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Kalshi teams up with xAI to create a prediction market platform
Odaily News The prediction market platform Kalshi Inc. announced the hiring of Donald Trump Jr. as a strategic advisor, while also collaborating with Elon Musk's artificial intelligence company xAI. Kalshi users can place bets on the outcomes of various events by purchasing derivation contracts. In this collaboration, Kalshi will utilize xAI to integrate historical trend news, providing information support to traders to aid their judgments on events such as Federal Reserve interest rate adjustments or election results. Kalshi CEO Tarek Mansour stated that there is a deep synergy between prediction markets, social media, and artificial intelligence, as prediction markets reflect known information, while artificial intelligence can expand the boundaries of knowledge. (Bloomberg)