Meta plans AI-powered prediction market app Arena to rival Kalshi and Polymarket

Kalshi's rapid valuation surge highlights potential market volatility and competitive pressures, raising questions about long-term sustainability. The post Kalshi in talks to raise funds at $40B valuation, nearly doubling in two months appeared first on Crypto Briefing.

Qualcomm's partnership with Meta could redefine its market position, potentially challenging established data center chip leaders by 2029. The post Qualcomm secures Meta as first Big Tech customer for data center chips appeared first on Crypto Briefing.

While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.

Kalshi has entered talks to raise fresh capital at a valuation of about $40 billion, an 82% jump from the $22 billion valuation it secured less than two months ago. According to a Financial Times report citing people familiar with…

Qualcomm's strategic pivot to AI and data centers could redefine its market position, tapping into a $1.7 trillion opportunity by 2030. The post Qualcomm targets $15B in data center revenue by 2029 as investor day maps life beyond mobile appeared first on Crypto Briefing.

Illinois is set to institute a new tax on prediction markets next week that would take 15% of gross receipts from sports-related wagers.

AI company says the Chinese ecommerce giant used fake accounts to ‘extract’ chatbot’s capabilities

Announcement of deal along with higher revenue outlook boost shares as much as 15%