Mississippi residents are suing Elon Musk’s xAI and SpaceX over the “pervasive and inescapable” noise from their data center and accompanying power plant in a Memphis, Tenn.-area community. Three individuals who live near the plant in Southaven, a city just south of Memphis across the Mississippi-Tennessee border, filed a class-action lawsuit Monday against Musk’s companies,…

Kalshi plans to require users in certain markets to share information about their employers in its latest push to crack down on insider trading. The prediction market announced Tuesday that it has created a system to score markets based on the risk of insider trading and manipulation. Those with certain scores will require employment verification.…

The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures Trading Commission’s (CFTC) proposal aims to specify what events the agency considers to be “contrary to the public interest” and would not be eligible for listing…

Computing power has become the lifeblood — and a key limiting factor — of the race to develop AI, as the push to integrate the technology into daily life clashes with the finite supply of one of its most crucial inputs. Often referred to simply as “compute,” the processing power that forms the foundation of…