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Share link:In this post: OpenAI launched GPT-5 after months of hype, promising major leaps in reasoning, coding, and speed. Early reviews are mixed, with some praising its capabilities and others noting math, spelling, and reasoning errors. Users pushed back over reduced transparency and loss of older models like GPT-4o.
Share link:In this post: Apple will not face the new chip tariffs after pledging $100 billion more in US investments. Smaller chipmakers could still face tariffs of up to 100% if they do not produce in the US. Apple shares rose for three days, and TSMC’s sales jumped on strong demand.
Share link:In this post: South Korea delayed its decision on Google’s request to export its local map data for 60 days. Seoul argues that transferring the data abroad could expose military and sensitive sites. Google says the lack of data limits Google Maps services in Korea and is discussing security measures.
- 03:52Sources: Polymarket is valued at at least $3 billion in its latest funding round, with a few investors submitting letters of intent valuing it at $10 billion.BlockBeats News, September 13, according to businessinsider, prediction platform Polymarket is launching a new round of financing. According to two anonymous sources, this round of financing will significantly increase the valuation of this startup. As Polymarket appears to be preparing to enter the US market, investor demand continues to heat up. Although the valuation fluctuates, sources say that the valuation in this round will reach at least $3 billions. One of the sources revealed that at least one investor's letter of intent valued the company as high as $10 billions. Peter Thiel's Founder's Fund previously led the company's last round of financing at a $1 billions valuation, bringing its total financing to $255 millions.
- 03:52A newly created address bought 9,486 ETH in the past hour at an average price of $4,720.BlockBeats News, on September 13, according to monitoring by Lookonchain, a newly created wallet received 44.78 million USDC from a certain exchange, and in the past hour purchased 9,486 ETH at an average price of $4,720.
- 03:52Polymarket and Kalshi are considering new funding rounds at valuations of $9 billion and $5 billion, respectively.BlockBeats News, September 13, according to The Information citing anonymous sources, prediction market platforms Polymarket and Kalshi are each considering new rounds of financing at valuations of $9 billion and $5 billion, respectively. The Information reported: "People familiar with discussions with company management revealed that Polymarket is considering an offer with a valuation as high as $9 billion. This represents a huge leap for the startup, which just completed a funding round this summer at a $1 billion valuation." (Business Insider reported that at least one investor's term sheet valued Polymarket at $10 billion.) Polymarket's competitor Kalshi "is close to completing a funding round at a $5 billion valuation," more than doubling its $2 billion valuation from several months ago. The trading volume gap between the two platforms is narrowing, with Kalshi recording $875 million in trading volume in August, while Polymarket reached $1 billion.