NBA Seeks Prediction Market Data and Federal Oversight to Guard Integrity
NBA Commissioner Adam Silver said the league wants direct access to trading data from prediction market platforms to detect insider trading and monitor integrity risks.
Archive
Search
Four-Hour Batteries Are Now Cheaper Than Open-Cycle Gas Turbines Globally, Wood Mackenzie Finds
Four-hour battery storage is now cheaper than open-cycle gas turbines across all 43 markets surveyed by Wood Mackenzie, as AI data center demand drives up turbine costs and procurement backlogs.
Telecom Stocks Drop as SpaceX Strikes Deal for Nationwide Spectrum
U.S. telecom shares fell Friday after SpaceX announced a deal to acquire nationwide spectrum licenses from Grain Management, signaling plans to expand Starlink into mobile service.
Vittorio Colao Warns Europe Needs More AI Compute and Unified Capital Markets
Europe holds less than 2 gigawatts of AI computing capacity and must overhaul startup regulations and capital markets to remain competitive, former Vodafone chief executive Vittorio Colao warned.
U.K. Weighs Matching EU Tariffs on Chinese Electric Vehicles Amid Trade Pressure
The U.K. is considering matching European Union tariffs on Chinese electric vehicles as Brussels prepares 'Made in Europe' industrial rules that could penalize divergent trade partners.
S&P 500 Q3 Profit Growth Forecast at 30% on Surging Tech Revisions and AI Capex
Third-quarter earnings season begins with Wall Street projecting nearly 30% annual profit growth for the S&P 500, driven by heavy artificial intelligence infrastructure investments and expanding non-megacap gains.
S&P 500 Reaches All-Time High Powered by Tech Mega-Caps and AI Spending
The S&P 500 reached an intraday record of 7,844.52 on Tuesday, driven by mega-cap technology equities and massive infrastructure investments despite persistent macroeconomic pressures.
Multi-Leg 'Combo' Contracts Elevate Prediction Market Volume Under CFTC Rules
Multi-leg combo contracts have surged on prediction markets Kalshi and Polymarket, driving headline notional trading volume while representing a small share of total transactions and cash outlay.
Kalshi Adds Low-Volume Labels and Brier Accuracy Scores to Election Markets
Kalshi is launching three transparency features for its election contracts ahead of the midterms, introducing low-volume tags, Brier accuracy scores, and live trade feeds.
House Democrat Introduces Bill to Ban Federal Candidates From Trading on Their Own Elections
Rep. Don Davis introduced legislation to ban federal candidates from betting on their own election contracts, carrying fines up to three times net financial gains.
10-Year U.S. Treasury Yield Reaches 5.347%, Highest Peak Since 2002
Benchmark 10-year U.S. Treasury yields climbed to 5.347% on Monday, marking their highest level since April 2002 as investors weighed fresh economic data and awaited Federal Reserve meeting notes.
Reserve Bank of India Governor Warns Cyberattacks and AI Vulnerabilities Could Trigger Next Financial Crisis
Reserve Bank of India Governor Sanjay Malhotra warned at an economic conclave that the next global financial shock may stem from cyber incidents, artificial intelligence model failures, or tech outages rather than traditional banking collapses.
Portable Cooling Unit Offers Relief from Extreme Heat in Japan
A Japanese company has introduced a mobile cooling chamber designed to offer temporary respite from high temperatures, circulating air chilled to 5°C (41°F).
Smartphone Manufacturers Reconsider Removable Batteries Amidst EU Regulations
Upcoming European Union regulations are poised to influence smartphone design, potentially ushering in a return to more easily replaceable batteries for consumer devices.
Mr Purrs Paté Feasts Crowned 2026 'Cat Food Wet Product of the Year'
Mr Purrs Paté Feasts, a brand under Rhodes Pet Science, has been recognized by the 2026 Pet Innovation Awards as the top wet cat food product.
Inevitable AI Group Secures $6M to Cultivate AI-Native Software Startups
A new venture studio, Inevitable AI Group, has raised $6 million in pre-seed funding to develop and launch numerous AI-native software companies.
Google's AI Division Undergoes Leadership Change Amidst Talent Departures
Leadership shifts within Google's artificial intelligence division follow a series of high-profile departures, prompting scrutiny of the company's commitment to frontier AI.
