Disney offers $20M for Character.AI’s scandal-plagued chatbot tech
Disney may acquire tech from one of the first chatbot makers linked to child suicide.
Ars Technica1 min read
Disney
14 stories
Character.AI Files for Chapter 11 Bankruptcy and Agrees $20M Asset Sale to Disney
Character.AI, the platform that lets users create and chat with AI characters, has filed for Chapter 11 bankruptcy after five years of operation, citing assets and liabilities of between $50 million and $100 million.
The AI Insider3 min read
Character.AI Files for Bankruptcy Weeks After Disney Hired Its Former CEO
The AI company is now seeking a buyer, with Disney already offering $20 million for rights to some of its assets.
Gizmodo — AI4 min read
Epic shifts to ‘AI-accelerated development’ for upcoming Disney game
Epic Games plans to use AI to generate code and art for an unannounced Disney game, which is now delayed from its original March release window, according to a report from Bloomberg.
The Verge - AI2 min read
Character.AI files for bankruptcy
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 builds various online bots for users to chat or roleplay with, has faced mounting scrutiny and lawsuits over the safety of its…
The Verge - All Posts2 min read
Chatbot startup Character.AI files for bankruptcy, and Disney is first in line for key assets
Character.AI filed for Chapter 11 to pursue a sale, while Disney offered $20 million for a licence to certain assets.
Business Insider - AI3 min read
Character.AI files for bankruptcy as Disney bids $20m
Character.AI said it intends to keep the platform running during the sale process and will wind it down if no buyer is willing to continue operations.
Tech in Asia1 min read
Epic Games reportedly pivoting to "AI first" game development model
"No more hand-written code" or AI-free art for delayed Marvel/Star Wars shooter.
Ars Technica1 min read
Disney's new CTO tells staff he 'won't pretend it will be easy' to win in the changing media landscape
New Disney tech chief Karandeep Anand said Disney is "uniquely positioned to win" — but "won't pretend" it will be easy.
Business Insider - AI4 min read
Ynon Kreiz is the new Skydance co-CEO: Industry people say he's 'not a teddy bear,' and is 'unflappable.'
Ynon Kreiz is David Ellison's co-CEO who will run Skydance, made of the former Paramount and Warner Bros. His orders: slashing $80 billion in debt.
Business Insider - AI4 min read
Bob Chapek says he shouldn't have taken the Disney CEO job — and has some advice for Josh D'Amaro
Bob Chapek backs current top Disney executive Josh D'Amaro, saying his promotion was "appropriate," and offered some advice.
Business Insider - AI6 min read
Disney+, Vidio launch streaming bundle in Indonesia
The partnership comes as Disney has signaled plans to rebrand Disney+ Hotstar as Disney+ in Indonesia.
Tech in Asia1 min read
The Disney protests were a wake-up call about the risks of streaming mergers
There was a call to boycott Disney last fall. The owner of the ABC network had taken Jimmy Kimmel Live! off the air over comments Kimmel made about responses to Charlie Kirk's murder, sending free speech proponents into a frenzy.
Ars Technica1 min read
Disney is starting its 3rd round of layoffs under CEO Josh D'Amaro
Disney is cutting employees following its April and July downsizing under new CEO Josh D'Amaro.
Business Insider - AI2 min read
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