AI startups are eating the venture industry and the returns, so far, are good
AI startups accounted for 41% of the $128 billion in venture dollars raised by companies on Carta last year — a record-high annual share.
Kalshi and Gambling Is Not Investing clash over March Madness bets as ‘Mick’s Picks’ campaign launches
A public clash between prediction market platform Kalshi and the advocacy group Gambling is Not Investing is playing out alongside March Madness, with fresh comments from Kalshi leadership adding fuel to the debate.
Kalshi reportedly raises $1B at $22B valuation in funding amid regulatory pressure
Kalshi is said to have pulled in more than $1 billion in a fresh funding round, pushing its valuation up to about $22 billion, according to sources cited by The Wall Street Journal. This appears to be a sharp jump
MLB and CFTC strike integrity pact as league taps Polymarket for prediction markets
Major League Baseball (MLB) has teamed up with the US Commodity Futures Trading Commission (CFTC) in a new effort to keep a close watch on the booming world of sports prediction markets, according to a release from
Cyberattack on vehicle breathalyzer company leaves drivers stranded across the US
A cyberattack on a U.S. car breathalyzer company has left drivers across the United States reportedly stranded and unable to start their vehicles.
Amazon working on new smartphone with Alexa at its core, report says
The device is being developed by the company’s Devices and Services division, and it would feature personalized features aimed at making it easier to use Amazon’s suite of apps, including Amazon
Major drugs, cash, and gambling machines seized in Johnston County raid investigation
Authorities in Johnston County say a joint operation this week uncovered a large stash of drugs, illegal alcohol, cash and gambling equipment at a Benson property. Deputies with the Johnston County Sheriff’s Office
Hard Rock Bet adds AI Insights to personalize sports wagering experience
Hard Rock Bet has introduced a new artificial intelligence feature designed to change how people approach sports wagering, rolling out a tool that pairs tailored analysis with betting odds. In a statement initially
Logitech Takes Aim at Bulky Boardroom Gear With AI Cameras
Logitech’s Rally AI cameras combine AI-driven framing, flexible mounting, and room analytics in a compact alternative to traditional conferencing hardware. The post Logitech Takes Aim at Bulky Boardroom Gear With AI
The best AI investment might be in energy tech
Power has become one of the biggest bottlenecks in rolling out new AI data centers. That’s creating an opening for investors.