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Disney to offer jobs to most of bankrupt Character.AI's staff, filing shows

· 50-word read

Disney to offer jobs to most of bankrupt Character.AI's staff, filing shows

In 50 words

Disney has agreed to offer jobs to at least 60 employees of bankrupt chatbot startup Character.AI, most of its staff, a legal filing reported by Bloomberg shows. Pay is estimated at $60 million a year. The bid is a "stalking horse" offer, so rivals could outbid it.

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