https://blog.lexx.in/tags/bankruptcy/Recent content in Bankruptcy on LexxWire — US Tech & AI News DailyHugoen-usTue, 13 Oct 2026 14:31:04 -0400https://blog.lexx.in/webstories/character-ai-bankruptcy-disney-20m-bid-webstory/Tue, 13 Oct 2026 14:31:04 -0400https://blog.lexx.in/webstories/character-ai-bankruptcy-disney-20m-bid-webstory/The AI chatbot startup behind Character.AI has filed for Chapter 11 bankruptcy. Disney is the lead bidder with a $20 million offer for its AI technology and assets.https://blog.lexx.in/news/character-ai-bankruptcy-disney-20-million-bid-oct-2026/Tue, 13 Oct 2026 13:05:00 -0400https://blog.lexx.in/news/character-ai-bankruptcy-disney-20-million-bid-oct-2026/Character.ai filed for Chapter 11 protection and named Disney as lead bidder for its assets with a $20 million offer, falling from a $1 billion valuation.