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Virginia redistricting vote erased by state court
Virginia redistricting referendum was struck down 4-3 by the state Supreme Court on May 8, with Democrats immediately…
Anthropic raise would top OpenAI at $900bn
Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the…
Tennessee Republicans erase last Black majority district
Tennessee Republicans have erased the state’s last Black majority congressional district, splitting Memphis into three GOP-leaning seats. Tennessee…
April jobs report beats forecasts at 115,000
The US April jobs report showed 115,000 positions added in April, nearly doubling the consensus forecast of 62,000.…
US court finds Meta AI ads created fraud
A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230…
OpenAI IPO nears as revenue crosses $25bn
OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as…
Why JPMorgan AI is no longer an experiment
JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and…
Why Meta’s Muse Spark ditched open-source AI
Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy…
SIREN price rally meets sellers at $1.22
SIREN price surged 22% on Binance perpetuals on May 8, hitting $1.2965 before a sharp 4H reversal warned…
Kalshi valuation reaches $22bn after Coatue raise
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just…