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AI firms buy defunct companies' data; Anthropic revenue soars to $65B

AI companies are increasingly acquiring defunct companies' data for model training, with Google reportedly purchasing Spirit Airlines' internal data for $10 million. This trend highlights the scarcity of high-quality training data, as public internet sources are largely exhausted. The cluster also touches upon significant financial milestones for Anthropic, which has a revenue run rate exceeding $65 billion, and the acquisition of OpenRouter by Stripe for over $7 billion. AI

IMPACT This trend of acquiring defunct company data signals a shift in AI training strategies, potentially increasing the cost and complexity of acquiring necessary datasets.

RANK_REASON The cluster contains multiple significant financial events including a large funding round for Higgsfield, a major acquisition by Stripe, and substantial revenue figures for Anthropic. [lever_c_demoted from significant: ic=1 ai=0.7]

Read on Forbes — Innovation →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

AI firms buy defunct companies' data; Anthropic revenue soars to $65B

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Rashi Shrivastava, Forbes Staff ·

    AI Companies Desperate For Data Are Buying Up Dead Airlines’ Emails And Scanning Old Books

    Google says its buying Spirit Airlines’ data for $10 million.