After its closure: Company data remains for sale in AI markets

A report reviews the phenomenon of selling startup data after their closure in AI markets, via the "Asset Hub" platform owned by "Simple Closure", and raises questions about the fate of the rights of individuals whose information appears in this data.

A report reviews the phenomenon of selling startup data after their closure in AI markets. "Simple Closure", a company specializing in helping businesses shut down, offers the "Asset Hub" platform for selling these companies' assets. The report explains that some buyers want archives that help them build training environments that simulate work, including disagreements and difficult decisions. For example, entrepreneur Kylan Miskel sold the code of his cryptocurrency startup for about $25,000 upon liquidation, and was expecting another amount likely around $15,000 for workspace data. The magazine notes the absence of published tests comparing the gains of this data to alternatives, making the expected benefit and pricing less certain than the existence of the deals themselves. The report also raises a question about the rights of individuals whose information appears in this data.