Prediction markets getting more professionalized and harder to beat
WASHINGTON, D.C. – A Polymarket media exhibit at their pop-up experience launch shows data relating to potential political…
Hedge funder Brian Kelly built Bracket22 to be powered entirely by AI
Hedge-fund manager Brian Kelly has his staff working 24/7, yet his payroll costs are a fraction of what…
‘Nostradamus of AI’ blamed for massive $15B loss at secretive trading giant Jane Street
Jane Street took a $15 billion hit in July from its exposure to AI-focused hedge fund Situational Awareness and other…
AI infrastructure debt and leverage draw market scrutiny
As Nvidia partners with Wall Street firms to mobilize more than $500 billion of third-party capital for AI…
AI billionaire skips honeymoon as investors panic over $30B losses
Talk about a wedding buzzkill. AI investor Leopold Aschenbrenner skipped his honeymoon with new wife Avital Balwit after…
Tech bro’s AI fund collapses days before lavish California wedding
A 24-year-old Silicon Valley AI prodigy watched his $45 billion hedge fund implode just days before walking down…
With Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again
By Svea Herbst-Bayliss, Manya Saini and Anirban Sen July 31 (Reuters) – When rival hedge funds face catastrophic…
AI’s power couple is getting married after groom Leopold Aschenbrenner’s hedge fund nearly blew up
Leopold Aschenbrenner is getting married this weekend in Carmel, Calif., to Avital Balwit, chief of staff to Anthropic…
Jim Cramer says forced selling may signal a bottom for AI trade
Jim Cramer said Thursday the forced unwinding of levered hedge-fund bets on artificial intelligence stocks may help stabilize…
Leopold Aschenbrenner’s hedge fund is facing steep AI losses
The $24 billion hedge fund founded by former OpenAI researcher Leopold Aschenbrenner unwound all of its public stock…
Oil Prices Retreat, But the Strait of Hormuz Remains the Wild Card
Trump’s latest comments cooled oil prices, but talks over ending the Strait of Hormuz blockade could prove far…
The Gen Z cofounder of $1.6 billion Whop says his platform has minted over 650 millionaires
There’s a legion of workers sitting behind their desks and unloading trucks, fantasizing about one day chasing their…