Tuesday, 13 October 2026 Updated 34 min ago
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Character.AI files for bankruptcy

Character.AI, one of the first breakout startups of the generative AI boom, has filed for bankruptcy and is selling some of its assets to Disney.

Image accompanying the story: Character.AI files for bankruptcy
Image: The Verge · via The Verge

The Verge reports: Character.AI, one of the first breakout startups of the generative AI boom, has filed for bankruptcy and is selling some of its assets to Disney.

The company, which builds various online bots for users to chat or roleplay with, has faced mounting scrutiny and lawsuits over the safety of its chatbots, but has continued releasing.

This technology story centres on the United States. Names and organisations mentioned in the coverage include AI and Disney.

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Key details

Location
United States · Americas
Reported by
The Verge
First reported
Key names
AI, Disney
Section
Technology

Sources

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Read the full story at The Verge

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