Google to buy bankrupt Spirit Airlines’ internal data to train AI models
Google is set to pay $10 million for a trove of internal business data from bankrupt Spirit Airlines, including employee emails, Teams messages, spreadsheets and operational records. The Alphabet unit says the de-identified data could help train AI models and develop products, turning the failed airline’s corporate records into a valuable AI asset.
(Photo Credit : Reuters)
Alphabet’s Google is acquiring internal business data from bankrupt Spirit Airlines for $10 million, saying it plans to use the data for product development and training its AI models.
The acquired data includes Spirit Airlines’ employee emails, Microsoft Teams messages, spreadsheets, and calendars, as well as marketing, productivity, and operations data.
The data will be de-identified before the sale is complete, containing no customer information or personally identifiable information.
Also read: Meta’s next trial may end in $1.4 trillion in damages
A US bankruptcy judge will consider approving the data sale at a Wednesday court hearing.
Spirit also received a $7.5 million bid from Mercor, an AI data company.
Spirit is selling off assets in bankruptcy after shutting down its business in May due to high debt and high fuel costs.
Original source: https://www.cnbctv18.com/technology/
