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Disney Hires Character.AI Team in $180M Deal
đ amazon.com âĸ Verified on 2026-10-19
Disney absorbs over 60 Character.AI engineers in a $180M deal and bids $20M for IP as the chatbot startup files Chapter 11 bankruptcy. Full 2026 analysis.
Overview & Editorial Assessment
Once valued at $1 billion, generative AI pioneer Character.AI has filed for Chapter 11 bankruptcy. Entertainment giant Disney is stepping in with a $180M compensation package to absorb over 60 core engineers and submitting a $20M baseline bid for key IP licenses.
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