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Disney’s $20 Million Character.AI License Bid Faces Multistate Challenge

  • Policy & Regulation
  • Funding & M&A

Disney is seeking a nonexclusive license to selected Character.AI technology through a Chapter 11 sale, with a $20 million opening offer. Thirty-one states and the District of Columbia have challenged the proposed auction rules, leaving both the deal and the chatbot platform’s future unresolved.

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