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.
5 stories
Character.AI filed for Chapter 11 to pursue a sale, while Disney offered $20 million for a licence to certain assets.
New Disney tech chief Karandeep Anand said Disney is "uniquely positioned to win" — but "won't pretend" it will be easy.
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.
Bob Chapek backs current top Disney executive Josh D'Amaro, saying his promotion was "appropriate," and offered some advice.
Disney is cutting employees following its April and July downsizing under new CEO Josh D'Amaro.
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