Disney Agrees to Hire Majority of Character.AI Workforce

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Disney has agreed to hire most of Character.AI’s workforce after the chatbot company filed for bankruptcy. Karandeep Anand, former CEO of Character.AI, has now joined Disney as its first CTO. The company also announced a $20 million acquisition of certain Character.AI assets. With Disney’s move, liquidity in crypto markets remains under close watch, particularly amid ongoing CFT (Countering the Financing of Terrorism) regulations impacting digital asset transactions.
ME AI message: After the chatbot startup Character.AI filed for bankruptcy earlier this week, many of its employees will have the opportunity to take jobs at Disney. Character.AI’s former CEO, Karandeep Anand, recently became the entertainment giant’s first CTO, and the startup previously stated that Disney had agreed to acquire some of its assets for $20 million. A legal […] (Source: MLion)
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