Disney to hire at least 60 Character.AI employees in a $20M asset deal
A court filing says Disney offered jobs to most of the AI startup's team after it filed for bankruptcy this week.
A chatbot company has money trouble. Disney plans to give jobs to most of its team and buy some of its things. We do not yet know what happens to the chatbot app.
60+staff offered jobs
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Why it matters
It shows how a leading chatbot start-up is changing hands. What happens to its app is not yet stated.
For most people
Skip: nothing changes for you.
The details
- Character.AI filed for bankruptcy around October 13.
- Disney agreed to buy some of its assets for $20 million.
- Disney will offer jobs to at least 60 people, the majority of the workforce.
- The filing says the vast majority who got offers accepted.
- It is a stalking horse bid, so another buyer could still bid higher.
WatchWait for news on what happens to the Character.AI app.
Receipts
One trusted outlet reports it. Not confirmed yet. Open the sources and check us.
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