Technology

Disney agrees to hire the majority of Character.AI’s workforce

Summary

Following Character.AI's bankruptcy filing earlier this week, Disney has offered positions to most of the chatbot startup's workers. The entertainment firm previously arranged to purchase selected assets from the business for $20 million. In addition, Character.AI's former leader, Karandeep Anand, recently joined Disney as its inaugural chief technology officer.

After chatbot startup Character.AI filed for bankruptcy earlier this week, many of its employees will have the opportunity to take jobs at Disney. Character.AI’s former CEO Karandeep Anand recently became the entertainment giant’s first CTO, and the startup previously said that Disney had agreed to acquire some of its assets for $20 million. A legal […]

Source: Read the full story at TechCrunch

Follow Tech & Money Press for daily watchlists and market news

XFacebookInstagram
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.
About UsContactPrivacy PolicyDisclaimer
Not financial advice. Curated headlines link to their original publishers.