Character.ai will shut down if no buyer emerges, capping a fall from $2.7 billion Google deal to bankruptcy
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Character.ai, founded by former Google researchers, has filed for bankruptcy and will shut down if no buyer is found by the end of 2026. The AI chatbot platform, which once served over 20 million users and was valued at $2.7 billion in a Google deal, now faces lawsuits related to harm to minors and operational challenges.
From the source
Character.ai has filed for bankruptcy and is looking for a buyer. If none steps up, the platform shuts down. Founded by ex-Google researchers, the company once had over 20 million users but is now battling lawsuits over harm to minors and operational problems. The sale should close by the end of 2026. The article Character.ai will shut down if no buyer emerges, capping a fall from $2.7 billion Google deal to bankruptcy appeared first on The Decoder.
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