The first two weeks of May delivered a $1 billion Kalshi Series F, Circle's $222 million Arc presale, a $600 million Kraken-Reap deal, Elliptic's $120 million Series D, a fresh OCC bank charter for Augustus, and GVFL's first institutional check into Indian blockchain firm Antier Solutions.
New interpretability research shows internal emotion-like signals causally push the model toward blackmail, reward hacking, and sycophancy — sometimes without any visible trace.
Loughborough University physicists have built a neuromorphic chip that processes AI tasks directly in hardware using brain-like connections — achieving 2,000x lower energy use. Here's what it means for DePIN, on-chain AI agents, and decentralised compute.
Kalshi doubled its valuation to $22B in a single funding round — then got banned in Nevada the same week. As investor money floods in from the top, state regulators are pushing back hard from the ground. The courts will have the final word.
Recent lawsuits and studies reveal a dark side to AI chatbots. From validating violent obsessions to drafting attack plans, generative AI platforms are increasingly linked to real-world violence, prompting experts to warn of an impending rise in mass casualty events.
