Technology
Arizona attorney general Kris Mayes has filed criminal charges against prediction market platform Kalshi for allegedly operating an illegal gambling business in the state without a license and for election wagering. The 20-count complaint, filed in Maricopa County court on Tuesday, accuses the company of engaging in unlicensed gambling activities, claiming that the site “accepted…
After their dramatic falling-out, it doesn’t seem as though Anthropic and the Pentagon are getting back together. Instead, the Pentagon is building tools to replace Anthropic’s AI, according to a Bloomberg conversation with Cameron Stanley, the chief digital and AI officer at the Pentagon. “The Department is actively pursuing multiple LLMs into the appropriate government-owned…
From a budget-friendly MacBook to a new iPhone, Apple announced a series of new products this month. The tech giant started things off on March 2 with the new iPhone 17e and the M4 iPad Air. A day later, Apple announced the M5 MacBook Air, new MacBook Pro models, new M5 Pro and M5 Max…
The AI-powered design platform Picsart is launching an AI agent marketplace, allowing creators to “hire” AI assistants to help them with specific tasks, like resizing and remixing social content, or editing product photos on Shopify. With over 130 million worldwide users that skew Gen Z, Picsart is like a more advanced Canva for social media…
The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly, per the WSJ. Chatter about making the 50-plus-year-old quarterly requirement optional has picked up steam in the past year, as companies lament the cost and burden of preparing for quarterly earnings. The requirement is…
Nvidia CEO Jensen Huang threw out a lot of numbers — mostly of the technical variety — during his keynote Monday to kick off the company’s annual GTC Conference in San Jose, California. But there was one financial figure that investors surely took notice of: his projection that there will be $1 trillion worth of…
There is a new key term to know as part of this artificial intelligence revolution, at least according to Antonio Gracias, the founder of Valor Equity Partners. While chatting at this year’s Upfront Summit in Los Angeles, he spoke about the term he coined — proentropic — a descriptor for startups designed to thrive in…
Two Netflix films, “Frankenstein” and “KPop Demon Hunters,” won multiple Academy Awards tonight. Director Guillermo del Toro’s reimagining of “Frankenstein” won for Best Production Design, Best Costume Design, and Best Makeup and Hairstyling, while Netflix’s most-watched movie ever “KPop Demon Hunters” won for Best Animated Feature and Best Original Song. In recent years, films produced…
In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge: a public commitment, open to the world’s wealthiest people, to give away more than half their fortune during their lifetime or upon their death. The moment seemed to call for it. Tech was minting billionaires faster than any…
ByteDance has paused plans to launch its new AI video model globally, according to a report in The Information. The Chinese company, best known as TikTok’s parent organization (and now a minority shareholder in its U.S. spinoff), launched Seedance 2.0 in China back in February. Brief videos generated by the model, including a clip featuring…
