AIBloomberg1h ago
Filing: Disney agreed to hire 60+ staff from Character.AI and pay them
Filing: Disney agreed to hire 60+ staff from Character.AI and pay them ~$180M over three years, plus $30M for retention awards; a bankruptcy judge must approve
TL;DRDisney is hiring 60+ Character.AI staff for $180M over three years plus retention bonuses.
Why it matters: Shows how bankrupt AI startups get acquired—talent transfers to established companies, but small innovators disappear.
More than 60 workers at Character.AI are being offered a lifeline from the media giant … Soft Landing — Layoffs are common in bankruptcy.
Read full articleSource: Bloomberg · Opens in new tab