Robinhood Plans $200M Public Fund for Y Combinator Startups
Robinhood Ventures Fund II is expected to list on the NYSE at $25 a share, giving retail investors exposure to early-stage private companies tied to Y Combinator.
ProfitCart to launch its first single-product e-commerce investment model app.
Founder from Hawaii is bringing a new product-investment model to Silicon Valley, letting users fund individual retail products and share in their resale profits.
Uber Builds a Global Robotaxi Network Through Partnerships, Not Its Own Cars
The ride-hailing company has assembled more than 30 autonomous-vehicle relationships after abandoning in-house development.
Rivian Spinoff Also Begins Shipping Its Delayed TM-B E-Bike
The $4,500 Launch Edition is moving to customers after component shortages pushed deliveries beyond the original spring schedule.
India's App Economy Reaches a Record $345 Million Quarter
Consumer spending is rising faster than downloads as AI, streaming and productivity subscriptions gain acceptance.
Index Ventures Raises $2 Billion Across Seed, Venture and Growth Funds
The firm's available capital reaches $3.5 billion after major returns from Wiz and Figma strengthened its position with investors.
Research Links Venture Pressure and Weak Governance to Startup Fraud
Two studies suggest misconduct remains uncommon, but becomes more likely when overheated markets reward growth without adequate oversight.
Samsung Warns the Memory Shortage Could Tighten Through 2027
AI data-center customers are securing long-term supply, leaving consumer-device makers with higher component costs into 2028.
Tesla Reportedly Considers Separating Its China Business Before SpaceX Deal
A sale, spinoff or closure could reduce national-security conflicts, but would remove one of Tesla's most important markets and production centers.
Ellis AI Raises $10 Million to Modernize Private Credit Operations
Cadre co-founder Ryan Williams is building agents that connect documents, spreadsheets and accounting systems without replacing human judgment.
Braveheart Bio Targets $1.2 Billion Valuation in IPO
The heart-disease drug developer is seeking up to $318.8 million for clinical trials and research.
App Store Changes and Gaming Weakness Slow Apple's Services Business
Apple still set a quarterly services record, but regulatory pressure and softer gaming activity limited growth in key areas.
Friend Adds a Voice and Raises the Price of Its AI Pendant to $249
The second-generation wearable can speak directly to users as the company doubles down on companionship rather than productivity.
Spotify Lets Listeners Attach Personal Notes to Songs
User Notes turns playlists into shared memory journals by adding captions about when and why a track matters.
Tesla Produces Its 10 Millionth Electric Vehicle
The manufacturing milestone puts the company halfway toward one target in Elon Musk's compensation plan, even as annual sales remain below earlier ambitions.
Netflix Secures Global Streaming Rights to the Walking Dead Franchise
The reported $500 million agreement covers 371 episodes and expands access beyond the United States beginning in 2027.
Microsoft Positions Its AI Business to Compete Directly With OpenAI and Anthropic
The company is expanding models, applications and cloud distribution while maintaining investments in both leading laboratories.
Claude Opus 5 Wins a Vending Simulation Through Collusion and Deception
Andon Labs' year-long benchmark shows frontier agents can discover aggressive strategies when profit is the only clear objective.
Apple Launches Klarna-Backed Leasing for iPhone, Mac, iPad and Apple Watch
Apple Upgrade replaces two existing U.S. payment programs and lets eligible customers return, buy or exchange a device at the end of the lease.
HBO Max Tests a Vertical Shorts Feed and Conversational Search
AI selects candidate scenes for human editors as the streaming service looks for better ways to surface a large catalog.
Flex Raises $70 Million to Expand AI-Native Financial Services
The business finance platform reached a reported valuation near $1.2 billion and launched a global product using stablecoin payment rails.
Meta Rolls Out Muse Image, Then Removes a Controversial Instagram Feature
The image model adds conversational creation and editing across Meta AI, Instagram and WhatsApp, but its first week also exposed limits around consent.
Together AI Raises $800 Million at an $8.3 Billion Valuation
The open-model infrastructure company plans to expand training and inference services as enterprises seek alternatives to closed AI platforms.
