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moves money Ars Technica October 13, 2026

Disney offers $20M for Character.AI’s scandal-plagued chatbot tech

Disney offers $20M for Character.AI’s scandal-plagued chatbot tech
AI Summary

In a bankruptcy proceeding that kicked off yesterday, Disney has offered to buy some of the technology that powers the controversy-plagued chatbot Character.AI. Disney is willing to pay $20 million for “a non-exclusive perpetual license” of certain Character Technologies intellectual property, the chatbot maker said in a press release that did not go into much further detail on which assets Disney wanted. In September 2025, Disney joined others in publicly criticizing

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