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Character.AI: From a $2.7 Billion Google Deal to a $20 Million Bid
Oct 17, 2026
Character.AI filed for Chapter 11 on October 12, 2026. In 2024 Google reportedly paid about $2.7 billion in a deal with the company, but it did not buy it: it licensed the AI models and rehired the founders. Here is what Google paid for, what the filing shows, and what is now for sale.
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