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Filing: AI training data startup Micro1 offers to pay $12.5M for Spirit Airlines' data; the offer faces hurdles as Spirit already has a $10M deal with Google (Jonathan Randles/Bloomberg)

Time & source
Ingested
09/04, 22:00
Source type
Unclassified

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AI summary

AI training data startup Micro1 has offered to pay $12.5M for Spirit Airlines' business records. This offer faces significant hurdles, as Spirit Airlines already has an existing $10M deal with Google LLC for the same data. Micro1 is attempting to acquire this vast trove of data, challenging Google's current agreement with Spirit Aviation Holdings Inc.