[KongchangAI]
CompanyCharacter.AI

Character AI

A U.S. AI chatbot startup that provides a role-playing conversational AI platform where users can interact with virtual characters. In 2025 it filed for Chapter 11 bankruptcy protection in the United States.

Timeline (last 90 days)

Oct 17

Character AI has filed for Chapter 11 bankruptcy protection in the United States, and court filings show its liabilities are estimated at between $50 million and $100 million.

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Oct 17

Attorneys general from multiple states have intervened in the Character AI bankruptcy case, demanding strict privacy rules be imposed before any user data is transferred or sold.

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Oct 16

Character AI has filed for bankruptcy, and concerns have arisen over where its user data (including data of minors) will go in the bankruptcy proceedings.

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Oct 16

Google previously poached the Character AI founding team through an acqui-hire, and the company has effectively become an empty shell.

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Sep 23

Character AI employs a hybrid scheme of one global attention layer per 6 layers combined with cache sharing.

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All Facts (5)

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