Raw SignalOct 13, 20261 min read1 source

An Update on Character.ai

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Character.ai said on October 12, 2026, that it had initiated a voluntary Chapter 11 bankruptcy process to facilitate a court-supervised sale.

The company said the platform remains operational, subscriptions and billing are unchanged for now, and the sale process is expected to conclude by late November or early December. It warned that the platform could be wound down if no actionable bid is available. The company also said users can delete accounts or export data through its app or website.

The announcement does not identify a buyer or establish that a sale will occur. Its statements about data practices describe the company’s current position. https://blog.character.ai/an-update-on-character-ai/

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  1. 1blog.character.ai/an-update-on-character-ai
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