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Business, Funding & Policy · first seen 18 October 2026, 16:30 UTC
Disney to hire most of Character.AI staff after bankruptcy
A major AI chatbot startup effectively dissolving into a media giant signals consolidation and legal pressure.
After Character.AI filed for bankruptcy, Disney agreed to hire the majority of its workforce; reports put the deal near $60M with about $180M in pay and retention, and ex-CEO Karandeep Anand is now Disney's first CTO.