The Canada Brief

Tech · 15 d ago

Walt Disney Studios entrance, Burbank, California

Coolcaesar · CC BY-SA 4.0 · Wikimedia Commons

Disney offers jobs to most of Character.AI's staff after the chatbot startup's bankruptcy

Employees offered jobs, at least

60 employees

Disney agreed to make offers to at least 60 Character.AI employees, the majority of its workforce, worth an estimated US$60 million a year in pay, a court filing shows.

Disney had already agreed to buy some of the startup's assets for US$20 million, and the filing says most staff offered jobs accepted.

The kind of bid

stalking horse

The bid is a stalking horse offer, so another company could still come forward with a higher one.

Background

Character.AI's former chief executive, Karandeep Anand, recently became Disney's first chief technology officer.