Big Tech

Disney to Hire Most of Character.AI's Staff After Startup's Bankruptcy

📅 Oct 19, 2026

✍️ Aamir Raza

Disney Rescues Character.AI's Team

The entertainment giant will hire at least 60 staff from the bankrupt chatbot startup.

LexxWire

From AI Star to Bankruptcy Court

Character.AI filed for Chapter 11 this week, weighed down by costs and legal exposure despite a huge user base.

LexxWire

60 Jobs Worth $60 Million

Disney offered jobs to most of the workforce, and the 'vast majority' already accepted.

LexxWire

A $20 Million Bid on the Table

Disney's stalking-horse bid covers a license to Character.AI's core IP — but a rival could still outbid it.

LexxWire

Karandeep Anand Leads the Charge

Character.AI's former CEO is now Disney's first CTO, steering the company's biggest AI push yet.

LexxWire

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