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.
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.
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.
Virtu Starts Trading on Kalshi as Event Bets Draw in Wall Street
Institutional market-makers like Virtu Financial are entering prediction markets, legitimizing them as a new asset class despite ongoing regulatory and legal uncertainties.
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, Polymarket Face New Rival in Crypto’s Hottest Exchange
Hyperliquid's expansion into prediction markets challenges Kalshi and Polymarket by leveraging its integrated multi-asset platform to blur the lines between derivatives and event trading.
Most Prediction Market Traders Are Losing Money While Bots Rack Up Gains
Prediction markets are promoted as a side hustle, but data shows most retail traders lose money as automated bots capture profits.
Insider Trading Cases Threaten Reckoning for Prediction Markets
Prediction markets boom amid insider trading allegations, triggering White House skepticism and heightened regulatory scrutiny.
Polymarket Loses Prediction-Market Lead After Delays, Blowback
Polymarket's disruptive, crypto-native strategy is hindering its US expansion, allowing the more regulator-friendly rival Kalshi to overtake it in trading volume and valuation.
Mandelson Vetting Fiasco Leaves Starmer Looking Like Lame Duck
Keir Starmer's authority is eroding under the weight of the Mandelson scandal, leaving him politically vulnerable ahead of crucial local elections.
Criminal Charges Amp Up Growing State Resistance to Kalshi
Prediction markets’ rapid growth has triggered a jurisdictional clash as state regulators and attorneys general escalate civil and criminal actions against platforms.
