“We hope that the sale process will yield an actionable proposal that will allow continued operations of the Character.ai platform. If such a bid is unavailable, however, the platform will be wound down.”

Character.AI blog · Oct 12 · Character.AI bankruptcy documents expose unsustainable AI economics as Disney scoops up assets and staff

“Character.ai's CEO Karandeep Anand is joining Disney in a newly created role as Senior Executive Vice President and Chief Technology Officer.”

Hacker News · Oct 12 · Character.AI bankruptcy documents expose unsustainable AI economics as Disney scoops up assets and staff