# Character.AI

> Source: https://www.datingindustryinsights.com/companies/character-ai | Publisher: Dating Industry Insights (High Intent Media Inc) | Last checked: 2026-10-20


**In short:** Character.AI is an AI companion chatbot platform operated by Character Technologies. In October 2026 it filed for Chapter 11 bankruptcy protection in Delaware, with Disney named as a $20 million stalking-horse bidder for an IP licence. DII covers AI companions such as Character.AI as a competitive concern for dating apps.

## Key facts

- Type: AI and technology
- Headquarters: United States
- Status: In administration
- Website: character.ai
- Fact: Filed for Chapter 11 bankruptcy protection (2026-10) [source](https://thenextweb.com/news/character-ai-files-for-bankruptcy-as-disney-bids-20m-for-some-assets)
- Fact: Character Technologies filed for Chapter 11 in Delaware (2026-10-12) [source](https://www.datingindustryinsights.com/news/character-ai-files-chapter-11-disney-bids-20m)
- Acquisition: Disney was named as a $20 million stalking-horse bidder for Character.AI's IP licence (2026-10) [source](https://aiweekly.co/alerts/characterai-files-chapter-11-disney-bids-20m-for-ip-license)
- Fact: Co-founders moved to Google, which signed a non-exclusive agreement to use Character.AI's technology (2024-08) [source](https://gigazine.net/gsc_news/en/20240805-character-ai-google)
- Users: DII reported about 20 million monthly users in 2023 and about 100 million visits in 2023 (2023) [source](https://www.datingindustryinsights.com/news/ai-companion-concerns-lawmakers-step-in)

## About

Character.AI is an AI companion chatbot platform operated by Character Technologies. DII has covered it in its reporting on AI companions and their possible effect on dating apps. DII has reported that the platform reached about 100 million visits in 2023 and had about 20 million monthly users that year. These figures come from DII's reporting and have not been confirmed by the company here. In August 2024 the company's co-founders moved to Google, which signed a non-exclusive agreement to use Character.AI's technology, according to trade press at the time. In October 2026 Character Technologies filed for Chapter 11 bankruptcy protection in Delaware. Disney was named as the stalking-horse bidder, with a $20 million bid for an IP licence. The outcome of the sale process was not known when this profile was written.

## Timeline

- 12 October 2026: Insolvency: Chapter 11; Disney bid for its technology, $20M bid

## Stories about Character.AI

- [Character.AI files for Chapter 11 as Disney bids $20M for its tech](https://www.datingindustryinsights.com/news/character-ai-files-chapter-11-disney-bids-20m) (2026-10-12)

## Questions



**What is Character.AI?** Character.AI is an AI companion chatbot platform operated by Character Technologies.

**Is Character.AI in bankruptcy?** Character Technologies filed for Chapter 11 bankruptcy protection in Delaware in October 2026, with Disney named as a $20 million stalking-horse bidder for an IP licence.

**What was the Google deal with Character.AI?** In August 2024 its co-founders moved to Google, which signed a non-exclusive agreement to use Character.AI's technology.

**What does Character.AI do?** Character.AI is an AI companion chatbot platform operated by Character Technologies. In October 2026 it filed for Chapter 11 bankruptcy protection in Delaware, with Disney named as a $20 million stalking-horse bidder for an IP licence.

**Where is Character.AI based?** Character.AI is based in United States.

**What is Character.AI's latest deal?** Insolvency: Chapter 11; Disney bid for its technology, $20M bid, 12 October 2026.


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Canonical: https://www.datingindustryinsights.com/companies/character-ai