Disney agreed to pay $60 million to 66 employees from an AI startup that filed for bankruptcy, weeks after tech layoffs

Business InsiderPublished 47 minutes ago

Disney is committing $60 million annually to hire 66 employees from the bankrupt AI startup Character.AI, shortly after laying off its own tech staff. This move aligns with Disney CEO Josh D'Amaro's strategy to boost the company's tech capabilities and stock performance.

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Disney agreed to pay $60 million to 66 employees from an AI startup that filed for bankruptcy, weeks after tech layoffs

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