Donald Trump Jr is a partner at the fund leading Polymarket’s new funding round. He is also a strategic adviser to Kalshi, Polymarket’s principal competitor. 1789 Capital is putting about $300m into a round of roughly $1bn that values Polymarket at $21…
Meta spent the first half of this year planning to replace much of the work its employees do with AI agents, then abandoned the most aggressive part of the plan when the technology did not deliver. Meta code-named the scheme Project OT, short for Organ…
Meta has become one of Anthropic’s largest customers, at the same time as Mark Zuckerberg has been attacking the company in public. At one point this year Meta internally projected that it could spend as much as $10bn a year on Anthropic’s models, The …
The US Justice Department has quietly rewritten a press release that said Chinese hackers had claimed victims across the Senate, the Federal Reserve, NASA and half a dozen other federal bodies. The revised version says those organisations were targets,…
The 25% tariff the United States imposed on advanced semiconductors in January comes with a carve-out that has kept it from touching the AI buildout, exempting covered products destined for American data centres. That exemption was always provisional, …
Huawei has bid to build AI data centres for the Egyptian government. The US State Department is now trying to assemble a rival consortium from Nvidia, AMD and Microsoft. The tender offer proposes exporting 1,408 of Huawei’s top-end Ascend 950-series ch…
Pennsylvania has sued Snap over Snapchat. The case rests on a 13-year-old account, opened on a new iPhone by an investigator in the attorney general’s office before the filing. What that account could reach is the evidence. Attorney General David Sunda…
Amazon is closing Mechanical Turk on 30 September. The marketplace is 21 years old, and it paid people a few cents at a time to do work that computers could not. Jeff Bezos once called it “artificial artificial intelligence”. A banner across the MTurk …
X Corp has sent cease-and-desist letters to Nitter, the open-source project that let people read X posts without an account. Nitter.net is offline and development has stopped. Its creator says he is seeking legal advice. XCancel, the best-known site bu…
Gatik has raised $200m in a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies. It is the largest financing in the autonomous trucking company’s history. Millennium Management, ARK Invest and Intact Private Capital also t…