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regulation

Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources

DecryptOctober 13, 2026 · 9:34 PM2 min read
Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources

The chatbot app once valued at $1 billion is up for sale in a Delaware court, two weeks after launching new models. If nobody buys it, it shuts down.

Originally published on Decrypt

The chatbot app once valued at $1 billion is up for sale in a Delaware court, two weeks after launching new models. If nobody buys it, it shuts down.

Read the full article on Decrypt →

#decrypt
#regulation

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