Competition
OpenAI, Meta, SpaceXAI Compete for More Cost-Efficient AI Models
Three prominent artificial intelligence developers released new models over the past week. They all promise to be more advanced, but their biggest immediate selling point may not be what they can do but how little they charge to do it.
Meta Building Prediction Market App That Wouldn’t Wager Money
Meta is developing a social prediction-market app using points, not real money, to leverage rising industry interest without financial risk.
Why Restoring Normal Traffic Through Hormuz Won’t Be Easy
The fragile reopening of the Strait of Hormuz faces multifaceted challenges, from mines and attacks to unclear authority, making a swift return to prewar energy flows slow and uncertain.
Race to Turn AI Compute Into a Commodity Spurs New Crypto Boom
Crypto firms are repurposing their trading infrastructure to build financial markets around AI computing power, treating it as an emerging commodity.
Polymarket Traders Clash Over $345 Million Iran Peace Market
Prediction markets struggle to resolve bets on ambiguous real-world events, exposing vulnerabilities in decentralized dispute mechanisms like UMA.
Strait of Hormuz traffic to return to normal as soon as August, Kalshi traders speculate
Prediction markets show surging odds for Strait of Hormuz traffic normalization after Trump's Iran deal announcement, despite lingering uncertainties.
This startup wants to reduce payment friction on prediction markets
Prediction markets' growth exposes banking system lag, driving EDGE Markets to debut real-time payment solutions for traders and institutions.
Nine Crypto Whales Dominate Polymarket Disputes Worth Billions
Polymarket's decentralized dispute system has concentrated power in nine wallets, undermining its credibility as a truth machine and raising market integrity risks.
Polymarket Is Said to Seek Japan Market Approval in Global Push
Polymarket is pushing to enter Japan's restrictive gambling market by 2030, betting on regulatory approval amid global legal and competitive pressures.
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'
OpenAI's reported imminent IPO filing has sharply reversed prediction market odds, positioning it to beat Anthropic in the race to become the first major AI company to go public.
Polymarket Trading Volume Declines for First Time Since August
Polymarket's operational stumbles and first volume drop in eight months highlight its struggle to maintain momentum as rival Kalshi surges ahead.
Kalshi Judge Predicts Tribe Will Win Block on Sports Contracts
A federal judge's ruling signals tribal nations may gain regulatory leverage over prediction markets under IGRA, challenging Kalshi's federal oversight argument.
