Character.AI Moves Ahead With Asset Sale Despite States
Character.AI, a company known for chatbots where users talk with AI characters, is moving ahead with an asset sale. Several US states have objected to the deal, according to a Reuters report. The sale comes alongside a separate court matter about privacy oversight for the company.
Quick glossaryCharacter.AI, asset sale
- Character.AI
- An AI chatbot company best known for apps where users chat with AI-powered characters, including role-play conversations.
- asset sale
- Selling a company's property, contracts and business parts to a buyer, instead of selling the whole company as one unit.
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