Tech article
Just 5 years in, interactive chatbot platform Character.AI files for bankruptcy
Publisher description: The startup will sell some of its assets to Disney for $20 million.
TechCrunch | Oct 13, 2026 | Ivan Mehta
Automated excerpt
The company said Disney will provide transition services via former Character. AI employees who joined the entertainment giant last month alongside its former CEO Karandeep Singh Anand. Character. AI has had a tumultuous five years. Character. AI’s traction didn’t slow, however, with its platform recording 20 million monthly active users by October of that year.
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