Character.AI Ch. 11 Auction With Disney Bid Moves Forward

By Ben Zigterman · October 30, 2026, 5:46 PM EDT

A Delaware bankruptcy judge Friday approved the bidding procedures for the assets of artificial intelligence-powered entertainment platform Character Technologies, including a $20 million stalking horse bid from Disney, while strongly encouraging...

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Case Information

Case Title

Character Technologies, Inc.

Case Number

1:26-bk-11603

Court

Delaware

Nature of Suit

Date Filed

October 12, 2026