Character.AI files for Chapter 11 as Disney bids $20 million for its IP license
Original title (Chinese)
巅峰估值 50 亿美元的 AI 独角兽，何以不到 0.1 折贱卖
AISummary
Character.AI filed for Chapter 11 bankruptcy on October 12 in Delaware, opening a court-supervised asset auction.
Disney has agreed to a $20 million stalking horse bid for a non-exclusive perpetual license to part of its intellectual property and related technical transition services, but the company, app, and user assets are excluded.
The platform will keep running during the sale, expected to close in late November or early December, and would shut down if no buyer takes it over.
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Source: GeekPark · geekpark.netPublished · added here