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Milk is more regulated than AI, Microsoft’s Brad Smith tells the BBC16m ago Aramco Digital teams up with OrbitronAI to build AI for heavy industry17m ago Amazon in talks to buy Decart for about $7bn, WSJ reports27m ago AI labs sought control over what outside evaluators publish, Reuters says33m ago As a pediatrician, loss of human connection is the biggest threat to kids, not AI35m ago Fifth Wall’s Brendan Wallace On Why The Best Proptech Bets May Not Look Like Proptech36m ago Will the HomeView be Apple’s first smart home success?49m ago When are safe Pareto improvements individually rational?52m ago ChatGPT leans on news sites more than any other AI platform, Semrush finds53m ago Behind AI industry's call for independent reviews, a fight over what gets made public1h ago Character.AI files for bankruptcy1h ago Alibaba starts selling its Qwen N1 AI glasses in China from $4501h ago When AI Says It Is Compliant, What Exactly Does It Know?1h ago Why You Should Be Careful What You Share With AI And How To Protect Your Privacy1h ago

Business & Enterprise Society & Culture3 min reading time

Character.AI files for bankruptcy

Covered by 5 sourcesPublished 1 hour ago

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Character.AI, a notable generative AI startup, filed for Chapter 11 bankruptcy citing legal and operational challenges, and is selling assets to Disney for $20 million. Disney will also hire some of Character.AI's technical team and former CEO Karandeep Anand as CTO.

Covered by 5 sources

#character-ai #disney #karandeep-anand #startup-funding

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