this post was submitted on 11 Oct 2026
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Character.AI files for bankruptcy, agrees to sell some assets for $20 million
At one point "valued" at 2.5B, so that sale is 99%+ discount, even charitably assuming 100M sale of it all it's still 96% discount
betteroffline thread
Couldn't happen to a nicer bunch of people. Shame they're probably all made and siphoned off life-changing amounts of money before this happened. I guess we can always hope they take up smoking because AI is going to cure cancer.
thank god. horrid, parasocial site
it's not shutting down so far, and if anyone buys that part it will remain up
please let nobody buy it and have it shut down. it’s arguably the patient zero of ai psychosis
Also notable for being the first to get a kid killed by AI suicide encouragement. Burn it to the ground and make teeth fillings from the slag.
Bankruptcy means they're not going to be paying out damages for all the AI Psychosis they caused.
They looking to get off the hook before all the class action lawsuits pile up?
or maybe they genuinely ran out of vc money
Wonder who gets all the plaintext logs from all their victims
not done yet
perhaps them, and maybe these are linked to identities of users
This is sad news, as companies are not alive, this means there is no new public toilet.