Disney Offers $20M For Character.AI Assets As Startup Files For Chapter 11 Bankruptcy Protection ...Middle East

After hiring Character.AI’s former CEO as its chief technology officer, Disney is looking to acquire assets from the 5-year-old startup as it files for Chapter 11 bankruptcy protection. The company, which allows users to create and interact with AI-generated avatars, said it made the filing in U.S. Bankruptcy Court for the District of Delaware. It […]

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