Technology

Disney offers $20M for Character.AI’s scandal-plagued chatbot tech

Summary

Disney has submitted a twenty million dollar bid to acquire specific intellectual property from Character.AI during bankruptcy proceedings. The entertainment giant wants a perpetual non exclusive license for the technology behind the company's troubled chatbot platform. Additional details regarding the exact assets involved remain undisclosed by the chatbot maker.

In a bankruptcy proceeding that kicked off yesterday, Disney has offered to buy some of the technology that powers the controversy-plagued chatbot Character.AI. Disney is willing to pay $20 million for “a non-exclusive perpetual license” of certain Character Technologies intellectual property, the chatbot maker said in a press release that did not go into much further detail on which assets…

Source: Read the full story at Ars Technica - All content

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