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Companies

The latest companies stories in AI, fact-checked and explained in plain English.

  1. The Character.ai logo on a black background

    Character.AI files for Chapter 11 bankruptcy, with Disney as first bidder

    Character.AI filed for Chapter 11 bankruptcy on 12 October 2026 to sell its assets. Disney bid $20 million. The app is still online. What it means for users.

    Confirmed · Companies14 Oct 2026