Character.AI Files Ch. 11 With $20M Sale Bid From Disney

By Rick Archer · October 13, 2026, 10:44 AM EDT

Artificial intelligence entertainment platform Character Technologies has filed for Chapter 11 protection in Delaware with more than $50 million in debt, saying it was sunk by high development costs and plans...

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Case Information

Case Title

Character Technologies, Inc.

Case Number

1:26-bk-11603

Court

Delaware

Nature of Suit

Date Filed

October 12, 2026