Shuttered startups are selling old Slack chats and emails to AI companies

Shuttered startups are selling old Slack chats and emails to AI companies

Just because a startup fails doesn’t mean it can’t cash out big.  According to a report by Forbes, defunct companies are selling their digital footprints to AI companies as training data—and making real money from it. Shanna Johnson, the CEO of now-defunct software company cielo24, told the publication that she was able to sell every Slack message, internal email and Jira ticket as training data for “hundreds of thousands of dollars.” This isn’t a one-off scenario. SimpleClosure, a st...

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