Report

Character.AI files for Chapter 11 and agrees to grant Disney a $20 million IP license

Neowin reports the license is non-exclusive and the platform will shut down if no buyer steps forward to maintain operations.

2 Sources, 1h ago, first seen 1h ago

TLDR

Neowin reports Character.AI agreed to grant Disney a $20 million non-exclusive IP license as part of its Chapter 11 filing. The platform will shut down if no buyer steps forward to maintain operations.

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2 Sources, first seen 1h ago

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