Spirit Airlines
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Headlines · 2
- AI labs are buying data from dead startups to train their models
MIT Technology Review reports that a new cohort of companies is selling defunct startups' digital assets to AI training buyers. SimpleClosure's Asset Hub helps founders sell code and workspace data from Google, Notion, Figma and Slack; CEO Dori Yona says it has handled more than 150 deals and expects to return over $10 million to startups by the end of 2026, with 47% of deals now including code or data sales, while rival Sunset is also growing its data resale business. The report says Google outbid data company Mercor in August in Spirit Airlines' bankruptcy, paying $10 million for about 100 million emails, 500 million Teams messages and 176,000 employee records, while firms such as Surge AI use such archives to build reinforcement-learning environments. Real archives avoid common errors in synthetic worlds, but the piece notes no company has published tests comparing real-world data training with alternatives, and pricing varies widely because valuations rest on uncertain "research theses". Privacy advocates and attorneys question the sales, and the report says proceeds typically go to senior creditors and investors rather than employees.
MIT Technology Review AI · 🔥 0 - Spirit privacy ombudsman backs $10M sale of deidentified passenger data to Google
Consumer privacy ombudsman Lucy Thomson recommended in a 5 October report that Spirit Airlines be allowed to sell deidentified passenger data to Google, which won the auction with a $10m bid, according to Business Insider. The new report says booking and transaction records, refunds, inflight purchases and WiFi sales are excluded from the deal and will not reach Google "in any form"; Spirit has hired Tonic.ai to deidentify the remaining unstructured data, including corporate email that may hold personal details. A court hearing on the sale is set for 14 October, and the court has the final say. Google has said it is not buying personal information and that the data would help improve its products and AI models.
The Next Web · 🔥 0
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