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

Economic Times - Oct 13, 2026

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 said it intends to continue operating as it completes the sale.

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Delhi Traffic Advisory: Diversions Likely At 22 Key Junctions On October 13. Check Details
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'Irresponsible Message': Kerala Congress Fires Staffer Over Deleted CJI 'Resign Now' Post
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BJP Alleges Rahul Gandhi Knocked Pregnant Journalist To Ground During SIR Protest, Hospitalised
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'Stay Tuned For What Comes Next': US Envoy On India-US Ties After PM Modi-Trump Call
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Rahul Gandhi Invites MPs, Activists, Student Groups For Tea Amid 'Vote Chori' Protest
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Saudi Crown Prince 'Moving Between Guarded Palaces' As Houthis Step Up Attacks: Report
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Trump administration plans to move AI testing agency officials to White House: The Information
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UK given access to safety-test latest AI models, minister says
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Dating app Bumble in advanced talks to go private at $1 billion valuation, source says
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