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WildBrain Buys Personality AI for $11 Million to Build Kids Safe AI

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Sig3.05Sen+3.90Env0.00Soc+2.75Gov+1.45

WildBrain, owner of Teletubbies IP, will acquire Personality AI in an $11 million cash-and-stock deal to develop kid-focused conversational experiences with IP partners. The parties will license technology for toys, apps and platforms, with products tested for safe interactions. Personality AI’s founder will join WildBrain as exec VP, and the payment includes $2 million at the first anniversary plus performance-based cash up to $56 million through 2029.

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