BETS OFF Act targets controversial political prediction markets

0 Comments

U.S. lawmakers on Tuesday (March 17) rolled out new legislation aimed at shutting down certain prediction markets that allow people to wager on geopolitical developments, government decisions, and other real-world events. Sen. Chris Murphy and Rep. Greg Casar introduced what they call the Banning Event Trading on Sensitive Operations and Federal Functions Act, or the […]


Gecko Robotics brings AI to Navy ship repair to boost fleet readiness

0 Comments

Gecko Robotics, a Pittsburgh-based robotics startup, on Tuesday announced a $71 million deal with the U.S. Navy to cut down ship repair time as the government races to reindustrialize America’s aging defense systems. The company said its robots — capable of flying, swimming and climbing critical infrastructure — use cameras and sensors to condense a […]


PEGI updates video game age ratings for online safety

0 Comments

Europe’s video game ratings system is preparing a major update that changes how it judges modern games and their online features. Pan European Game Information, better known as PEGI, says it will expand its classification criteria starting in June 2026. This will apply to games submitted for rating from that point forward and will look […]


Meta signs $27 billion deal with Nebius for AI infrastructure

0 Comments

In an aerial view, a billboard advertising an artificial intelligence (AI) company is posted on Sept. 16, 2025 in San Francisco, California. Justin Sullivan | Getty Images Meta has signed a new long-term agreement to spend up to $27 billion on Dutch cloud provider Nebius‘ AI infrastructure, the company announced on Monday. Over the next […]


Bipartisan POINTS Act targets gambling addiction funding

0 Comments

A group of Republican and Democratic lawmakers in the U.S. House has rolled out new legislation designed to expand prevention, treatment and recovery services for people struggling with gambling addiction. The proposal is said to be one of the most significant federal attempts in more than a decade to address the growing public health concerns […]


A closer look at Nvidia’s $20 billion bet on tech for a new AI chip

0 Comments

On the day before Christmas, when few stocks were stirring, a pricey and pivotal transaction jolted the AI computing race: Nvidia was spending a reported $20 billion to license technology from chip startup Groq and hire key employees, including its CEO, who previously helped Google create what’s become the leading alternative to Nvidia’s AI processors. […]


CFTC advisory sports prediction markets a ‘pragmatic shift’

0 Comments

A new advisory from the US Commodity Futures Trading Commission (CFTC) could potentially reshape the debate around sports prediction markets. As platforms continue to offer contracts tied to real-world outcomes, from elections to the Super Bowl, regulators are signaling they may be willing to oversee the industry rather than shut it down altogether. For years, […]


Uber ex-CEO Kalanick rebrands latest venture Atoms, move into robotics

0 Comments

Travis Kalanick, chief executive officer of City Storage Systems, during the Future Investment Initiative Institute Priority conference in Miami, Florida, Feb. 21, 2025. Zak Bennett | Bloomberg | Getty Images Uber founder and ex-CEO Travis Kalanick has renamed his latest venture as Atoms and said on Friday that he’s expanding beyond food and into mining […]


Prediction market ads raise responsible gaming concerns

0 Comments

Legal sports wagering in the United States keeps expanding as the NCAA basketball tournaments approach, but the industry’s main trade group says a new wave of prediction market advertising could complicate oversight and weaken consumer protections. Fresh estimates from the American Gaming Association (AGA) show Americans are on track to legally bet about $3.3 billion […]


Palantir tech gives West critical edge in Middle East: CEO Alex Karp

0 Comments

Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capabilities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that […]