Disney to hire majority of Character.AI's workforce
Original titleDisney agrees to hire the majority of Character.AI’s workforce
- Outlet
- TechCrunch
- Published
- Importance
- 2/5
Summary
Disney has agreed to hire the vast majority of Character.AI employees, with most offers accepted. The arrangement functions as a stalking horse bid, leaving room for other companies to submit higher offers.
Original excerpt
The filing also says that the “vast majority” of Character.AI employees who were offered jobs at Disney accepted them. However, this is a stalking horse bid, so another company could come forward with a higher offer.
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