The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.
Category: Venture Capital
-
Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?
The New York Times – Business: -
Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?
The New York Times – Business:The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.
-
Biden’s Antitrust Enforcers Are Starting an A.I. Legal Company
The New York Times – Business:Jonathan Kanter and Doha Mekki, who led the Justice Department’s antitrust division under President Biden, have co-founded a start-up that makes an A.I. tool for litigators.
-
Who Stands to Gain from an Anthropic I.P.O.
The New York Times – Business:Wall Street banks and chipmakers are among those who look set to capitalize on the artificial intelligence giant’s public trading debut.
-
He Was a Tech Investor Before There Was a Silicon Valley
The New York Times – Business:Bill Draper began funding start-ups in the early 1960s, when the Santa Clara Valley was better known for apricot orchards than microchips. He has died at 98.
-
College Students Flex Their Power in A.I. Investment Frenzy
The New York Times – Business:Dorm Room Fund, a program that lets college students invest in their peers, raised a new $50 million fund as the competition for young founders ramps up.
-
Investors Are Betting On Devices That Connect the Brain to Computers
The New York Times – Business:By backing Precision Neuroscience, the billionaire Bill Ackman joins Elon Musk and Jeff Bezos in diving into an emerging industry.
-
In Silicon Valley, Hardware Is Having a Moment Again
The New York Times – Business:As A.I. transforms the technology industry, venture capital is flowing into “deep tech” start-ups that build robots and semiconductors.
-
OpenAI Considers New Financing at a $1.5 Trillion Valuation
The New York Times – Business:The funding round would double the value of the start-up behind ChatGPT and establish it as the world’s most valuable private company.
-
Inside the $440 Million Collapse of Guidepost Montessori
The New York Times – Business:A man with a vision set out to revolutionize preschool. It became a $440 million fiasco.
-
Clay, an A.I. Sales Tool Provider, Raises $115 Million
The New York Times – Business:The round was led by Wellington Management, a firm known for investing in start-ups on the path toward potential initial public offerings.
-
French A.I. Start-Up Mistral Raises $3.5 Billion as Part of Strategy Shift
The New York Times – Business:Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.