Teletubbies IP owner WildBrain has bought Personality AI in an $11 million cash and stock deal to create safe conversational AI experiences for kids in partnership with IP owners. Personality AI, launched a year ago, has tech tools to create interactive characters using generative AI. WildBrain and the AI product maker will work with IP owners to create interactive experiences across toys, apps and platforms via licensing agreements. Amid mounting concerns about kids growing up with AI “friends,” WildBrain, a Canadian kids and family entertainment company, told The Hollywood Reporter that Personality AI products are not open-ended…
