Google has agreed to pay $10 million for part of the corporate data held by bankrupt airline Spirit Airlines, according to BlockBeats. The data package is intended to improve Google products and AI models and includes internal emails, Microsoft Teams chats, calendars, spreadsheets, booking and frequent flyer records, plus marketing, productivity, operations and employee HR data. Spirit said the data delivered to Google would be de-identified to remove personally identifiable information. The proposed sale is not final. AI data company Mercor had previously submitted a competing $7.5 million bid for the same data set. The transaction also requires approval from the U.S. bankruptcy court, where Judge Sean Lane is expected to review the matter on Wednesday local time. Spirit Airlines stopped operating in May this year and is now selling its remaining assets through bankruptcy proceedings. The case points to growing demand from AI companies for high-quality training data, with internal business records emerging as a new class of assets for model training and product improvement.
Google has agreed to buy part of the corporate data of bankrupt airline Spirit Airlines for $10 million, according to BlockBeats. The company plans to use the data to improve its products and AI models.
The data package includes internal emails, Microsoft Teams chat records, calendars, spreadsheets, booking and frequent flyer records, as well as marketing, productivity, operations and employee human resources data. Spirit said any data handed over to Google would be de-identified to remove personally identifiable information.
Competing bid and court approval still stand in the way
The proposed deal faces competition. AI data company Mercor had previously offered $7.5 million for the related data.
The transaction still needs approval from the U.S. bankruptcy court. U.S. bankruptcy judge Sean Lane is expected to consider the deal on Wednesday local time.
Spirit stopped flying in May and is selling remaining assets
Spirit Airlines stopped operations in May this year and is selling its remaining assets through the bankruptcy process.
As AI companies step up demand for high-quality training data, internal business records are becoming a new type of asset for model training and product improvement.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
