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Google Buys Spirit Airlines Data for AI Training
18 Aug
Summary
- Google acquired Spirit Airlines' internal business data.
- The purchase price for the data was $10 million.
- Data will be used for Google's product development and AI training.
Alphabet's Google has completed a $10 million acquisition of internal business data from Spirit Airlines. This strategic move comes as Spirit Airlines navigates its bankruptcy proceedings.
The acquired data is slated for integration into Google's product development pipelines. It will also serve a crucial role in training and refining Google's sophisticated artificial intelligence models, aiming to advance AI capabilities.
This transaction highlights the value of proprietary business data for large technology firms seeking to enhance their AI and product offerings.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
