Google is buying Spirit Airlines' old data for $10 million to improve its AI
Google is buying Spirit Airlines' data for $10 million, beating Mercor's $7.5 million bid.The data will be fully anonymized and excludes customer records, Google said.Tech companies are racing to buy corporate records to train their latest AI models.Google's next big AI model could end up using troves of old data from Spirit Airlines.Google successfully bid $10 million for troves of corporate data from Spirit Airlines, the budget airline that went under earlier this year, according to Chapter 11 bankruptcy court filings. A spokesperson from Google told Business Insider that this data from Spirit Airlines "can be helpful in improving our products and AI models.""We are buying the company's internal data and custom software, but we are not buying their customer or credit card information," the spokesperson said.AI training startup Mercor made a rival bid at $7.5 million.
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Google is buying Spirit Airlines' data for $10 million, beating Mercor's $7.5 million bid.The data will be fully anonymized and excludes customer records, Google said.Tech companies are racing to buy corporate records to train their latest AI models.Google's next big AI model could end up using troves of old data from Spirit Airlines.Google successfully bid $10 million for troves of corporate data from Spirit Airlines, the budget airline that went under earlier this year, according to Chapter 11 bankruptcy court filings. A spokesperson from Google told Business Insider that this data from Spirit Airlines "can be helpful in improving our products and AI models.""We are buying the company's internal data and custom software, but we are not buying their customer or credit card information," the spokesperson said.AI training startup Mercor made a rival bid at $7.5 million. Mercor didn't respond to a request for comment from Business Insider. A representative for Spirit Airlines declined to comment beyond the court filings.The move comes as tech companies, having largely exhausted the open internet for training data, race to grab as much data as they can in other forms.Corporate data is especially valuable because it can help train bots to handle customer complaints more effectively or debug websites.
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- What's the story?
- Google is buying Spirit Airlines' data for $10 million, beating Mercor's $7.5 million bid.The data will be fully anonymized and excludes customer records, Google said.Tech companies are racing to buy corporate records to train their latest AI models.Google's next big AI model could end up using troves of old data from Spirit Airlines.Google successfully bid $10 million for troves of corporate data from Spirit Airlines, the budget airline that went under earlier this year, according to Chapter 11 bankruptcy court filings. A spokesperson from Google told Business Insider that this data from Spirit Airlines "can be helpful in improving our products and AI models.""We are buying the company's internal data and custom software, but we are not buying their customer or credit card information," the spokesperson said.AI training startup Mercor made a rival bid at $7.5 million.
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Google is buying Spirit Airlines' old data for $10 million to improve its AI
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