Thursday, 15 October 2026 Newsarchy UK live index
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Chapter 11

Character.ai files for bankruptcy as Disney makes $20 million asset bid

Character.ai files for bankruptcy as Disney makes $20 million asset bid

Character.ai has filed for Chapter 11 bankruptcy protection in Delaware, naming Disney as a $20 million stalking horse bidder for its intellectual property.

Business ·13 Oct 2026, 19:06 ·Maeve Turner 4 min read