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Beep@feddit.online to Technology@lemmy.worldEnglish · 23 hours ago

Character.ai has initiated voluntary Chapter 11 bankruptcy

blog.character.ai

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Character.ai has initiated voluntary Chapter 11 bankruptcy

blog.character.ai

Beep@feddit.online to Technology@lemmy.worldEnglish · 23 hours ago
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An Update on Character.ai
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Today, we’re sharing that Character.ai has initiated a voluntary Chapter 11 bankruptcy process to facilitate a court-supervised sale of the company.  Over the past year, we’ve taken meaningful steps to sustain and improve our business amid significant legal, regulatory, and operational headwinds. After a comprehensive review

cross-posted from: https://feddit.online/c/[email protected]/p/2026105/character-ai-has-initiated-voluntary-chapter-11-bankruptcy

  • Clay_pidgin@sh.itjust.works
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    21 hours ago

    And I’m sure they’ll sell their users’ private conversations to the next AI scum.

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