https://www.live-feeds.com/feed/disney-is-paying-60-million-to-hire-66-character-ai-staffersContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/disney-is-paying-60-million-to-hire-66-character-ai-staffershttps://www.live-feeds.com/feed/disney-is-paying-60-million-to-hire-66-character-ai-staffers#u143244Wed, 21 Oct 2026 12:55:27 +0000Disney is paying $60 million to hire 66 employees from Character.AI, following the AI companion startup's filing for Chapter 11 bankruptcy. The bankruptcy filing cites operating costs and litigation, including lawsuits alleging ties to teen suicides. Alongside the hiring arrangement, Character.AI has agreed to sell some assets for $20 million. State coalitions, including Virginia and Wisconsin, have filed notices in the bankruptcy proceedings to seek consumer protections.Why it mattersCharacter.AI filed for Chapter 11 bankruptcy amid mounting legal pressures and financial strain. The coll