Investors are betting $21 billion that the energy transition isn’t going away
Political shifts might have set back the energy transition, but large investors are betting that renewables are at the future of energy.
UK slaps Google Search with special market status, making way for stricter regulations
The CMA has designated Google as having “strategic market status” in the search and search advertising markets, which means the company has such “a substantial and entrenched” position that
The world is just not quite ready for humanoids yet
Famed robotics Rodney Brooks recently sounded the alarm on the amount of money going into humanoid startups. He’s not the only skeptic.
Loneliness, Love, and LLMs: Human Emotional Bonds With AI
As millions of people form personal bonds with AI, experts warn of ethical hazards, emotional dependence, and even psychosis-like symptoms tied to this emerging digital intimacy. The post Loneliness, Love, and LLMs:
Nevada files motion for key CFTC and Kalshi documents
Nevada regulators have submitted a request, known as a motion to compel discovery, from predictions market Kalshi to disclose key information relating to its federally approved business. The news comes as a wider
Bally’s completes $3 billion merger deal with Intralot
Bally’s Corporation (Bally’s) has completed a €2.7 billion ($3 billion) deal with Intralot S.A. (Intralot) to transfer a majority share of holdings in the company. A key part of the partnership for Bally’s is a 58%
Brazil’s Congress blocks plan for retrospective gambling tax, but further attempt expected
Brazil’s Chamber of Deputies has reneged on a proposal for gambling operators to be subject to a retrospective 10-year tax, after Congress blocked the bill. The update came on Wednesday (October 8), after an amended
Shutdown silver lining? Your IPO review comes after investors buy in
With 90% of SEC staff furloughed, the agency announced on Thursday that it won’t penalize companies for omitting pricing details during the shutdown.
Flipkart’s Super.money quietly partners with troubled Juspay as it expands its reach
Super.money, the fintech arm of Flipkart, is looking to raise a round of funding at a $1 billion valuation, after securing $50 million from Flipkart to date.
While OpenAI races to build AI data centers, Nadella reminds us that Microsoft already has them
Microsoft CEO Satya Nadella offered a glimpse of the “first of many” massive Nvidia AI systems it is rolling out, starting now.