OtherCharacter.aiConfirmed
Story 8 of 8 in the Tuesday 13 October editionCharacter.ai files for Chapter 11 to run a court-supervised sale of the company
The company filed on 12 October and says its platform will be wound down if no bid would keep it running.
Edited by Ashutosh Shrivastava
14 Oct 2026, 10:13 IST · 1 min read
Character.ai (Character Technologies) filed its voluntary Chapter 11 petition in the US Bankruptcy Court for the District of Delaware. Its board chose a court-supervised sale after a year of what the company calls significant legal, regulatory and operational headwinds, and Character.ai expects the sale to finish by the end of November 2026, possibly early December. It says the platform is still running and paid subscriptions remain active.
Sources
- PrimaryAn Update on Character.aiblog.character.ai · Character.ai’s announcement, 13 October 2026
- OfficialCharacter Technologies, Inc. Chapter 11 case informationcases.stretto.com · Case website run by Character.ai’s claims agent, Stretto
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