Character.ai Files for Chapter 11 Bankruptcy
The AI chatbot startup plans to pursue a court-supervised sale by year-end amid legal, regulatory and operational pressures. Disney has emerged as a potential bidder, agreeing to p…
WASHINGTON (dpa-AFX) - Artificial intelligence chatbot startup Character.ai has filed for Chapter 11 bankruptcy and plans to pursue a court-supervised sale by the end of the year as it faces mounting legal, regulatory and operational pressures.Disney has emerged as a potential bidder, agreeing to p…