AI Labs Buy Data From Dead Startups — SkimNews
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- AI labs are buying data from dead startups specifically to train their models, turning the residual holdings of failed businesses into inputs for AI development.
- Keelan Miskell began winding down his crypto startup and did not think its data was worth much, a sharp contrast with its value to AI labs.
Why it matters: AI labs gain a supply of training material from businesses that no longer operate, while the case of Keelan Miskell’s crypto startup shows how data a founder dismisses can still attract buyers. The material change is straightforward: shutdown data can be sold to AI developers instead of remaining merely leftover material.
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