Prediction market users have made — and profited from — big bets around the bombing of Iran by the U. On Polymarket, $529 million was traded on contracts tied to the timing of the attack, according to Bloomberg. An analysis by analytics firm Bubblemaps SA found that six newly-created accounts …

China’s humanoid robots grabbed global attention with kung fu flips at the nation’s televised Spring Festival Gala, while Chinese phone maker Honor is set to unveil its first humanoid robot at MWC in Spain. Robotics was flagged as a priority under the country’s “Made in China 2025” plan, albeit originally …

Xiaomi today launched a slew of gadgets ahead of the Mobile World Congress (MWC) in Barcelona including a camera-focused flagship smartphone, an AirTag clone, Xiaomi Watch 5 smartwatch, and an ultra slim power bank. The China-based company has partnered with camera maker Leica to co-brand its Xiaomi 17 Ultra smartphone. …

OpenAI CEO Sam Altman announced late on Friday that his company has reached an agreement allowing the Department of Defense to use its AI models in the department’s classified network. This follows a high-profile standoff between the DoD — also known under the Trump administration as the Department of War …

It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that …

Anthropic’s chatbot Claude seems to have benefited from the attention around the company’s fraught negotiations with the Pentagon. As first reported by CNBC, as of Saturday afternoon, Claude is currently ranked number two among free apps in Apple’s US App Store — the number one app is OpenAI’s ChatGPT, and …

The streaming and entertainment industry just witnessed one of its most high-stakes megadeals ever, stunning industry observers. Not only is it historic in its size, but it is also predicted to disrupt Hollywood and the media business as we know it. After years of Warner Bros. Discovery struggling under the …

Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were being financially disciplined. Now reporting in …

Friday afternoon, just as this interview was getting underway, a news alert flashed across my computer screen: the Trump administration was severing ties with Anthropic, the San Francisco AI company founded in 2021 by Dario Amodei. Defense Secretary Pete Hegseth had invoked a national security law to blacklist the company …

Plaid, a company that connects financial applications to users’ bank accounts, enabling payments and data verification, has allowed employees to sell some of their shares at an $8 billion valuation, the company confirmed to TechCrunch on Thursday. The valuation represents a 31% increase from the $6. 1 billion valuation the …