Author: Arabian Media staff

Thinking Machines Lab, the AI startup led by former OpenAI CTO Mira Murati, has lost one of its co-founders to Meta. The Wall Street Journal reports that AI researcher Andrew Tulloch announced his departure to employees in a message on Friday. A Thinking Machine Labs spokesperson confirmed Tulloch’s departure to the WSJ, saying he “has decided to pursue a different path for personal reasons.” Back in August, the WSJ reported that Mark Zuckerberg’s aggressive AI recruiting blitz included an offer to acquire Thinking Machines Lab — and when that failed, Zuckerberg reportedly tried to lure Tulloch with a compensation package…

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Kalshi, a prediction market that allows people to bet on future events, announced that it raised over $300 million at a $5 billion valuation. The company’s value has increased 2.5x since its last fundraise just three months ago, when it was valued at $2 billion. The fresh capital came from Kalshi’s existing investor, Sequoia Capital, with new investor Andreessen Horowitz co-leading the round. Paradigm Ventures, CapitalG, and Coinbase Ventures also participated. Kalshi also revealed that consumers in 140 countries can now make bets on its platform. The prediction market is seeing a dramatic surge in activity: Kalshi is set to reach…

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