✉news BusinessStartups first seen 1 d ago, last 1 h ago, peak #3
Disney buys Character.ai assets for $20 million amid bankruptcy
Original: Disney strikes $20-million deal for Character.ai’s assets as AI startup files for bankruptcy
Disney has agreed to pay $20 million for the assets of Character.ai, an AI chatbot startup, as the company files for bankruptcy. The deal means Disney acquires the startup's technology and character-related assets while Character.ai winds down its operations. The transaction ties one of the entertainment industry's biggest brands to a troubled generative AI venture.
Why now: The unexpected combination of a major bankruptcy and Disney's relatively low-cost purchase of AI assets is drawing wide attention.
Rank over time, top of the chart is #1. 21 snapshots from 1 d ago to 1 h ago.
Evidence
- Disney strikes $20-million deal for Character.ai’s assets as AI startup files for bankruptcy · Los Angeles Times
API: https://socialmediatrends-api.osmike.com/v1/trends/2161416