Disney to hire most of Character.AI staff after startup's bankruptcy filing
Character.AI, the chatbot startup that filed for bankruptcy this week, has arranged for Disney to hire the majority of its workforce. The move follows Disney's earlier agreement to acquire some of Character.AI's assets for $20 million, and comes after former Character.AI CEO Karandeep Anand took on the role of Disney's first chief technology officer.
GoKawiil's interpretation of the reporting above, not reported fact.
The deal suggests Disney sees value in absorbing AI talent and technology even as the originating startup collapses financially, potentially accelerating the company's own AI ambitions under its new CTO. It also illustrates how bankruptcy proceedings in the AI sector can serve as a mechanism for larger companies to acquire specialized teams and assets at a discount rather than building capabilities from scratch.
- Character.AI filed for bankruptcy this week
- Disney previously agreed to acquire some Character.AI assets for $20 million
- Former Character.AI CEO Karandeep Anand is now Disney's first CTO
Source: techcrunch.com, 2026-10-18
Published there as: “Disney agrees to hire the majority of Character.AI’s workforce”
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