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techcrunch.com · low

Disney to hire majority of Character.AI staff as bankrupt chatbot startup faces litigation and regulatory pressure

Character.AI filed for bankruptcy earlier this week, and Disney has agreed to make employment offers to at least 60 of its employees, the majority of the workforce, at an estimated $60 million in annual compensation. A legal filing spotted by Bloomberg says the "vast majority" of those offered jobs accepted. Disney had previously agreed t…

theregister.com · low

UK FCA to require financial firms to report significant AI failures and near-misses as agentic AI adoption grows

The UK Financial Conduct Authority (FCA) says existing major-incident reporting rules must extend to significant AI failures and near-misses as financial firms adopt more autonomous, agentic systems. Speaking at Bloomberg's UK Policy Series, FCA chief data, information and intelligence officer Jessica Rusu warned that poorly governed AI c…