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Micro1 says it's making an offer "materially higher" than Google's for Spirit Airlines' data. The AI startup told the airline it will pay $12.5 million for its data.

Spirit Airlines's abrupt shutdown in May was unprecedented for the airline industry. Bankruptcy may be nothing new, but Spirit completely dissolving, rather than being absorbed by another airline, marked the first major U.S. airline to entirely halt operations in 25 years.