Workday CEO Aneel Bhusri returned to lead the company after stepping aside in 2024, amid pressure from AI disruption and investor scrutiny discussed at Sana’s customer conference. Workday acquired Swedish agentic AI startup Sana about 6 months earlier for more than $1 billion. The focus shifts to building and monetizing agentic AI on top of Workday’s existing HR and finance platform as growth slows and questions about strategy and valuation persist.
Disney has offered $20 million to buy a license to technology behind the Character.AI chatbot in Character Technologies' bankruptcy proceeding. The offer is for “a non-exclusive perpetual license” of certain Character Technologies intellectual property for $20 million. This changes the potential ownership and use of that chatbot’s underlying IP for Disney, even after prior public criticism from Disney.
Character.AI filed for Chapter 11 bankruptcy after legal and scaling struggles undermined its interactive AI chatbot platform. The company reported assets and liabilities between $50 million and $100 million. It will run a court-supervised sale that includes a $20 million asset deal with Disney, with operations continuing only if a buyer is found; otherwise the platform will be wound down.
Character.AI filed for Chapter 11 bankruptcy and agreed to sell some assets to Disney.
The reported sale price is $20M.
As a result, the company heads into bankruptcy proceedings and will transfer those assets to Disney.
Every AI story that matters,
in your inbox by 8am.
TLDRocket reads all relevant sources, removes duplicate coverage, and summarises the
day in two minutes. Follow companies and topics for alerts, or get the
briefing in Slack. Free, no spam, unsubscribe anytime.
Reading TLDRocket needs no cookies, and the readership counts we rely on come from
our own cookieless analytics. Google Analytics is the exception: it sets cookies and
reports to Google, so it stays switched off until you allow it. You can change your
mind any time from “Cookie settings” in the footer.
Strictly necessary
Session security and form protection (tldrocket-session,
XSRF-TOKEN, 2 hours). The site cannot work without them,
so they need no consent.
Always on
Google Analytics 4 (_ga,
_ga_<id>, up to 2 years). Measures which
stories and sections readers use. Google acts as a third-party processor and may
store the data outside the EU. No advertising, no profiling, no data sold.
