# Disney Accused Character.ai of Copyright Infringement

> Disney leads $20m bid to buy bankrupt AI startup Character.ai after copyright dispute.
- Title: Disney Accused Character.ai of Copyright Infringement · Inc
- Summary: Disney leads $20m bid to buy bankrupt AI startup Character.ai after copyright dispute. Disney is bidding $20 million for Character.ai assets following a…
- Keywords: character.ai, disney, bankruptcy, copyright infringement, ai startup, chapter 11, valued at billion, Accused, Character, Copyright, Infringement, Inc
- Source: Inc — https://inc.com/kevin-haynes/disney-accused-characterai-copyright-infringement-now-bidding-bankrupt-startups-assets/91419440
- Read time: 1 min
- Topics: character.ai, disney, bankruptcy, copyright infringement, ai startup, chapter 11, valued at billion
## Character.ai files for bankruptcy
Character.ai, the AI chatbot company once valued at $1 billion, filed for Chapter 11 bankruptcy protection Monday.
## Disney leads $20m bid for assets
Disney is the $20 million lead bidder for Character.ai assets and a nonexclusive license to some intellectual property.
## Company expects transaction by late November
Character.ai expects the transaction to conclude by late November or early December.
## Disney and copyright dispute
Disney has emerged as a $20 million lead bidder for Character.ai assets following a copyright dispute.
## Company's AI platform continues
Character.ai said its artificial intelligence platform will continue operating as negotiations continue.
## Company's bankruptcy rationale
The company stated it took meaningful steps to sustain and improve its business amid legal, regulatory, and operational headwinds.
## Key takeaway

Disney is bidding $20 million for Character.ai assets following a copyright dispute after the AI startup filed for bankruptcy.