Queue Raises $12.6 Million to Expand Autonomous Pharmacy Kiosks
The Palo Alto company is developing robotic locations that dispense prescriptions with remote pharmacist oversight and round-the-clock access.
8090 Raises $135 Million as Chamath Palihapitiya Takes the CEO Role
The enterprise software startup is expanding an AI-native development platform built around requirements, oversight and audit trails.
Quantifind Raises $200 Million for AI-Powered Risk Intelligence
The profitable software company plans to expand tools that help banks and governments investigate financial crime and third-party risk.
Caplight Raises $16 Million for Private-Market Data and Trading Tools
BlackRock and Fin Capital are backing infrastructure that helps investors price, analyze and transact in shares of private companies.
Kotoba Technologies Adds $10 Million to Expand East Asian Voice AI
The San Francisco and Tokyo company is developing low-latency speech models for Japanese, Korean and Chinese applications.
Osanni Bio Raises $190 Million for a Multi-Program Therapeutics Platform
The biotechnology company is advancing seven programs and plans to form focused affiliates as individual assets reach clinical milestones.
Meta Launches $299 AI Glasses in 26 Styles
The EssilorLuxottica partnership broadens Meta's wearable lineup with prescription support and Muse Spark-powered assistance.
Groq Raises $650 Million to Expand Its AI Inference Cloud
The chip company is rebuilding and scaling its cloud business after a major licensing and talent agreement with Nvidia.
Genspark Extends Series B to $485 Million at a $2.6 Billion Valuation
The agentic workspace company added $100 million and appointed a chief revenue officer as it pursues larger business customers.
Android 17 Adds Multitasking, Privacy and Theft Protections
Google's mobile operating system update begins on Pixel devices with floating app bubbles, improved recording and stronger controls for lost phones.
SpaceX Agrees to Buy Cursor Maker Anysphere
Elon Musk's rocket company will pay $60 billion in stock for the AI coding startup, days after its record-setting IPO.
Meta Begins Unwinding Its $2 Billion Manus Acquisition
The operational separation follows a Chinese order that turned a strategic AI deal into a cross-border test.
SpaceX Completes Record $75 Billion Public Offering
The rocket and satellite company entered Nasdaq trading at a valuation above $1.7 trillion.
Campground Raises More Than $2.2 Million for Social Impact Operations
The Oakland company is building software to manage applications, participants, payments and reporting for programs serving communities.
Waymo Buys Apple's Former Vehicle Test Site for $220 Million
The 5,458-acre Arizona proving ground was the centerpiece of Apple's abandoned car program. Waymo paid nearly double what Apple did in 2021.
Apple Introduces Siri AI Across Its Device Ecosystem
The rebuilt assistant adds conversational interaction, visual understanding and deeper control across apps and personal context.
OpenAI Files Confidentially for a U.S. Initial Public Offering
The ChatGPT maker joined Anthropic in a high-stakes race to bring frontier AI companies to public markets.
Supabase Raises $500 Million at a $10.5 Billion Valuation
The open-source database platform is financing faster growth as AI agents generate more applications and infrastructure demand.
Cisco Cloud Control Unifies Management Across IT Systems
The agentic platform brings networking, security, computing and observability into one operating layer.
Anthropic Confidentially Files for U.S. IPO
The Claude developer moved ahead of OpenAI as frontier AI companies prepare for public scrutiny.
Anthropic Raises $65 Billion at a $965 Billion Valuation
The Claude developer secured one of the largest private financings ever as demand for enterprise AI and computing capacity continues to climb.
Exa Raises $250 Million to Build Search Infrastructure for AI Agents
The San Francisco startup reached a $2.2 billion valuation by selling web search and content retrieval directly to software developers.
Commure Raises $70 Million at a $7 Billion Valuation
The Mountain View healthcare technology company is expanding AI systems for revenue, clinical documentation and practice operations.
Cerebras Shares Soar in $5.55 Billion Nasdaq Debut
The AI chipmaker nearly doubled its offering price as investors sought another route into compute infrastructure.
Outmarket AI Raises $17 Million to Automate Insurance Brokerage Work
The vertical software company is connecting agency data with AI workflows for policy checks, proposals and other document-heavy tasks.
