Source: Kalshi’s valuation jumps to $11B after raising massive $1B round

The quickly growing prediction betting market raised fresh capital from Sequoia and CapitalG, according to someone familiar with the deal.

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Jobs data muddies the picture for a December rate cut, while the Nvidia rally fizzles

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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To Meld A.I. With Supercomputers, National Labs Are Picking Up the Pace

A.I. has added urgency to the U.S. national laboratories that have been sites of cutting-edge scientific research, leading to deals with tech giants like Nvidia to speed up.

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Trump Elevates Once-Fringe Meme Makers to the Mainstream

Right-wing users have tapped A.I. tools to promote President Trump’s agenda. He took notice.

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Family Affair: Commerce Secretary’s Sons Cash In on A.I. Frenzy

Howard Lutnick is helping push data center projects. His family companies are profiting from them.

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Nvidia Earnings Show Profit Jumped 65% to $31.9 Billion

The company, which makes the computer chips essential to the artificial intelligence boom, also said revenue in its recent quarter rose to $57 billion.

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Yann LeCun, a Pioneering A.I. Scientist, Leaves Meta

Dr. LeCun’s departure follows a shake-up in Meta’s artificial intelligence efforts, as Mark Zuckerberg pushes his company to keep up in the tech race.

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Salesforce says some of its customers’ data was accessed after Gainsight breach

Salesforce said it’s investigating an incident where hackers compromised some of its customers’ data after breaching customer experience company Gainsight.

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ChatGPT launches group chats globally

The company sees group chats in ChatGPT as a way for people to coordinate trips, co-write documents, settle debates, or work through research together, while ChatGPT helps search, summarize, and compare options.

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2 underappreciated areas are powering CrowdStrike’s next growth wave and its stock

CrowdStrike is setting the standard for modern cybersecurity.

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