ITHome October 13 news: According to Reuters, Character.AI said on local Monday that the company has filed for bankruptcy protection in the United States,agreed to sell partial assets to Walt Disney for US$20 million (ITHome note: approximately RMB 134 million at current exchange rates)。
Character.AI said the company has officially launched the asset sale process under Chapter 11 bankruptcy proceedings, selling off part of its intellectual property. The company is applying to the court to approve auction rules that designate Disney as the lead bidder.
Meanwhile, Disney's offer will serve as the floor bid, and other bidders may still submit higher offers. Character.AI expects the asset sale to be completed in late November (11月) or early December (12月) 2026.
Character.AI will continue operating its existing business during the asset sale period, minimizing service disruption as much as possible.If no buyer willing to operate the Character.AI platform is found,，the company will gradually wind down the related business。
According to ITHome, Character.AI is a virtual character interaction and chatbot platform powered by large language models. The platform has millions of AI characters created by users or officially, covering anime/game characters, historical figures, original characters, protagonists of fictional stories, and more.