Character.ai has initiated voluntary Chapter 11 bankruptcy

Character.ai has filed for voluntary Chapter 11 bankruptcy to pursue a court-supervised sale of the company, citing significant legal, regulatory, and operational pressures. The platform remains operational and subscriptions stay active for now, but the service will be wound down if no viable buyer emerges. The sale process is expected to conclude by late November or early December 2026. User data protections and privacy policy remain unchanged, and users can still export or delete their data.

Source: https://blog.character.ai/an-update-on-character-ai. 8 Sync News only summarizes and links out; content copyright belongs to the authors and original sources.