Character.AI files for bankruptcy, agrees to sell some assets for $20 million

·2h ago
Share:PostShare

Oct 12 : Character.AI said on Monday it had filed for Chapter 11 bankruptcy in the US and agreed to sell some of its assets to Walt Disney for $20 million. Here are some details about the bankruptcy and sale proceedings:• Character.AI said it has begun the formal process to sell assets, including a l

C

Channel Newsasia

Original source

Read full story

Related Stories

Business2h ago

CSG enters space sector as largest shareholder in Canada's MDA Space

Oct 13 : Czech arms maker CSG said on Tuesday it had acquired a 9.5 per cent stake in Canada's MDA Space, becoming the satellite and space technology company's largest shareholder.CSG said the investment was its first venture into the space sector and could lead to further cooperation, including joint investm

CChannel Newsasia
Business2h ago

88.6% of Japan households expect prices to rise a year from now, BOJ says

TOKYO: The ratio of Japanese households expecting prices to rise a year from now hit 88.6 per cent in September, a quarterly Bank of Japan survey showed on Tuesday, down from 90.4 per cent in the previous survey. The survey also showed 86.5 per cent of respondents expect prices to rise five years from now

CChannel Newsasia

Headlines and briefs on this site are for information only. Always verify details on the original source or live status page.

Read Disclaimer