Disney to Spend $60 Million a Year on Character.AI Talent After Its Own Layoffs as AI Startup Faces Bankruptcy
Disney plans to spend $60 million annually on 66 Character.AI employees despite recent layoffs as its AI strategy expands.
Stocks · News reference
Reported October 16, 'CFP reaches 'handshake agreement' with ESPN to air 24-team playoff, sources say' - ESPN
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Citigroup Maintains Buy on Walt Disney, Raises Price Target to $140
'Disney agreed to pay $60 million to 66 employees from an AI startup that filed for bankruptcy, weeks after tech layoffs' - Business Insider
https://www.businessinsider.com/disney-pays-60-million-characterai-employees-tech-layoffs-karandeep-anand-2026-10?utm_campaign=business-link-post&utm_medium=social&utm_source=twitter