Google to buy Spirit Airlines business data for $10 million
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.
Alphabet's Google is set to acquire Spirit Airlines' internal business data for a sum of $10 million, with plans to leverage the data for product development and AI model training. The data, which includes employee emails, Microsoft Teams messages, spreadsheets, calendars, and various types of operational data, will undergo de-identification before finalizing the sale to ensure no customer or personally identifiable information is involved.
A U.S. bankruptcy judge is scheduled to review the transaction during a Wednesday court hearing. Spirit Airlines, currently in bankruptcy proceedings, received a competing offer of $7.5 million from AI data company Mercor. The acquisition comes as Spirit attempts to liquidate assets following its May shutdown due to mounting debt and soaring fuel costs.
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- Google to buy Spirit Airlines business data for $10 million myjoyonline.com
- Google to buy Spirit Airlines business data for $10 million economictimes.indiatimes.com
