✉news BusinessStartups first seen 1 d ago, last 21 min ago, peak #3
Disney buys Character.ai assets for $20 million in bankruptcy deal
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 assets of AI chatbot startup Character.ai as the company files for bankruptcy. The deal gives Disney ownership of the startup's technology and associated assets while marking a notable setback for a once high-profile AI company.
Why now: The deal just became public news, showing a major entertainment company absorbing a struggling AI startup at a low price.
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 21 min 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