Kalshi IPO Talk Shows Prediction Markets Are Moving Into Wall Street’s Mainstream
Kalshi has reportedly held early IPO talks as prediction-market revenue surges, showing how event contracts are moving toward Wall Street.
FT AI·
Musk’s largest rocket must prove it can routinely fly before the company can deliver on its biggest promises
Read full articleKalshi has reportedly held early IPO talks as prediction-market revenue surges, showing how event contracts are moving toward Wall Street.
SpaceX's ambitious space data center plans could revolutionize computing, but face significant technical and regulatory challenges. The post SpaceX’s $2.4T market value hinges on ambitious space data center plans appeared first on Crypto Briefing.
Amazon has withdrawn from distributing the Sam Altman biopic “Artificial” as OpenAI moves closer to a potential public listing. According to a report from Puck, Amazon has stepped away from the high-profile film project despite continuing discussions with the filmmakers…
Jio's IPO could redefine India's digital landscape, attracting global investors and accelerating the nation's tech-driven economic growth. The post Jio Platforms targets record $4B IPO in India appeared first on Crypto Briefing.
Jio Platforms filed for India's largest IPO, targeting $3.8 billion with backing from Meta, Alphabet, and KKR. Post-IPO valuation could reach $130-180 The post Jio Platforms prepares for India’s largest IPO with backing from Meta, Alphabet, and KKR appeared first on Crypto Briefing.
SpaceX’s blockbuster public debut has pushed Elon Musk’s net worth above $1 trillion while creating a new class of billionaires among the company’s earliest investors, executives, and institutional backers. According to CNBC, SpaceX shares remained about 37% above their $135…
With the market capitalization of AI companies soaring, US Senator Bernie Sanders is looking to give the American people a piece of the action. The veteran senator for Vermont has introduced the American AI Sovereign Wealth Fund Bill, aiming to give the public a 50 percent ownership in the largest AI companies in the US. It’s a timely move with both OpenAI and Anthropic preparing for the imminent IPOs. Sanders is not the only one pondering such a move. As the bill notes, OpenAI has proposed the creation of a “Public Wealth Fund” giving citizens a stake in “AI-driven economic growth,” while Anthropic has proposed a sovereign wealth fund to “shape the sector’s behavior.” President Trump’s advisors are also contemplating the possibility of the government grabbing a stake in major AI corporations, according to media reports. Sovereign wealth funds are not a new idea: Many administrations across the world have implemented them, notably Norway which has about $2 trillion in its wealth fund.
OpenAI has recruited two high-profile figures as it prepares for its public market debut: Noam Shazeer, one of the foundational architects of modern generative AI, and Dean Ball, a former Trump White House AI policy official. Shazeer announced his departure from Google DeepMind on Wednesday after more than two decades at the company, interrupted only […]