Disney has agreed to acquire certain assets from the chatbot startup Character.AI for $20 million, following the latter's bankruptcy filing. As part of the deal, a significant portion of Character.AI's workforce will transition to employment with the entertainment giant.
This move comes as Karandeep Anand, the former CEO of Character.AI, recently took on the role of Disney's first Chief Technology Officer. The acquisition and subsequent hiring suggest Disney's strategic interest in leveraging Character.AI's technology and talent to bolster its own technological capabilities, potentially in areas related to AI-driven content creation or user engagement.
Disney Acquires Character.AI Assets, Hires Majority of Staff
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