Character.AI Stock
| Valuation | $2.5B1 |
| Valuation Date | Aug 2, 2024 |
| Implied Valuation | n/a |
| Last Price | $20.40 |
| 52-Week High | $51.00 |
| 52-Week Low | $18.81 |
| YTD Return | +8.40% |
| 1-Year Return | -60.00% |
| 3-Year Return | n/a |
| Total Funding | $193M2 |
| Latest Round Amount | n/a |
| Latest Round | Secondary |
| Funding Rounds | 2 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $50M3 |
| Revenue Type | Run Rate |
| P/S Ratio | 50.0 |
About Character.AI
Character.AI is an AI chatbot platform where people create and talk with virtual characters. Users can design their own characters or chat with millions made by others, including personas for roleplay, storytelling and companionship. The company has been repositioning itself as an AI entertainment service, adding video generation, interactive stories and studio-made short series built around its characters. Character.AI makes money mainly through its c.ai+ subscription, which costs $9.99 per month for faster responses and premium features, plus a growing advertising business. The company was founded by former Google researchers Noam Shazeer and Daniel De Freitas, who returned to Google in 2024 as part of a $2.7 billion deal that licensed the company's model technology and paid out its early investors. On October 12, 2026, Character Technologies Inc. filed a voluntary Chapter 11 case to run a court-supervised sale of its assets. Disney is the stalking-horse bidder for a $20 million non-exclusive perpetual license to certain intellectual property. The platform remains operating during the sale but may be wound down if no bid supports continued operations.
Important Updates
Character.AI filed for Chapter 11 bankruptcy protection following a string of legal challenges, high costs, and loss of top talent. The company has commenced a court-supervised asset sale.
News
Chapter 11 Update and Transaction Notice
The Bankruptcy Court entered a November 4 order approving Character.AI's bidding procedures. Disney remains the stalking-horse bidder for a license of certain assets; bids are due November 24, with an...
Disney agrees to hire the majority of Character AI’s workforce
A court filing spotted by Bloomberg says Disney agreed to offer jobs to at least 60 Character.AI employees, the majority of the workforce, at an estimated $60 million in annual compensation. Most of t...
Character.AI owes Google and Big Law firms nearly $7M, court filings show
Character.AI owes Google and five major law firms nearly $7 million combined, bankruptcy filings show. The AI startup, founded by former Googlers, filed for Chapter 11 bankruptcy protection this week.
Character.AI files for bankruptcy amid torrent of legal problems, agrees to sell some assets to Disney for $20M
The potential Disney deal comes roughly a year after the entertainment giant hit Character.AI with a cease and desist letter claiming it was using its iconic characters for "grooming and sexual exploi...
Character.ai has filed for Chapter 11 bankruptcy protection as it moves to sell assets to Disney
Controversial chatbot platform Character.ai is seeking Chapter 11 bankruptcy protection in the wake of mounting legal challenges and runaway operating costs, the four-year-old startup said in a surpri...
Character.ai Maker Files for Chapter 11 Bankruptcy
Character.ai, which lets users interact with AI avatars that include fictional characters and real public figures, had come under scrutiny for the platform's effects on teen mental health.
AI companion startup Character.ai files for Chapter 11 bankruptcy, citing costs and litigation
Character.ai, the startup behind one of the largest AI companion apps, filed for Chapter 11 bankruptcy Monday. The company said the platform became "costly to develop and grow" amid a boom in AI enter...
Disney Offers $20M For Character.AI Assets As Startup Files For Chapter 11 Bankruptcy Protection
After hiring Character.AI's former CEO as its chief technology officer, Disney is looking to acquire assets from the 5-year-old startup as it files for Chapter 11 bankruptcy protection. The company, w...
Chatbot startup Character.AI files for bankruptcy, and Disney is first in line for key assets
Character.AI has filed for Chapter 11 bankruptcy as it pursues a court-supervised sale. Disney has offered $20 million for a license to certain assets, though other bids could prevail.
Character.ai Initiates Voluntary Chapter 11 Proceeding to Facilitate Value-Maximizing Sale Process
MENLO PARK, Calif.--(BUSINESS WIRE)--Character Technologies Inc. (“Character.ai” or the “Company”), a pioneering artificial intelligence entertainment platform, today announced that it has commenced a...
Just 5 years in, interactive chatbot platform Character.AI files for bankruptcy
TechCrunch reported Character.AI filed Chapter 11 on October 13, 2026, with CEO Colin Adams citing legal and operational headwinds and a court-supervised sale expected by late November.
An Update on Character.ai
Character.ai said it filed a voluntary Chapter 11 case to run a court-supervised sale of the company. The platform remains online, but the company said it would wind the service down if the sale does ...
The Walt Disney Company Names Karandeep Anand Chief Technology Officer
Disney hired Character.AI CEO Karandeep Anand as its first chief technology officer effective October 2, 2026, with several Character.AI technical staff expected to join him.
The Walt Disney Company Names Karandeep Anand To Newly Created Role Of Chief Technology Officer
Disney named Character.AI CEO Karandeep Anand as its first chief technology officer, a newly created role effective October 2, 2026. A number of Character.AI's technical team are expected to join Disn...
The Next Chapter of Entertainment and Fandom
Character.AI said CEO Karandeep Anand is joining Disney as Senior Executive Vice President and Chief Technology Officer, with members of its technical team expected to follow. The company said the app...
Disney's first CTO led an AI startup it once accused of copying its characters
Karandeep Anand stepped down as Character.AI CEO to become Disney's first chief technology officer effective Oct. 2, 2026, with several Character.AI technical staff expected to join him.
