---
title: "Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources"
url: https://thecoingazette.com/character-ai-files-for-bankruptcy-as-disney-bids-20-million-and-users-get-grief-resources/
date: 2026-10-13
modified: 2026-10-13
lang: en
author: "Coin Gazette Editorial"
description: "The chatbot app once valued at $1 billion is up for sale in a Delaware court, two weeks after launching new models. If nobody buys it, it shuts down."
categories:
  - "Business"
word_count: 29
---

# Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources

The chatbot app once valued at $1 billion is up for sale in a Delaware court, two weeks after launching new models. If nobody buys it, it shuts down.