Corroborated event · 6 outlets
Character.AI filed for bankruptcy and is selling some of its assets to Disney for $20 million, and the platform will shut down if no buyer emerges.
AI brief
Character.AI, an interactive chatbot platform, has filed for bankruptcy five years after launching. The startup will sell some of its assets to Disney for $20 million.
Written by AI from TechCrunch AI's published text. Read the original for full details.
More coverage of this story (5)
Character.AI files for bankruptcy and plans to sell assets to Disney
Character.AI files for bankruptcy — what happens to your chats and AI companions now?
Tom's Guide AI · 14 Oct 2026, 09:15
Disney offers $20M for Character.AI’s scandal-plagued chatbot tech
Ars Technica AI · 13 Oct 2026, 18:23
Character.ai will shut down if no buyer emerges, capping a fall from $2.7 billion Google deal to bankruptcy
The Decoder · 13 Oct 2026, 15:27
Character.AI just filed for bankruptcy, and former foe Disney may buy it for parts
Engadget AI · 13 Oct 2026, 13:30
Character.AI files for bankruptcy
The Verge AI · 13 Oct 2026, 10:32
Primary source
Reporting from a publisher outside the organisation being covered.
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