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AI labs are buying data from dead startups to train their models

MIT Tech Review·October 13, 2026·1 min read
AI labs are buying data from dead startups to train their models

AI Summary

AI companies are purchasing data archives from defunct startups, with one crypto founder selling his company's code base for approximately $25,000. The trend reflects AI labs' growing demand for training data, prompting failed companies to monetize their digital assets during shutdown processes.

From the source

When Keelan Miskell began winding down his crypto startup this year, he didn’t think its data was worth much: the users were anonymous, the company just a few years old. But he’s since turned the firm’s digital archives into real money. He’s netted roughly $25,000 for his code base and a still-pending amount (likely around…

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