Article URL: https://www.reuters.com/legal/litigation/characterai-files-bankruptcy-agrees-sell-some-assets-disney-20-million-2026-10-13/
Comments URL: https://news.ycombinator.com/item?id=50067507
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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…
Character.AI filed for Chapter 11 to pursue a sale, while Disney offered $20 million for a licence to certain assets.
The owners of Camp Mystic have proposed selling off the riverfront property as part of a bankruptcy plan, with hopes that a buyer will preserve the camp's “historic…
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