Character.AI filed for Chapter 11 this week. Disney's offer is a stalking horse bid, so a higher bidder could still appear before the sale is approved.
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The Walt Disney Company
The Walt Disney Company is an organisation working in artificial intelligence, founded in 1923 and based in Burbank, United States. This page collects every Aivio News story about The Walt Disney Company, together with its models and recorded benchmark results.
- Founded
- 1923
- Headquarters
- Burbank, United States
- Official website
- thewaltdisneycompany.com
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Character.AI has filed for Chapter 11, and Disney's $20m bid buys a licence rather than the company
The company Google paid $2.7bn to license in 2024 now lists assets and liabilities of $50m to $100m, and says the platform will be wound down if no buyer keeps it running.