Character.AI files for bankruptcy, will sell some assets to Disney for $20M
4 sources·Updated October 13, 2026
Character.AI bankruptcy
Covered by 4 sources
- Inc Magazine·6h agoDisney Accused Character.ai of Copyright Infringement. Now It’s Bidding on the Bankrupt Startup’s Assets
The business was once valued at $1 billion. It just filed for bankruptcy.
Read at Inc Magazine → - Ars Technica·10h agoDisney offers $20M for Character.AI’s scandal-plagued chatbot tech
Disney may acquire tech from one of the first chatbot makers linked to child suicide.
Read at Ars Technica → - Gizmodo AU·12h agoCharacter.AI Files for Bankruptcy Weeks After Disney Hired Its Former CEO
The AI company is now seeking a buyer, with Disney already offering $20 million for rights to some of its assets.
Read at Gizmodo AU → - Global News Canada·15h agoCharacter.AI files for bankruptcy, will sell some assets to Disney for $20M
Chatbot platform Character.AI said on Monday it has filed for bankruptcy in the U.S. and has agreed to sell some assets for US$20 million to Walt Disney.
Read at Global News Canada →
