Character.AI Files for Chapter 11 After Settling Teen Suicide Lawsuits as Parents Weigh Companion Chatbot Risks
11 Articles
11 Articles
Character.AI has gone bankrupt and is filing for bankruptcy due to a debt that completely exceeds them
[Yomiuri Shimbun] [NEW YORK - Takeshi Kise] Character Technologies, a US company that develops conversational AI (artificial intelligence) services, filed for Chapter 11 bankruptcy protection on the 12th, which is equivalent to Japan's civil rehabilitation law. Amid a series of lawsuits concerning the negative impact on minors, the company cited the cost of safety measures.
By Clare Duffy, CNN Character.ai, a chat startup based on artificial intelligence—which has faced a wave of accusations that its application contributed to mental health problems and suicides among teenagers—has been declared bankrupt under Chapter 11.Character.ai allows users to exchange messages with various chatbots, often based on celebrities and fictional characters, or create their own characters. Their bots usually respond using conversat…
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