Character Technologies Inc. (Character.AI) said in an announcement late on October 12, 2026 that it has filed a voluntary Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware to pursue a sale of all or substantially all of its assets, with Disney Worldwide Services, Inc. as stalking horse bidder in a $20 million agreement. Case Filing and Court Record The case information site maintained by Stretto, Inc., the claims and noticing agent for the case, records a petition date…
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