Business

AI Startup Character.ai Files for Bankruptcy

Updated 2026-10-13 15:25 UTC 1 source Negative

AI companion startup Character.ai has filed for Chapter 11 bankruptcy, citing high development and litigation costs. The company stated the platform became too costly to grow.

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CNBC
The company said the platform became "costly to develop and grow," in Monday filings to the Delaware District bankruptcy court.
2026-10-13 15:16 UTC
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