AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan Nilekani29m ago Broadcom CEO Likens Many AI Investors to Casino Gamblers30m ago Meta Unveils New Series of Advanced A.I. Models41m ago AI labs are fueling a wild market for your Slack DMs48m ago Naboo rebrands and says its AI cuts corporate event costs by 12%58m ago Raye hits back at ticket touts who 'overwhelmed' sign-up for Albert Hall show59m ago Orbital Data Centers Risk Becoming Military Targets in Space1h ago Atlassian does not use Chinese AI models in production, its CEO says1h ago Startup Releases 50-Billion-Parameter Physical General Foundation Model For Instant Robot Intelligence1h ago Alibaba Unveils $450 AI Glasses in Expanding Push Into Gadgets1h ago AI godfather Geoffrey Hinton: ‘We’re creating alien beings. I’m willing to be selfish and choose humans’1h ago Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers1h ago SpaceX agrees to testify to NYC Council about AI safety after receiving subpoena1h ago 2 caught cheating using AI glasses during college entrance exams in Seoul1h ago

AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan Nilekani29m ago Broadcom CEO Likens Many AI Investors to Casino Gamblers30m ago Meta Unveils New Series of Advanced A.I. Models41m ago AI labs are fueling a wild market for your Slack DMs48m ago Naboo rebrands and says its AI cuts corporate event costs by 12%58m ago Raye hits back at ticket touts who 'overwhelmed' sign-up for Albert Hall show59m ago Orbital Data Centers Risk Becoming Military Targets in Space1h ago Atlassian does not use Chinese AI models in production, its CEO says1h ago Startup Releases 50-Billion-Parameter Physical General Foundation Model For Instant Robot Intelligence1h ago Alibaba Unveils $450 AI Glasses in Expanding Push Into Gadgets1h ago AI godfather Geoffrey Hinton: ‘We’re creating alien beings. I’m willing to be selfish and choose humans’1h ago Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers1h ago SpaceX agrees to testify to NYC Council about AI safety after receiving subpoena1h ago 2 caught cheating using AI glasses during college entrance exams in Seoul1h ago

Business & Enterprise Public Sector2 min reading time

Character.AI files for bankruptcy as Disney bids $20M for some assets

Covered by 3 sourcesPublished 2 hours ago

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Character.AI filed for Chapter 11 bankruptcy and arranged for Disney to bid $20 million for some of its intellectual property and legal claims, with the sale expected to close by late 2026. Disney also hired former Character.AI staff to maintain platform safety amid ongoing legal challenges faced by the company.

Covered by 3 sources

#bankruptcy-proceedings #character-ai #disney #karandeep-anand

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