Walt Disney (DIS) Lands $20 Million AI Asset Deal With Perpetual IP Rights

Walt Disney (NYSE:DIS) agreed to acquire select Character.ai assets through U.S. Chapter 11 bankruptcy proceedings, including certain IP and technology. The transaction gives Disney a perpetual license to use Character.ai intellectual property for future conversational and interactive products. Former Character.ai employees are expected to join Disney as part of the deal, expanding its internal AI and chatbot expertise. Disney's move to secure Character.ai assets and a perpetual IP license...