Business & Enterprise4 min reading time
Disney agreed to pay $60 million to 66 employees from an AI startup that filed for bankruptcy, weeks after tech layoffs
Business Insider
Read the full articleDisney 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.
- Disney Hired Bankrupt Character.ai Engineers, Not Its Characters· Forbes
- Disney agrees to hire the majority of Character AI’s workforce· 5 sources
- Other AI Companies Should Be Very Afraid of What Just Happened to Character.AI, According to Its Own Bankruptcy Documents· Futurism
- Character.ai Maker Files for Chapter 11 Bankruptcy· 10 sources
