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Just 5 years in, interactive chatbot platform Character.AI files for bankruptcy
TechCrunch AI·October 13, 2026·1 min read
AI Summary
Character.AI, an interactive chatbot platform founded just five years ago, has filed for bankruptcy. Disney will acquire some of the company's assets for $20 million as part of the bankruptcy proceedings.
From the source
The startup will sell some of its assets to Disney for $20 million.
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