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Character.AI files for Chapter 11 bankruptcy in the US, agrees to sell some assets to Disney for $20M, and plans to keep operating as it completes the sale (Rhea Rose Abraham/Reuters)

Techmeme ·
Disney is the named buyer in Character.AI’s bankruptcy sale plan.

Techmeme’s note says Character.AI filed for Chapter 11 in the US. It agreed to sell some assets to Disney for $20 million. The company plans to keep operating while the sale is completed. Techmeme's note

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