Why Deloitte is betting big on AI despite a $10M refund

October 10, 2025 Theresa Loconsolo

AI companies are making their much-anticipated enterprise plays, but the results are wildly inconsistent. Just this week, Deloitte announced it’s rolling out Anthropic’s Claude to all 500,000 employees. On the very same day, the Australian government forced Deloitte to refund a contract because their AI-generated report was riddled with fake citations. It’s a perfect snapshot […]

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Kalshi hits $5B valuation days after rival Polymarket gets $2B NYSE backing at $8B
Kalshi hits $5B valuation days after rival Polymarket gets $2B NYSE backing at $8B

Prediction markets startup Kalshi raised $300 million, while Polymarket nabbed up to $2 billion.