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Disney Agrees to Hire Most of Character.AI’s Workforce After Bankruptcy

Disney agrees to hire the majority of Character.AI’s workforce

Disney agrees to hire the majority of Character.AI’s workforce

TechCrunch

What changed

Disney has agreed to hire most of Character.AI’s workforce after the chatbot startup filed for bankruptcy earlier this week. Karandeep Anand, Character.AI’s former CEO, has already become Disney’s first CTO.

Why it matters

Character.AI’s collapse is becoming a workforce transfer, not simply a startup shutdown. Disney gets access to much of the team behind the chatbot company, while many Character.AI employees get a route into a much larger entertainment business.

The deal also puts Anand’s new role in sharper focus. His appointment as Disney’s first CTO, followed by the hiring arrangement, suggests Disney is building a more direct technology presence around people who came from Character.AI.

The practical details are still unclear: the number of employees involved, their roles, employment terms, timing and what happens to Character.AI’s remaining assets have not been provided. Those details will determine whether this is mainly a talent rescue, a technology acquisition in everything but name, or both.

Sources (1)
  1. TechCrunchDisney agrees to hire the majority of Character.AI’s workforce

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