Disney agrees to hire the majority of Character.AI’s workforce
After chatbot startup Character.AI filed for bankruptcy earlier this week, many of its employees will have the opportunity to take jobs at Disney.
TL;DR
- Disney is acquiring assets from the bankrupt chatbot startup Character.AI for $20 million.
- Disney will offer jobs to at least 60 Character.AI employees, the majority of its workforce.
- The offers include an estimated $60 million in annual compensation.
- Character.AI cited high costs and potential litigation as reasons for its bankruptcy.
- The company faced lawsuits and government investigations related to child safety.