Why AI Labs Are Quietly Buying Bankrupt Companies' Data
Google paid $10 million for bankrupt Spirit Airlines' 100 million emails and 500 million Teams messages, outbidding Mercor at auction. Closing startups sell the same kind of records with no bidding contest, which is the opening for a founder who runs one.
Featuring: Google, Mercor, Spirit Airlines, SimpleClosure, Korra, MIT Technology Review
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Chapters:
(00:00) Google's $10M bid for a dead airline's inbox
(00:42) Why AI labs want your work email
(01:35) How the Spirit auction turned into a fight
(02:11) Scrubbing names and what stayed out of the sale
(03:04) The privacy objections
(03:41) One founder's $25,000 code sale
(04:40) The opportunity: auctions for closing companies
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