Character.ai filed for Chapter 11 on October 12. Disney is the initial $20 million bidder for a nonexclusive license to some IP; the app remains online during the sale process.

Published 13 Oct 2026 · 16:32 UTC

Character.ai ↗ · Source dated 12 Oct 2026

Character.ai filed for Chapter 11 on October 12. Disney is the initial $20 million bidder for a nonexclusive license to some IP; the app remains online during the sale process. · ournews.ai