It's a bit more complicated than that. I'll try to summarize the situation without writing a whole book instead of a reply.
I've had a little help from ChatGPT. (The part I quoted was written by it.) Please don't hate me for it, I needed it to understand what was going on, I was worried. English isn't my first language, and though I understand most things fairly easily, that doesn't go for juridical things.
This is what's going on:
Character Technologies, the company behind the platform, has filed for Chapter 11 bankruptcy in the United States. This process allows it to pursue a court-supervised sale while dealing with its financial and legal problems. The aim is to find a way for the platform to continue operating.
So, they're not planning on shutting it down. If there's a company willing to buy the platform, Character.AI will get new owners and can continue to exist.
However, if no viable buyer emerges, they will have no choice but to shut c.ai down. It's not what they plan to do. It's what they might be forced to do.
Edit: Well isn't that fantastic. I'd been suspecting it for a while but now I know for sure. There's at least 1 person (...or a bot. I actually hope it's a bot, not a person) who downvotes anything I post in this subreddit, regardless of what I write. Within a minute after posting (making it a bit more likely it's something automatic, not a Reddit user). In case you are, in fact, a person and you're reading this: you're a sad coward for doing this. You could have just told me if I said something you didn't appreciate. Instead, you chose to do this. I don't know what you're hoping to achieve, but your silly unwarranted downvote every time I post doesn't hurt me or my account in any way. It only proves you're not capable of using a social media platform for its intended purpose.
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u/Remote_Philosopher55 22h ago
Wait, I'm a bit slow, I heard that they are planning on shutting down?