Spirit Airlines
Ultra-low-cost U.S. carrier that liquidated amid fuel price shocks and antitrust complications.
“Just two days ago, you saw Google buy something from the bankrupt Spirit Airlines. They didn't buy airplanes. They bought the data. They bought the data for $10 million because they think it's very important in that perspective, they're using it to train models.”
Source→“The rumor, too, is that the other bidder on the data set was Mercor, right, in terms of the bankruptcy bid process. And so it's interesting — you had multiple different companies in the AI world bidding on a bankrupt airline's enterprise data set.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.