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Polymarket and Kalshi Turn Midterm Elections Into a Multimillion Dollar Market

Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.

© Hilary Swift for The New York Times

David Bensoussan has placed wagers worth over $1.5 million in over a dozen midterm races.
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Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.

Amazon on Thursday became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.

© Nathan Howard for The New York Times

Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.
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Nvidia Chief, Jensen Huang, Is Seen as Target of Chinese Spy Plot

A Chinese businesswoman who had a close relationship with Jensen Huang was found to be passing intelligence to Beijing. President Trump was briefed and took no action.

© Manuel Orbegozo for The New York Times

Jensen Huang, the chief executive of Nvidia, is influential at the White House on technology policy and has developed a close relationship with President Trump.
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Apple Unveils Its First Touch-Screen MacBook Pro

Steve Jobs and Tim Cook both dismissed the idea, but Apple’s new chief executive is reimagining some of the company’s most important products.

© David Fouts for The New York Times

The new Mac, with a starting price of $2,899, is the latest step into a new era for the consumer electronics giant.
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Can Marissa Mayer, Yahoo’s Former CEO, Help Fix A.I.’s Gender Problem? 

She made her name as a pioneer at Google, then as chief executive at Yahoo. Now Mayer is entering the crowded marketplace for A.I. assistants — and hoping to draw in more women with a product that tackles the mental load.

© Kelsey McClellan for The New York Times

Marissa Mayer has reinvented herself as a start-up founder, with a team of 10 engineers — a fraction of the armies of programmers she once commanded at Yahoo and Google.
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Meet Anthropic’s Seven Founders as the A.I. Firm Prepares for an IPO

Former OpenAI employees started the company in 2021 after disagreements over how to safely build artificial intelligence. An I.P.O. could make them billionaires.
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Anthropic S-1 Reveals Rapid Growth Ahead of Blockbuster IPO

Ahead of what could be the largest public listing ever, Anthropic said revenue soared to $16.3 billion in the first half of the year, and it planned to spend $807 billion on A.I. infrastructure.

© Jason Henry for The New York Times

Anthropic, a powerhouse in A.I., is only five years old and seemingly came out of nowhere.
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What’s Riding on Anthropic Going Public? Nearly Everything.

Anthropic sits atop a pyramid of business partners and suppliers, making it a barometer of the broader economy. Its initial public offering will have widespread implications.
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Trump Asked Musk to Reverse Starshield Restrictions on Ukraine

The call from the president about the Starshield network came after officials in Ukraine reported that they found new limits on the use of military drones in their war against Russia.

© Brendan Hoffman for The New York Times

A Ukrainian soldier checking a reconnaissance drone before launching it in the Sumy region last fall.
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What Is PHP? Why Are Government and Business Websites Going Offline?

A critical security flaw in the programming language underpinning much of the web has prompted a global rush to patch vulnerable systems.

© Vincent West/Reuters

A programmer in Guernica, Spain, on Thursday, working on PHP code, software used throughout the internet.
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A.I. and Its Dangers Are Embedded In the Midterm Elections

The midterms are the first elections in which artificial intelligence is integrated into every major social media platform. Efforts to blunt its harms are uneven.

© Nicole Craine for The New York Times

One in five voters plans to use A.I. to look into a race on their ballot, according a survey released this month by the American Association of Political Consultants.
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How a Legal Backlash Against Big Tech Is Forcing Big Changes

A series of lawsuits has created a new de facto regulatory regime as courts order companies like Meta and Google to change their business practices — and pay up.

© Gabriela Bhaskar/The New York Times

Meta’s chief executive, Mark Zuckerberg. On Wednesday, a New Mexico judge ordered Meta to pay a record $25 billion penalty for abusing consumer privacy.
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