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- Oct 13, 2026Oct 13, 2026Acquired for $20M TechCrunch
- Oct 13, 2026Oct 13, 2026Character.AI Files Chapter 11, Sells Assets To Disney For $20M Pulse story
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Oct 13, 2026 | acquisition | $20M | — | TechCrunch |
Latest Pulse
- Oct 13, 2026Character.AI's Bankruptcy Filing Shows $8-9M Monthly BurnA CEO affidavit filed in Character.AI's Chapter 11 case shows the company burning $8 million to $9 million a month as of August, and describes Disney's much-reported $20 million as a licensing offer, not a confirmed asset sale.→
- Oct 13, 2026Character.AI Files Chapter 11, Sells Assets To Disney For $20MCharacter.AI filed for Chapter 11 bankruptcy five years after launch, with Disney agreeing to buy some of its assets for $20 million as the AI chatbot platform winds down under legal and safety pressure.→
- Sep 10, 2026Instinct Eyes $1B Raise As Compute Costs BitePersonal AI assistant Instinct is in talks to raise as much as $1 billion at a valuation up to $10 billion, weeks after its last round, as compute costs strain its free-to-use product.→
- Aug 27, 2026Korean AI Startup Wrtn Raises Series C at $870MWrtn Technologies, a Seoul-based AI entertainment and companion-app startup, raised roughly $72 million in a Series C round that values the company north of $870 million, the first Korean AI service startup to cross that mark.→
- Aug 20, 2026Nvidia Pays $6B to License Poolside's Coding AINvidia agreed to pay $6B to non-exclusively license Poolside's code-generation models and invest $1B at a $12B valuation, while extending job offers to roughly 109 Poolside employees.→
- Aug 2, 2026Two AI Transparency Laws Go Live the Same DayCalifornia's AI Transparency Act and the EU AI Act's high-risk-system obligations become enforceable simultaneously, forcing frontier labs to prove content provenance instead of promising future compliance.→
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AI
Character.AI's Bankruptcy Filing Shows $8-9M Monthly Burn
A CEO affidavit filed in Character.AI's Chapter 11 case shows the company burning $8 million to $9 million a month as of August, and describes Disney's much-reported $20 million as a licensing offer, not a confirmed asset sale.
FOLLOW-UP
Character.AI Files Chapter 11, Sells Assets To Disney For $20M
AI$20M Disney Deal
Character.AI Files Chapter 11, Sells Assets To Disney For $20M
Character.AI filed for Chapter 11 bankruptcy five years after launch, with Disney agreeing to buy some of its assets for $20 million as the AI chatbot platform winds down under legal and safety pressure.
DEEP DIVE
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Where these figures come from
- TechCrunchmajor outlet1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.