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Economy2:41 PM ET

Character.AI files for bankruptcy amid torrent of legal problems, agrees to sell some assets to Disney for $20M

The potential Disney deal comes roughly a year after the entertainment giant hit Character.AI with a cease and desist letter claiming it was using its iconic characters for "grooming and sexual exploitation" and "emotional manipulation."

Republican Ledger staff · 2:41 PM ET

Character.AI files for bankruptcy amid torrent of legal problems, agrees to sell some assets to Disney for $20M
The Republican Ledger

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The potential Disney deal comes roughly a year after the entertainment giant hit Character.AI with a cease and desist letter claiming it was using its iconic characters for "grooming and sexual exploitation" and "emotional manipulation."

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