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.