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AI & Enterprise

AI startups face scrutiny over inflated annual recurring revenue figures

A practice in which AI startups promote annual recurring revenue figures higher than their actual sales has come under scrutiny. Scott Stevenson, co-founder and CEO of legal AI startup Spellbook, said many AI startups appear to set revenue records by using dishonest metrics. He cited cases where companies report third-year contract pricing as ARR despite receiving first-year payments, even when customers can opt out after 12 months.

Crypto

Bernstein sees prediction market reaching $1 trillion by 2030, driven by crypto, politics and economy

Annual prediction market trading could reach $1 trillion by 2030, Bernstein projected. The investment bank said the market, which expanded around sports, is expected to broaden into information markets across politics, the economy, macro indicators and culture. It estimated 2025 trading at about $51 billion and forecast $240 billion in 2026, with 80 percent compound annual growth through end-2030. Bernstein also cited regulatory clarity, blockchain infrastructure and rising industry recurring revenue.

AI & Enterprise

Anthropic accidentally leaks Claude Code source code, revealing core technology

Anthropic accidentally released parts of the internal source code for its agent AI coding tool Claude Code during a distribution process, the company said. It said no customer data or authentication information was exposed and described the incident as a packaging error, not a security breach. VentureBeat reported the leak began when version 2.1.88 was pushed to npm, prompting developers to copy and analyse the code, including details on memory architecture, a KAIROS feature and parts of a model roadmap.