Character.AI has reportedly filed for bankruptcy, and Disney has offered 20000000 USD to acquire it in a bid.AI The companionship industry is also facing regulatory and cost pressures.
Character.ai filed for Chapter bankruptcy protection in Delaware, United States Chapter 11 and is pursuing an asset sale; a Disney subsidiary has agreed to acquire certain interests for 20000000 USD and transition services. If no buyer is found to support continued operation, the platform will gradually shut down.
