Google Snaps Up Spirit Airlines' Business Data for $10 Million
Alphabet's Google is making headlines after announcing plans to acquire internal business data from bankrupt Spirit Airlines for $10 million. The company will use this data, which includes employee emails, Microsoft Teams messages, spreadsheets, and calendars, among other information, for product development and training its artificial intelligence (AI) models.
The data will be de-identified before the sale is complete, ensuring that it does not contain any customer information or personally identifiable information. This acquisition comes as Spirit Airlines sells off its assets in bankruptcy after shutting down its business in May due to high debt and high fuel costs.
A US bankruptcy judge will consider approving the data sale at a Wednesday court hearing, where another bidder, Mercor, an AI data company, submitted a $7.5 million bid for the same data.