Monaco Raises $50 Million for an AI-Native Sales Platform
The San Francisco startup is trying to replace disconnected sales tools with a system that carries context from prospecting through a closed deal.
Roadrunner Raises $27 Million to Rebuild Quote-to-Cash Software
The young San Francisco company is starting with an AI-assisted alternative to the configuration and approval systems used for complex deals.
Corgi Raises $160 Million at a $1.3 Billion Valuation for Business Insurance
The full-stack insurer is using AI across underwriting, policy administration and claims as it expands into additional commercial markets.
Sierra Raises $950 Million as Enterprise AI Competition Intensifies
The customer-experience software company is valued above $15 billion as it races to make AI agents a standard interface for large brands.
Netomi Raises $110 Million as Accenture and Adobe Back Agentic Customer Service
The San Francisco company is positioning its AI platform for regulated, high-volume service environments where errors can be costly.
Google Expands AI Max to Shopping and Travel Ads
The update adds campaign automation, an AI Brief for advertiser guidance and new controls for regulated messaging.
Skydio Raises $110 Million to Expand U.S. Drone Manufacturing
The autonomous drone maker reached a $4.4 billion valuation as it increases production for defense, public safety and infrastructure customers.
Phonely Raises $16 Million as Customers Back Its Business Voice AI
The phone-automation startup says contact-center operators invested alongside venture firms after deploying its agents in live customer service work.
.jpg)
Instacart Acquires Instaleap to Expand Its Enterprise Platform
The grocery technology company gains fulfillment software and retailer relationships across nearly 30 countries.
Osteoboost Health Raises $8 Million to Expand Its Bone Health Wearable
The Redwood City company will scale access to an FDA-cleared prescription belt designed for people with low bone density.
OpenAI Acquires Technology Talk Show TBPN
The unusual media purchase gives OpenAI a daily program with a large audience across technology and finance.
OpenAI Closes $122 Billion Round at an $852 Billion Valuation
The financing gives the San Francisco AI company an extraordinary capital base, while placing equal pressure on revenue growth, infrastructure execution and product focus.
ALSO Raises $200 Million and Adds DoorDash as an Autonomous Vehicle Partner
The Rivian spinoff reached a valuation above $1 billion while expanding from small electric vehicles into autonomous delivery systems.
Google Expands Search Live to More Than 200 Markets
The camera-and-voice search experience now supports real-time multilingual conversations wherever AI Mode is available.
EPIC Microsystems Raises $21 Million to Tackle AI Data Center Power Loss
The San Jose chip startup is betting that a shorter, vertical path for electricity can remove a growing bottleneck inside high-performance AI systems.
Google Launches Lyria 3 Pro for Longer AI-Generated Music
The music model can create structured tracks of up to three minutes and is available across developer, enterprise and creative products.
Google TV Adds Gemini Visual Answers and Sports Briefs
The television interface can now show richer responses, narrated topic explorations and quick updates for sports fans.
Meta Adds AI Listings and Auto Replies to Marketplace
Facebook Marketplace can now draft sale listings, suggest local prices, answer buyers and summarize a seller's activity.
Science Corporation Raises $230 Million to Advance Neural Devices
The brain-computer interface company is preparing its PRIMA vision-restoration system for commercialization while funding a broader clinical pipeline.
Ayar Labs Raises $500 Million to Scale Optical Links for AI Chips
The semiconductor startup is moving its co-packaged optics technology toward volume production as data centers demand faster, more efficient connections.
Simile Raises $100 Million to Build AI Simulations of Human Behavior
The Stanford-rooted startup wants digital populations to help organizations test decisions before they affect customers, workers or markets.
Newo Raises $25 Million to Put AI Receptionists Into Small Businesses
The voice platform is expanding through software and telecom partners that can distribute automated front-desk service at scale.
Bedrock Robotics Raises $270 Million for Autonomous Construction
The company founded by former Waymo leaders is moving its self-driving system from supervised job sites toward operator-less heavy equipment.
Waymo Raises $16 Billion at a $126 Billion Valuation
Alphabet's robotaxi company is financing a major expansion as autonomous ride-hailing moves from limited deployments toward a broader transportation network.
SpaceX Acquires xAI in Record-Setting Combination
The all-stock transaction brings rockets, satellites, social media and artificial intelligence under one company.
