TL;DR: A new industry is emerging where AI labs purchase data assets from defunct startups to train their models, providing a new revenue stream for closing companies.
Summary: AI labs are increasingly acquiring data from failed startups to use as training material for their models. Companies like SimpleClosure are acting as brokers, helping founders sell their codebases and workspace data (emails, chats, documents) to foundation AI labs and other vendors. This trend transforms previously valueless digital archives into monetizable assets for winding-down businesses.
Why it matters: This opens a new, potentially vast, source of diverse training data for AI developers, especially for niche domains. AI entrepreneurs should explore ethical data acquisition practices and consider the value of their own data assets, even if a venture fails.
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