Despite bitter rivalry, Kalshi, Polymarket CEOs back M predictions markets VC fund

Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund

Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by former Kalshi employees, Fortune and…

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Marc Andreessen reportedly told group chat that universities will ‘pay the price’ for DEI

Marc Andreessen reportedly told group chat that universities will ‘pay the price’ for DEI

Venture capitalist Marc Andreessen sharply criticized universities including Stanford and MIT, along with the National Science Foundation, in a group chat with AI scientists and Trump administration officials, according to screenshots viewed by the Washington Post. According to the Post, Andreessen described MIT and Stanford (which I attended two decades ago) as “mainly political operations…

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#DeepSeek gets Silicon Valley talking

#DeepSeek gets Silicon Valley talking

Since Chinese AI company DeepSeek released an open version of its reasoning model R1 at the beginning of this week, many in the tech industry have been making grand pronouncements about what the company achieved, and what it means for the state of AI. Venture capitalist Marc Andreessen, for example, posted that DeepSeek is “one…

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