Character.AI Files for Bankruptcy, Sells Assets to Disney for $20M
menhguin · x · 2026-10-20
Character.AI has filed for bankruptcy and agreed to sell some assets to Disney for $20 million, per Unusual Whales.
The poster quips that mass entertainment's future is either infinite on-demand AI skinner boxes, or 2010s-and-earlier characters resurrected forever for an aging demographic reliving their youth — calling it an insanely brilliant move by Disney.
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