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Bankruptcy3 min read

Chatbot startup Character.AI files for bankruptcy, and Disney is first in line for key assets

Character.AI filed for Chapter 11 to pursue a sale, while Disney offered $20 million for a licence to certain assets.

By Thibault SpirletBusiness Insider - AI
Chatbot startup Character.AI files for bankruptcy, and Disney is first in line for key assets

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Originally published by Business Insider - AI on Oct 13, 2026.

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