The Credibility Trade
In eighteen months, Kalshi and Polymarket went from "better than the polls" to paying 15-year-olds to promote betting and hosting nuclear death pools. Both are now targeting $20 billion valuations. The election wasn't the business. It was the ad.
Caitlin Kalinowski, OpenAI's head of hardware and robotics, resigns over concerns about domestic surveillance and autonomous weapons after OpenAI's DOD contract
Caitlin Kalinowski, who had been leading hardware and robotic engineering teams at OpenAI since November 2024, announced she has left the company.
Google and Amazon join Microsoft in saying they will keep working with Anthropic on non-defense projects after DOD designated Anthropic a supply chain risk
https://www.cnbc.com/...Sasha de Marigny:Thank you, Google, for your leadership, partnership and continued support. — https://lnkd.in/...
Sources: Palmer Luckey's ModRetro, which wants to sell updated versions of 1990s consoles like the Nintendo 64, is in talks to raise funding at a $1B valuation
From AI weapons to Game Boys, defence tech billionaire is in talks to raise funds for new gaming venture ModRetro
Leading the Future, a pro-AI PAC backed by Palantir-cofounder Joe Lonsdale, hit pro-regulation Democrat Alex Bores with attack ads over Bores' work for Palantir
NEW YORK CITY — Alex Bores had known for a while that a political operation called Leading the Future, funded …
Iran targeting commercial datacenters in the UAE and Bahrain signals a new frontier in asymmetric warfare and raises doubts over the Gulf as a global AI hub
Iran's targeting of commercial datacentres in the UAE and Bahrain signals a new frontier in asymmetric warfare
A profile of Simile, which offers “agentic twins” modeled on real people to provide answers for polling and market research for companies like CVS and Gallup
AI startup Simile offers ‘agentic twins’ modeled on real people to provide answers for polling and market research
A look at the rivalry between Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan, who have competing visions for how prediction markets should grow
There's one word Kalshi CEO Tarek Mansour is loath to say: Polymarket. — Like a politician swiping his never-to-be-spoken …
China's commerce ministry warns of global chip shortages due to “new conflicts” between Dutch chipmaker Nexperia and its Chinese subsidiary
China's commerce ministry on Saturday raised the possibility of another global semiconductor supply chain crisis due to “new conflicts” …
The US' February jobs report shows the tech sector's post-2022 job losses are now outpacing past downturns in 2008 and 2020
- Tech industries are losing their strength. — One economist said tech job losses outpaced the past two recessions. — Still, there is weakness in other areas of the job market.
Financial figures shared with prospective investors: Anduril expects its revenue to grow 100% in 2026 to ~$4.3B, and its operating loss to rise by ~50% to $1.2B
Weapons maker Anduril expects to roughly double revenue this year to about $4.3 billion, while its operating loss would rise …
Roblox says it paid out $1.5B to game creators in 2025 and the top 1,000 earned $1.3M on average; 50%+ of creators list high school as their highest education
Roblox creators are raking in hundreds of thousands a month from simple games like ‘Fisch,’ even as major studios cut jobs and cancel blockbusters.
Google's TIG documented 90 zero-day vulnerabilities exploited in 2025, up from 78 in 2024; commercial spyware vendors and China-linked groups led the abuse
Of the 90 zero-days GTIG tracked in 2025, 43 hit enterprise tech — Zero-day exploitation targeting enterprise tech products reached …
Sources: online DTC luxury brand Quince is in talks to raise funding at a $10B+ valuation, up from $4.5B in July; its annualized revenue run rate has hit ~$2B
Online retailer Quince is in talks with investors to raise a funding round that would value the company at above $10 billion after the investment …
China's smartphone market is seeing one of its widest price hikes as memory chip crunch deepens; Meizu announces it will suspend developing new mobile hardware
TOKYO — China's smartphone market is seeing one of its biggest and widest price hikes ever, affecting almost all brands and product categories …
The Trump administration debuts its cyber strategy, outlining priorities including promoting offense operations, securing AI tech, and streamlining regulations
The administration also released an executive order on cybercrime and fraud. — Learn more.
