Disney strikes $20-million deal for Character.ai’s assets as AI startup files for bankruptcy
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By Queenie Wong, Los Angeles Times
Character.ai, a California startup that has faced lawsuits over allegations that chatbots created on its platform harmed the mental health of teens and led to copyright issues, filed for Chapter 11 bankruptcy.
The Menlo Park-based company runs an app that allows people to create and interact with chatbots who mimic celebrities, historical figures or other virtual characters. Founded nearly five years ago by former Google engineers, the company reached a valuati
Character.ai, a California startup that has faced lawsuits over allegations that chatbots created on its platform harmed the mental health of teens and led to copyright issues, filed for Chapter 11 bankruptcy.
The Menlo Park-based company runs an app that allows people to create and interact with chatbots who mimic celebrities, historical figures or other virtual characters. Founded nearly five years ago by former Google engineers, the company reached a valuati
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