Character.ai Introduces Collection of Microseries
Character.ai launched c.ai Series, a slate of original short-form vertical microdramas in its mobile app, with users over 18 able to chat with characters after each episode.
Character.ai Enters The Microdrama Race With Characters That Talk Back
Character.ai debuted studio-made microdramas including Last Summer, The Nighttime Game, and Eden Fall, letting viewers continue stories by chatting with characters.
Character.AI enters the microdrama arena with its own productions, but there's a twist
Character.AI launched c.ai Series, a set of studio-produced AI-generated microdramas inside its app. Adult users can chat and roleplay with the shows' characters after watching the episodes.
A Google veteran who founded Character.AI is jumping to OpenAI
Noam Shazeer is leaving Google to join OpenAI as competition for AI talent intensifies. Shazeer is a Google veteran and the founder of chatbot startup Character.AI.
DigitalOcean's Inference Cloud Platform, Powered by AMD Instinct GPUs, Delivers 2X Production Inference Performance for Character.ai
BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean (NYSE: DOCN) today announced that its Inference Cloud Platform is delivering 2X production inference throughput for Character.ai, a leading AI entertai...
Google, Character.AI agree to settle suits involving teen suicide
Google and startup Character.AI have settled lawsuits filed by families accusing artificial intelligence chatbots of harming minors, including contributing to a Florida teenager's suicide, according t...
Kentucky attorney general's lawsuit says AI company 'preys' on youth
Kentucky Attorney General Russell Coleman sued Character Technologies and its founders, alleging the Character.AI chatbot violated state consumer protection laws and preyed on children. It was the fir...
Google and Character.AI to Settle Lawsuit Over Teenager's Death
The settlement came in the case of a 14-year-old in Florida who had killed himself after developing a relationship with an A.I. chatbot.
Google, Character.AI to settle suits involving minor suicides and AI chatbots
Google and Character.AI settled lawsuits pertaining to psychological harm to minors allegedly caused by chatbots. At least one lawsuit claimed the chatbot contributed to a teen suicide.
Character.ai to ban teens from talking to its AI chatbots
Character.AI announced it would remove open-ended chat for users under 18 by November 25, 2025, after pressure from regulators and safety experts. The company said it would roll out new age verificati...
AI startup Character.AI removes Disney characters from its chatbot platform after legal letter
In the latest salvo between Hollywood and artificial intelligence companies, tech start-up Character.AI has removed many Disney characters from its chatbot platform after the Burbank entertainment gia...
Disney sends cease-and-desist letter to Character.AI, Axios reports
Walt Disney has sent a letter to Character.AI demanding that the AI startup immediately stop the unauthorized use of its copyrighted characters, Axios reported on Tuesday.
Disney sent cease and desist letter to Character.AI over use of copyrighted characters
Disney sent a cease and desist letter to Character.AI last week that warned the startup to stop using copyrighted characters without authorization. Character.AI allows users to create and interact wit...
Character.AI Explores Sale or New Funding Amid Rising Costs
Character.AI held talks with potential buyers and investors about a sale or raising a few hundred million dollars at a valuation above $1 billion, according to The Information. The company projected $...
Texas AG accuses Meta, Character.AI of misleading kids with mental health claims
Texas Attorney General Ken Paxton has launched an investigation into both Meta AI Studio and Character.AI for “potentially engaging in deceptive trade practices and misleadingly marketing themselves a...
Texas attorney general accuses Meta, Character.AI of misleading kids with mental health claims
Texas Attorney General Ken Paxton has launched an investigation into both Meta AI Studio and Character.AI for “potentially engaging in deceptive trade practices and misleadingly marketing themselves a...
Character.AI taps Meta's former VP of business products as CEO
Character.AI named Karandeep Anand, a former Meta VP and Brex president, as chief executive. Anand had spent nine months as a board advisor before taking the role.
Google's Character.AI Deal Reportedly Draws Antitrust Attention
The Department of Justice is reportedly probing whether a Google artificial intelligence (AI) deal violates antitrust law. At issue is Google's agreement with chatbot maker Character.AI to use that co...
Google reportedly faces DOJ probe for Character.AI deal
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Google facing scrutiny from the DOJ for its AI deal.
Mother sues AI chatbot company Character.AI, Google sued over son's suicide
A Florida mother has sued artificial intelligence chatbot startup Character.AI accusing it of causing her 14-year-old son's suicide in February, saying he became addicted to the company's service and ...
Google Reportedly Spent $2.7 Billion to Rehire Character.AI Founder
Google reportedly paid $2.7 billion to rehire ex-employee/AI guru Noam Shazeer. According to The Wall Street Journal (WSJ), Shazeer, who co-authored research that helped popularize artificial intellig...
Google appoints former Character.AI founder as co-lead of its AI models
Google has appointed Noam Shazeer, the former head of startup Character.AI and before that a long-time Google researcher, to co-lead its main AI project.
Google hires Character.AI cofounders and licenses its models, The Information reports
Alphabet's Google has agreed to pay a licensing fee to chatbot maker Character.AI for its models and will hire its cofounders and many of its researchers, The Information reported on Friday.
Report: Google Weighs Further Investment in Character.AI
Google could reportedly bolster its partnership with Character.AI via a significant investment. The tech giant is in discussions to inject hundreds of millions into the artificial intelligence (AI) st...
AI chatbot Character.AI, with no revenue, raises $150 mln led by Andreessen Horowitz
Character.AI raised $150 million in a Series A round led by Andreessen Horowitz at a $1 billion valuation. The pre-revenue startup was founded by former Google researchers Noam Shazeer and Daniel De F...