US investors are pushing Asian fund managers to create special vehicles so they can invest in Asia while avoiding US investment restrictions on Chinese tech
Institutional clients increasingly want so-called parallel funds that exclude certain assets — US investors are increasingly …
Alphabet gives Sundar Pichai a new three-year pay deal worth up to $692M, with stock incentives worth as much as $350M linked to the growth of Waymo and Wing
In a Twitter shareholder trial, former CEO Parag Agrawal and CFO Ned Segal disputed Musk's claims that they lied to him about the percentage of spam accounts
A draft guidance from the US GSA tightens rules for civilian AI contracts to require AI companies to allow “any lawful” use by the government of their models
The Trump administration has drawn up tight rules for civilian artificial intelligence contracts that would require AI companies …
Sources: the US believes Chinese state-affiliated hackers breached an FBI computer network that holds information related to some domestic surveillance orders
The FBI said it has addressed ‘suspicious activities’ on its networks — U.S. investigators believe hackers affiliated …
Sources: Oracle and OpenAI abandoned plans to expand a Stargate Texas data center amid financing disputes; Meta considers leasing the planned expansion site
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged …
The Pentagon is right in trying to coerce Anthropic as AI may become a superweapon and nation-states must have a monopoly on the use of force
They like to ignore the fact that the actual discussion is whether a technology with a 5% hallucination rate should make decisions about who to kill or not. …
Sources: AI chipmaker Cerebras could raise ~$2B in its IPO as soon as April; it withdrew its previous IPO registration in October, nearly a year after filing
IDC: India's PC market had its strongest year on record in 2025, with shipments up 10.2% YoY to 15.9M units; commercial buyers accounted for 52.9% of shipments
How Cursor is evolving through its Composer coding models built on Chinese open models, as coding agents like Claude Code threaten to make code editors obsolete
After becoming the hottest, fastest growing AI coding company, Cursor is confronting a new reality: developers may no longer need a code editor at all.
Anthropic launches Claude Marketplace, letting companies buy third-party software using some of their committed annual spending on Anthropic's services
Anthropic PBC is launching a new platform for its corporate customers to purchase third-party software, broadening the AI developer's offerings …
Q&A with Block CEO Jack Dorsey on laying off 40% of the company's workers, wanting Block to “feel like a mini AGI”, his take on Elon Musk's X, and more
Marvell stock closed up 18.35% on Friday after the company reported Q4 revenue up 22% YoY to $2.2B and issued strong guidance citing growing AI demand
OpenAI rolls out Codex Security, an AI agent that evolved from its research project Aardvark to automate vulnerability discovery, validation, and remediation
OpenAI is rolling out Codex Security, an AI-powered application security agent that finds, validates and proposes fixes for vulnerabilities.
Nintendo of America sues the US government, seeking a refund with interest for tariffs that the company says Trump implemented in “unlawful” EOs
Nintendo of America is suing the United States government over the sweeping tariffs President Donald Trump put in place last year …
Pentagon names ex-DOGE employee Gavin Kliger as Chief Data Officer to lead its AI efforts; Kliger previously reposted white supremacist Nick Fuentes' content
OpenAI says it is delaying the launch of ChatGPT Adult Mode, originally planned for Q1, to focus on higher priorities, like gains in intelligence
Source: the 2024 cyber-attack by the Scattered Spider group on Transport For London resulted in the theft of personal data of ~10M people
Mozilla says Claude Opus 4.6 found 100+ bugs in Firefox in two weeks in January, 14 of them high-severity, more than the bugs typically reported in two months
Robinhood's $658M venture fund drops 16% in its public market debut on the NYSE; the fund offers retail investors access to private companies like Databricks
Hayden AI, which raised $180M for its traffic management system, sues its ex-CEO Chris Carson Jr. for allegedly using its data to start a competitor and more
Sources: SoftBank is seeking a bridge loan of up to $40B, its largest-ever borrowing denominated solely in dollars, to help finance its investment in OpenAI
Filing: the US SEC settles with Tron founder Justin Sun over a 2023 case that alleged securities fraud; Tron-affiliated company Rainberry will pay the $10M fine
Microsoft's new gaming CEO, Asha Sharma, teases the next-gen Xbox, codenamed Project Helix, saying it “will lead in performance and play your Xbox and PC games”
The FBI arrests the son of a federal contractor who managed critical services and charges him with stealing ~$46M in crypto from the US Marshals Service
Interview with Pentagon AI head Emil Michael on his view that Anthropic leaked negotiations to the press to win anti-Trump users, dealing with Amodei, and more
what if this software went down? Some guardrail kicked up? Some refusal happened for the next fight like this one and we left our people at risk?” “I went to @SecWar @PeteHegseth and told him what ...
Sources: Kalshi and Polymarket are each eyeing valuations of ~$20B in fundraising talks; Kalshi was valued at $11B in December and Polymarket at $9B in October
Prediction market rivals are speaking to investors about roughly doubling their previous valuations
How prediction markets Kalshi and Polymarket are aggressively targeting college students through fraternity partnerships and student influencers
The House always wins. The same is not true for the Frat House.Ethan Gach /Kotaku:Kalshi Reportedly Paid 15-Year-Old Gamer To Promote Online Betting Until Its Legal Department Said Please Don'tStatel...
President Trump signs an EO aimed at fighting cybercrime, directing officials to identify robust tools to combat transnational criminal organizations
Catherine Lucey /Bloomberg: