After chatbot startup Character.AI filed for bankruptcy earlier this week, many of its employees will have the opportUnity to take jobs at Disney. Character.AI’s former CEO Karandeep Anand recently became the Entertainment giant’s first CTO, and the startup previously said that Disney had agreed to acquire some of its assets for $20 million. A legal […]
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Disney to hire majority of Character.AI staff after startup's bankruptcy
Character.AI filed for bankruptcy, and Disney has agreed to hire most of the startup's workforce. The companies had earlier arranged for Disney to acquire some Character.AI assets for $20 million, and Character.AI's former CEO Karandeep Anand recently became Disney's first CTO. The report also references a legal matter that is not detailed in the supplied text.
It signals a notable consolidation in the consumer AI chatbot space, with a major entertainment company absorbing Character.AI's talent and assets after its bankruptcy.
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