Wired · Maddy Varner ·

Character.AI's Chapter 11 court filings indicate a two-part deal with Disney to transfer talent and tech, shielding Disney from Character.AI's legal liabilities

The entertainment giant hopes to get trust and safety tech, among other IP, from a startup whose chatbots dozens …

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Character.AI's Chapter 11 court filings indicate a two-part deal with Disney to transfer talent and tech, shielding Disney from Character.AI's legal liabilities

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Wired — Character.AI's Chapter 11 court filings indicate a two-part deal with Disney to transfer talent and tech, shielding Disney from Character.AI's legal liabilities ↗

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Oct 19Oct 20

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Reuters: Character.AI files for Chapter 11 bankruptcy in the US, agrees to sell some assets to Disney for $20M, and plans to keep operating as it completes the sale

Bloomberg: Filing: Disney agreed to hire 60+ staff from Character.AI and pay them ~$180M over three years, plus $30M for retention awards; a bankruptcy judge must approve

Variety: Disney hires former Character.AI CEO Karandeep Anand as its first CTO; about a year ago, Disney accused Character.AI of infringing its copyrights

Los Angeles Times: Google approached Disney, Universal, and other studios to license characters and films for its AI tools, but legal and union concerns stalled deals

Wall Street Journal: A bankruptcy court delays Google's $10M purchase of Spirit Airlines' data after former flight attendants objected, seeking assurance their info would be removed

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