Disney to Invest $180M in Character.AI Staff Over Three Years

• Disney expects to spend $180 million over three years on Character.AI staff.
• Character Technologies filed for Chapter 11 bankruptcy on 13 October in Delaware.
• Disney plans to hire 66 employees from Character.AI, which filed for bankruptcy.
• Karandeep Anand, former Character.AI employee, is now Disney's chief technology officer.
• The filing was first reported by Bloomberg.