Prediction market Kalshi disclosed Wednesday that it had suspended two users — an editor for the MrBeast YouTube platform and a former California gubernatorial candidate — for allegedly violating its prohibition against "insider trading."
Nvidia on Wednesday delivered a revenue projection that exceeded expectations, and CEO Jensen Huang declared that "the agentic AI inflection point has arrived," providing more fuel for AI bulls.
The Pentagon asked two major defense contractors on Wednesday to provide an assessment of their reliance on Anthropic's AI model, Claude — a first step toward a potential designation of Anthropic as a "supply chain risk," Axios has learned.
Why it matters: That penalty is usually reserved for companies from adversarial countries, such as Chinese tech giant Huawei.
Nvidia CEO Jensen Huang said Wednesday that the company is nearing a deal to finalize its investment in OpenAI.
Why it matters: Nvidia announced an agreement to invest up to $100 billion in the ChatGPT creator in September, but the deal hasn't yet closed, sparking fears that it could be in trouble.
Tech giants are expected to join President Trump at the White House next week to sign a pledge that they will build or buy their own electricity supplies for data centers.
Why it matters: It's the Trump administration's latest response to election-year voter angst over data centers' AI-driven electricity demands and their potential effects on rates.
The more that autonomous vehicles can learn to drive in the virtual world, the less time they need to practice on physical streets.
Why it matters: Simulation could accelerate robotaxi rollouts — Waymo is now operating in 10 cities — provided AI-generated training data truly mirrors reality. Not all experts are convinced.
Why it matters: A defiant Trump bragged, weaved, smiled and sparred his way through 108 minutes of prime-time television, projecting his vision of a "Golden Age" for a country that — according to recent polls — mostly isn't buying it.
Why it matters: Nvidia is the darling of the AI boom, so its performance and outlook will be parsed for insights into where things are headed — and whether there's truly cause for concern.
OpenAI has banned a ChatGPT account linked to Chinese law enforcement which tried to use the AI chatbot to undermine support for Japan's prime minister, the company said in a report Wednesday.
Why it matters: The operation was unusual and "revealed a lot about China's strategy for covert influence operations and transnational repression," Ben Nimmo, principal investigator on OpenAI's intelligence and investigations team, told reporters.
The tech sector is "gripped" by an ideological vision of AI that's rooted in science fiction — but it doesn't have to be that way, three prominent economists write in a new paper to be discussed Wednesday at the Brookings Institution.
Why it matters: The paper argues that despite a flood of recentessays portraying AI as an inevitable job-crushing force, the technology can be pro-worker.
