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.
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.
Source: TechCrunch
This week, Character.AI declared bankruptcy. While some saw the fall of a chatbot platform as a harbinger for the industry, court filings indicate that the decision was actually a key part of a deal that has let Disney hire most of Character.AI’s staff—including its now former CEO Karandeep Anand—potentially acquire most of Character.AI’s technology, and avoid the beleaguered startup’s many legal liabilities and obligations. In the past few years, Character.AI has faced multiple private lawsuits over the safety of its chatbots, as well as investigations from regulators around the world. In a declaration filed as part of the bankruptcy, Character.AI’s newly appointed CEO explained that the goal of the bankruptcy was to reach a “consensual resolution” with personal injury claimants and a group of states investigating the company, while maximizing the value of the company’s assets for shareholders. The Disney deal seems to be structured so that whatever is left of Character.AI will retain responsibility for those legal battles, some of which are still ongoing.Read full article Comments
About a month ago, a Chinese rocket took off from a remote spaceport in the Gobi Desert, released 10 satellites into orbit, then reignited its engine and put itself on a trajectory to rain down debris over the American Midwest. The rocket's flight on September 15 lasted between 75 and 80 minutes, and it came down without completing a full orbit of the Earth. Social media posts at the time showed streaks of fiery debris falling from the sky, heading north over Kansas toward Minnesota. The overnight spectacle was also visible on the western horizon from Wisconsin. The exact time, location, and direction of the debris allowed experts to connect it to the launch of a Zhuque-2E rocket, a medium-lift vehicle built by a Chinese company called LandSpace. The rocket had launched from Dongfeng, a commercial launch zone co-located with the military-run Jiuquan Satellite Launch Center in northwestern China, less than two hours before.Read full article Comments
The trailers for HBO's DC Universe series Lanterns teased a show that eschewed the usual superhero hijinks in favor of a gritty realism more in the vein of True Detectives or Slow Horses. Personally, I liked the change. My verdict: Ignore the review bombing; it's wonderful. The season wrapped with an emotionally charged, almost elegaic finale that fully delivered on that initial promise. I've found the rebooted DC Universe films released thus far to be enjoyable but rather forgettable, even when the positives outweigh the negatives. But Lanterns is a shining beacon of what is possible when someone is allowed to get really creative within the genre. (Spoilers below, but no major reveals.) There are two primary storylines. The first takes place in 2016 with a mass shooting at a local football game in Rushville, Nebraska. Current Green Lantern Hal Jordan (Kyle Chandler) and his new trainee, John Stewart (Aaron Pierre), get involved in the investigation, to the annoyance of Sheriff Kerry Kane (Kelly Macdonald), who initially doesn't think the case has any extraterrestrial connection. She is soon proved wrong when the suspect (an alien) self-detonates. Hal's power ring controls the damage, but the mystery remains.Read full article Comments
