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New York City Council Probes Prediction Markets Over Marketing Practices
New York City lawmakers are escalating scrutiny of the rapidly expanding prediction market industry, opening an investigation into whether platforms including Polymarket, Kalshi, Coinbase...
Claude AI Watermarks and the New Infrastructure Boom
Artificial intelligence is entering a new phase in which the technology is no longer defined only by increasingly capable models. The infrastructure supporting those...
Moove Joins Africa’s Unicorn Club With $2.1 Billion Valuation
Nigerian-born, UAE-headquartered mobility company Moove has joined Africa’s growing unicorn club after securing a $250 million Series C round that valued the company at...
Tencent Revenue Beats Estimates as Gaming and AI Advertising Lift Growth, but Profit Misses
Tencent posted better-than-expected second-quarter revenue as stronger growth in its China gaming business and AI-powered advertising helped offset weakness in international gaming, while higher...
CoreWeave Shares Jump 11% After AI Cloud Revenue Beats Estimates, Backlog Hits $104bn
CoreWeave shares jumped 11% in extended trading on Tuesday after the artificial intelligence infrastructure provider reported quarterly revenue above Wall Street expectations, highlighting continued...