Character.AI files for bankruptcy

Character.AI, 1 of the archetypal breakout startups of the generative AI boom, has filed for bankruptcy and is selling immoderate of its assets to Disney. The company, which builds assorted online bots for users to chat oregon roleplay with, has faced mounting scrutiny and lawsuits implicit the safety of its chatbots, but has continued releasing updates and products successful caller months.

In a press release and blog post published Monday, Character said it had filed for Chapter 11 bankruptcy extortion successful the US to facilitate the merchantability of the institution and its assets. "Over the past year, we've taken meaningful steps to prolong and amended our concern amid signific …

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