Google (GOOGL) Purchases Spirit Airlines Data for $10 Million

Google (GOOGL) has agreed to purchase internal business data from Spirit Airlines for $10 million, which filed for bankruptcy earlier. The dataset includes approximately 100 million emails and 500 million Microsoft Teams chats, as well as various corporate documents. A federal judge's approval for the transaction is on the docket for Wednesday, with Mercor offering $7.5 million as the runner-up. This purchase may improve Google's AI models and products, highlighting the potential value of corporate data even during bankruptcy proceedings.