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

Character.AI users reported loading, login and connection problems across several countries, as the AI chatbot company continues bankruptcy proceedings involving a proposed Disney-backed asset sale.

The entertainment giant, which recently hired the AI firm's former CEO, is the stalking horse bidder in the proceeding for certain assets.

Character.AI's collapse uncovers a little-discussed risk of AI: when tech companies go bankrupt, they can sell your private ...

Disney poached the CEO of Character.ai last month for a new chief technology officer role - and now, a month later, many of ...

Character.AI, which lets users create custom chatbots for immersive roleplaying, has filed for Chapter 11 bankruptcy following a string of legal challenges and the loss of top talent.

Move fast, break things, break people, break yourself. The post We Investigated Character.AI and Found a Horror Show. Now ...

Disney has agreed to offer jobs to at least 60 employees of chatbot startup Character.AI, with the combined annual salaries ...

In a bankruptcy proceeding that kicked off yesterday, Disney has offered to buy some of the technology that powers the controversy-plagued chatbot Character.AI. Disney is willing to pay $20 million ...

Character.AI’s bankruptcy filing reveals how AI costs can overwhelm revenue, despite the platform having millions of active monthly users and growing ad sales.

A reporter posed as a suicidal 14-year-old girl on the Character app. It took just five minutes to suggest methods to end her ...