Tyrian Trade

Google's $10 Million Spirit Airlines Data Bid Highlights AI's Growing Demand for Data

Google's ($GOOGL) $10 million bid for Spirit Airlines' data has advanced after unions withdrew their privacy objections. The proposed deal includes 500 million Microsoft ($MSFT) Teams chats and 100 million emails, highlighting the growing value of data in AI development.
Zeta Global ($ZETA) CEO said, "AI is only as powerful as the data that fuels it," while AppLovin ($APP) CEO warned that companies will be "starved for data."
Meanwhile, Reddit ($RDDT) increased its content licensing revenue by 35% to $48 million. The growing importance of data is why the author remains bullish on $ZETA, $APP, and $RDDT.

Google's $10 Million Spirit Airlines Data Bid Highlights AI's Growing Demand for Data

Loading…