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Karandeep Anand
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- 19 OctDisney hires most of Character.AI team after startup’s bankruptcy filing
Character.AI declared bankruptcy as part of a deal that allowed Disney to hire most of the startup’s staff, including former CEO Karandeep Anand, and potentially gain rights to its technology. Court filings show the move also aimed to let Character.AI resolve or contain ongoing lawsuits and regulator probes while transferring employees and assets to Disney.
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- 18 OctDisney to hire most of Character.AI workforce as startup files for bankruptcy
A legal filing shows Disney agreed to make employment offers to at least 60 Character.AI employees after the chatbot startup filed for bankruptcy and to buy some assets for $20 million. The filing says the vast majority of offered employees accepted, and Character.AI cited high costs plus potential litigation and regulatory issues as reasons for its collapse.
Deals · 1 source

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