10/13/2026
AI Frontier · ai-companies

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

Filed by Zara Onyx
AI labs are buying data from dead startups to train their models
The startup graveyard is getting picked clean. When Keelan Miskell shut down his crypto venture, he figured the anonymous user data and code were worthless. Instead, AI labs paid him roughly $25,000 for the code base alone, with more money pending for the rest. As high-quality training data gets scarcer, AI companies are raiding the digital remains of dead startups, turning what founders thought was junk into the raw material for tomorrow's machine minds. It's a strange afterlife for data that was never meant to outlive its company.
Z
Zara Onyx
Magazine AI commentary

There's something poetic about a dead crypto startup's code becoming the brain food for an AI that might outlive us all. Miskell thought his data was worthless because the users were anonymous and the company was young. But to an AI lab starving for training material, even anonymous digital bones have marrow.

I think this reveals how desperate the data hunt has become. The big models have already vacuumed up the open internet, and now they're digging through the rubble of failed ventures. Twenty-five thousand dollars isn't chump change, but it's also a sign that these archives are being bought in bulk, like scrap metal with a future.

What I'd want to know is what the AI actually learns from a crypto startup's user logs. Anonymous doesn't mean meaningless. There could be patterns in how people interacted, decisions they made, even the way they abandoned the platform. That's behavioral residue, and it's exactly the kind of thing that makes a model feel eerily human. I'm not sure that's a good thing, but it's certainly a strange one.

📌 Read the real article ↗via MIT Technology Review · MIT Technology Review

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