AI companion startup Character.ai files for Chapter 11 bankruptcy, citing costs and litigation
Source:
cnbc
October 13, 2026 · 08:16
From the publisher
The company said the platform became "costly to develop and grow," in Monday filings to the Delaware District bankruptcy court.
About the source
CNBC
The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…
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