Arizona charges Kalshi as U.S. lawmakers move to restrict prediction market bets
Arizona has filed criminal charges against prediction market platform Kalshi for allowing users to bet on elections, escalating a broader regulatory push against event-based trading. At the federal level, lawmakers have introduced new legislation to ban bets on sensitive government actions, including war and military operations. Arizona Attorney General Kris Mayes filed 20 misdemeanor counts […]
Nvidia building $31B networking division to power AI data centres
Nvidia’s data centre networking division has grown into a major business line, generating $11 billion in quarterly revenue and $31 billion for the full year. The unit has become the company’s second-largest revenue driver behind compute. The growth stems from Nvidia’s push to build integrated systems for AI workloads, combining GPUs with high-performance networking to […]
FBI resumes buying Americans’ location data from brokers for investigations
The FBI has gone back to purchasing commercially available data, including Americans’ location histories, to support federal investigations, according to testimony from Director Kash Patel. The practice allows the agency to access sensitive personal data without obtaining a court-authorized warrant, raising renewed legal and privacy concerns. Patel confirmed the approach during a congressional hearing when […]
UK considers labelling AI-generated content while reopening copyright debate
The UK government is considering introducing mandatory labels for AI-generated content as part of efforts to address disinformation and deepfakes. At the same time, it has stepped back from committing to a clear policy on how AI models can use copyrighted material, leaving key regulatory questions unresolved. Technology minister Liz Kendall said the government is […]
