Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million
Oct 12 (Reuters) — Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. The AI entertainment platform said it intends to continue operating as it completes the sale. (Reporting by Rhea Rose Abraham in Bengaluru; Editing by Rashmi Aich) ((rhearose.abraham@thomsonreuters.com)
AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. The AI entertainment platform said it intends to continue operating as it completes the sale. com)