micro1 commits $1bn to buy company data for training AI agents
Companies can earn more than $1m for highly unique, proprietary data. micro1, which bid for Spirit Airlines’ records, uses such data to build training environments for AI agents.
Via TNW | Artificial-intelligence
AI training company micro1 will spend $1bn over the next 12 months buying and licensing operational data from companies. The San Francisco company announced the plan on Friday. Citi and Hercules Capital are providing the capital.
The money goes through micro1’s Company Data Partnerships programme. The company uses de-identified company data to build reinforcement learning environments that reflect real business operations. In them, AI models and agents learn to work through workflows, make decisions and complete complex tasks.
“Real business…
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