Disney to hire most of Character.AI’s workforce after startup’s bankruptcy
In brief
- Disney acquires Character.AI’s assets for $20 million after its bankruptcy filing.
- Majority of Character.AI’s employees will join Disney’s workforce.
- Karandeep Anand, ex-CEO of Character.AI, becomes Disney’s first CTO.
Disney has agreed to acquire some of Character.AI’s assets for $20 million and will hire most of its employees after the chatbot startup filed for bankruptcy. Former Character.AI CEO Karandeep Anand has been appointed Disney’s first CTO.
What it changes for you
- Media & EntertainmentEntertainment studios are bolstering their AI teams with targeted acquisitions of generative AI startups.
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