Author: Bobby Allyn

Critics say a slowdown of AI development among the largest companies could consolidate the power of frontier labs, just as many others are trying to catch up.

In the Oscar-winning filmmaker’s latest documentary, director Alex Gibney investigates the rise of Elon Musk and says what’s behind Musk’s success are distressing truths.

The tech billionaire’s attorney has put documentarian Alex Gibney and his production company on legal notice, claiming the Oscar-winning director defamed Musk in his nearly four-hour documentary.

If the high court accepts the petition, it would tee up a case with sweeping implications for prediction markets, an industry that has unleashed billions of dollars of betting across nearly every aspect of modern life.

Kalshi says Santos did not cooperate with its investigation into bets he placed on his own attendance at the State of the Union. The company also fined the disgraced congressman more than $71,000.

While a stunt involving fake polls may not have been an effort to rig prediction markets, concerns are growing ahead of the midterms about other attempts to influence the betting sites.

Tech billionaires in California are fighting a proposed one-time wealth tax. A Google co-founder is leading the charge against the tax, which would generate revenue for health-care services.

Betting on what people say is becoming an increasingly popular category of prediction market sites. Now, federal officials have opened a probe examining whether those markets are a magnet for manipulators.

The federal lawsuit alleges that the service from the president’s media company violates the Constitution. Meanwhile, Trump Media executives say they have signed up more than 10 customers.