Former Republican congressman George Santos has received a first-of-its-kind lifetime ban from the prediction market platform Kalshi, which has also fined him $71,356 for violating its rules around insider trading and market manipulation. According to the notice of disciplinary action Kalshi posted today, the former politician placed trades in markets related to whether he would
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As data center developers compete for a cut of the hundreds of billions of dollars flowing into the artificial intelligence industry, the queue to join the UK’s power grid has become jammed with projects that will likely never get built. The snarl is exacerbating already years-long wait times for viable projects, and it’s messing with
Hello and welcome to Eye on AI. In this edition: OpenAI details two week training pause, more security controls following Hugging Face hack. Anthropic on course for $65 billion in annual revenue. OpenAI debuts ChatGPT for teens. Can AI models figure out the rules of the game? I’m just back from three weeks of vacation.
Twenty-eight-year-old Jacob Fortinsky has been busy. “I was a groomsman at two weddings this weekend,” he tells me over Zoom. Also, the sports trading company he runs, Novig, launched its prediction market last week, facilitating $18 million in trading volume on its first day. Today, Novig launches a “responsible trading framework” in its exchange rulebook,
Peptides advance little by little closer to the mainstream. On Thursday, a panel of experts narrowly recommended that the Food and Drug Administration reclassify four popular peptides, including one backed by podcaster Joe Rogan, to allow certain pharmacies to legally dispense them. In a sometimes emotionally charged meeting that lasted more than 11 hours, members
