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Character.ai

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Apple requires 18+ rating for dating and AI companion apps starting November 16

Apple told developers it will require apps offering dating, romantic relationship features, or AI companions with sexual or romantic content to carry an 18+ age rating. Starting November 16, developers must add content descriptors so app ratings reflect these features, and apps sharing users' real-world locations with others must also disclose that functionality. Apple noted Brazilian apps offering family location-sharing can seek a special rating from the government instead of the standard A16 label.

Character.AI Files for Chapter 11 Bankruptcy Amid Ongoing Wrongful-Death Lawsuit

Chatbot startup Character.AI has filed for Chapter 11 bankruptcy protection, nearly two years after a Florida mother sued the company, its founders and Google, alleging its chatbots contributed to her 14-year-old son's suicide. The platform, once valued at over $1 billion with backing from investors including a16z, had drawn scrutiny for hosting chatbots centered on suicide themes and offering weak safeguards for young users.

Disney hires most of Character.AI staff via bankruptcy-linked deal, sidesteps lawsuits

Character.AI filed for bankruptcy this week in a move court filings show was structured to let Disney hire the bulk of its staff, including former CEO Karandeep Anand, and gain access to much of its technology. The remaining shell of Character.AI retains responsibility for ongoing lawsuits and regulatory investigations into the safety of its chatbots. Character.AI's new CEO said the bankruptcy aimed to reach a 'consensual resolution' with injury claimants and investigating states while maximizing value for shareholders.

Character.AI bankruptcy tied to deal letting Disney hire staff, license tech

Character.AI filed for bankruptcy this week as part of an arrangement in which Disney hires most of its staff, including former CEO Karandeep Anand, and gains access to much of its technology. Court filings show Character.AI's new CEO said the bankruptcy aims to reach a consensual settlement with injury claimants and state investigators while maximizing asset value for shareholders. A legal motion states Disney required the deal be completed through bankruptcy because of the startup's shrinking cash reserves.

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.

Character.AI files for Chapter 11 bankruptcy amid mounting losses

Character.AI has filed for Chapter 11 bankruptcy protection, according to court documents reviewed by 404 Media. The filings show the company spent $56.1 million on compute costs and $19.7 million on salaries between January and August, while monthly revenue grew only from $2.8 million to $5.3 million and operating losses ran $8-9 million per month. CEO Colin Adams acknowledged the company's technology was expensive to run and that it struggled to turn a profit.

40 state AGs flag data risks in Character.AI's Chapter 11 sale to Disney

New York AG Letitia James and a bipartisan coalition of roughly 40 state attorneys general filed a notice in Character.AI's bankruptcy case, warning that any sale or transfer of its assets must address consumer protection and privacy concerns. Character.AI filed for Chapter 11 this week and is selling some assets to Disney. The filing discloses that several states had been investigating the company since 2024 over child safety and privacy issues, following a lawsuit tied to a 14-year-old's suicide after interacting with the chatbot.

Character.AI files for Chapter 11, Disney offers $20M stalking-horse bid for assets

Character.AI has filed for Chapter 11 bankruptcy in Delaware and plans to sell most of its assets, with Disney named as a 'stalking-horse bidder' offering $20 million for select intellectual property and claims, subject to higher competing offers. The AI chatbot platform will keep operating during the process, which Character.AI says it hopes to conclude by late November or early December.

Disney bids $20M for Character.AI tech license in bankruptcy sale

Character Technologies, maker of the chatbot Character.AI, disclosed in bankruptcy filings that Disney has offered $20 million for a non-exclusive, perpetual license to some of its intellectual property. The press release did not specify which assets Disney wants to license.

Character.ai files for Chapter 11 bankruptcy protection

Character.ai, the platform that lets users chat with AI avatars modeled on fictional characters and real public figures, has filed for Chapter 11 bankruptcy. The company had faced scrutiny over the platform's impact on teen mental health.

Character.ai files for Chapter 11 bankruptcy amid lawsuits and rising costs

AI companion app maker Character.ai filed for Chapter 11 bankruptcy protection in Delaware, saying the platform had become too expensive to develop while facing litigation and regulatory pressure. CEO Colin Adams said a court-supervised sale offers the best chance to maximize value for stakeholders, and Disney has agreed to act as a stalking horse bidder, offering $20 million to license some of the company's intellectual property.

Character.AI files for bankruptcy, seeks buyer as Disney bids $20M for assets

Character.AI has filed for bankruptcy protection and is now seeking a buyer for the company. Disney has reportedly offered $20 million for rights to some of Character.AI's assets, coming weeks after Disney hired the startup's former CEO.