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Character.AI files for bankruptcy, agrees to sell some assets to Disney for $20 million

Written By: TDG Syndication
Last Updated: October 13, 2026 10:15:12 IST

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

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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