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Disney agreed to pay $60 million to 66 employees from an AI startup that filed for bankruptcy, weeks after tech layoffs

Source: businessinsider.com

Artificial IntelligenceM&A & RestructuringManagement & GovernanceTechnology & Innovation
Disney agreed to pay $60 million to 66 employees from an AI startup that filed for bankruptcy, weeks after tech layoffs

Disney plans to pay $60 million to hire 66 employees from Character.AI, which filed for bankruptcy. Former Character.AI executive Karandeep Anand is Disney’s new chief technology officer.

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