist in September 2025 over sexualized Disney-character chatbots, and has since hired former Character.AI chief Karandeep Anand as its first CTO.

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