Business & Economy

This startup wants to pay for your email and photos to train AI — and it's on an acquisition spree

A startup, Mode Inc, is acquiring companies that collect and utilize personal data for artificial intelligence training.

Source Business Insider AI Summary Updated 2h 01m ago

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AI Summary

A startup, Mode Inc, is acquiring companies that collect and utilize personal data for artificial intelligence training. This data includes emails and photos. Mode Inc's approach involves paying individuals for their personal data, which is then used to improve AI capabilities. The company's acquisition spree suggests an expansion of its data collection efforts. The significance of Mode Inc's business model lies in its willingness to compensate individuals for their personal data, a practice that may set a precedent in the industry.

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