AI labs and data brokers buy data from shuttered startups for model training
Overview
SimpleClosure's Asset Hub has handled more than 150 deals selling code and workspace data from shuttered startups, and 47% of its deals now include such sales, according to MIT Technology Review.
Buyers include AI training labs such as Surge AI, which uses real archives to build reinforcement-learning environments.
The report says Google paid $10 million for Spirit Airlines' data, including 100 million emails and 500 million Teams messages. The sale faces privacy objections.
Written by AI from the articles below · updated Oct 13, 6:06 AM ET
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- MIT Technology Review · AINewsAI labs are buying data from dead startups to train their models
AISimpleClosure's Asset Hub has handled over 150 deals for shuttered startups selling code and workspace data, and 47% of its deals now include such sales. Buyers include AI training labs such as Surge AI, which uses real archives to build reinforcement-learning environments. Google paid $10 million for Spirit Airlines' data, including 100 million emails and 500 million Teams messages, though the sale faces privacy objections.
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