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The AI character conversation platform Character.AI filed for Chapter 11 bankruptcy protection after lawsuits and difficulties converting high usage into a sustainable business model. The company agreed to sell some of its assets to Disney for $20 million and grant it a perpetual, non-exclusive license to its technology.
Sunrun plans to strengthen its direct sales after the contribution from affiliate channels declined, adding 1,500 sales representatives in the second quarter of 2026. Despite revenue growth, the company lowered its annual outlook, while the share of systems equipped with battery storage rose to 74%.