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Character.ai Files for Bankruptcy, Stays Online During Case

By Drooid · Oct 13, 2026, 11:24 PM UTC · How we work

Summary

Story summary

Character.ai filed for bankruptcy in court on Tuesday.
Disney reportedly offered Character.ai $20 million to license Disney IP after a cease-and-desist.
CEO Colin Adams said compute costs were $13.8 million per month in 2024 and $10 million in 2025.
The platform remains operational during bankruptcy, allowing users continued access while the company seeks a path forward.

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Story summary

Character.ai filed for bankruptcy in court on Tuesday.
Disney reportedly offered Character.ai $20 million to license Disney IP after a cease-and-desist.
CEO Colin Adams said compute costs were $13.8 million per month in 2024 and $10 million in 2025.
The platform remains operational during bankruptcy, allowing users continued access while the company seeks a path forward.