Walt Disney agreed to serve as a stalking-horse bidder to license Character.AI technology and intellectual property for $20 million while hiring most of Character.AI's staff.

From the articleCharacter.AI Bankruptcy Puts Intimate Chats of 21M Users on Auction Block, 40 AGs WarnAlso in US states seek children's data protections in Character.AI bankruptcy | Reuters, US states seek children's data protections in Character.AI bankruptcy, Now that Character.AI is going bankrupt, what happens to all of its users’ data?