Topic: prediction markets
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Kalshi Hits $11B Valuation With $1B Funding Round
Kalshi raised $1 billion in funding, increasing its valuation to $11 billion, with backing from investors like Sequoia and CapitalG, reflecting rapid growth and investor confidence. The platform and its competitor Polymarket gained user traction by enabling bets on events like the U.S. presidenti...
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Big Bet Pays Off: Wager on Maduro's Capture Wins Big
A newly created account on the Polymarket prediction platform turned a $30,000 bet into over $408,000 by correctly wagering on Venezuelan President Nicolás Maduro's removal just one day before a U.S. military operation, raising suspicions of insider information. Unlike traditional financial marke...
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Is Everything a Gamble Now?
Prediction markets like Polymarket and Kalshi have expanded to allow betting on a vast array of events, from politics to pop culture, signaling a shift toward widespread speculative platforms. The Model Context Protocol (MCP), developed from an Anthropic project, is emerging as a key industry sta...
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Google Permits Prediction Market Ads With Strict Rules
Google will allow ads for regulated Prediction Markets in the U.S. starting January 21, but only federally authorized entities like CFTC-designated markets or NFA-registered brokerages are eligible. All advertisers must obtain specific certification from Google, ensuring ads and products comply w...
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Kalshi Hits $11B Valuation After $1B Funding Round
Kalshi raised $1 billion in new funding, led by Paradigm and joined by top-tier VCs, dramatically increasing its valuation to $11 billion and signaling strong investor confidence. While known for political event trading, Kalshi's platform sees significant activity in sports predictions, indicatin...
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Google Finance Adds AI Deep Search & Prediction Markets
Google Finance is launching new AI-powered features, including Deep Search for complex queries, prediction markets data, and enhanced real-time earnings tracking, initially available to Google Labs users. Deep Search uses advanced Gemini AI models to synthesize information from multiple sources f...
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Trump's Truth Social to Launch Polymarket Rival
Truth Social, controlled by Donald Trump, is launching Truth Predict, a cryptocurrency-based prediction market service that competes with platforms like Polymarket and allows users to bet on events ranging from elections to sports. The platform aims to democratize information and provide a real-t...
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Google Finance Integrates Gemini AI for Stock Traders
Google Finance is integrating Gemini AI to introduce a Deep Search feature, enabling users to ask complex questions and receive comprehensive, cited answers, with a US rollout planned in the coming weeks. The platform is adding support for prediction markets, allowing investors to access probabil...
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