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Crypto

Robinhood CEO says crypto, not sports, to dominate prediction markets within a few years

Cryptocurrency-related contracts are emerging as a core pillar of Robinhood’s prediction market business, overtaking sports, foreign media reported, citing CEO Vlad Tenev. He said crypto categories already account for a disproportionately large share and sports could become a minority within a few years. Robinhood reported 2026 second-quarter event-contract revenue of $156 million, more than 10 times a year earlier, and traded 13.6 billion contracts in the quarter.

AI & Enterprise

Jensen Huang rejects calls to slow AI development, says no new laws needed

Nvidia CEO Jensen Huang (젠슨 황) has publicly opposed calls for leading AI companies to be allowed antitrust exemptions to slow development of advanced AI models. He said AI safety matters but does not require new laws or looser antitrust rules, arguing existing regulations are sufficient. His remarks followed an essay by Anthropic CEO Dario Amodei urging coordination to intentionally slow progress to allow testing and safeguards.

AI & Enterprise

Salesforce CEO says \'SaaSpocalypse\' is nonsense, AI will not erode SaaS

Salesforce has pushed back against market fears of a \"SaaSpocalypse.\" CEO Marc Benioff said the view that AI will erode the software-as-a-service business lacks basis and that advanced models rely on CRM rather than replace it. Salesforce shares jumped more than 12 percent on strong quarterly results and guidance above expectations. Benioff said 9 of the top 10 AI companies use Salesforce and Slack, with their platform spending up 435 percent year on year.