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Crypto

New York state sues Coinbase, Gemini over alleged unlicensed prediction markets

New York state filed a lawsuit against cryptocurrency exchanges Coinbase and Gemini over prediction-market contracts. The state alleges the products, tied to sports, entertainment and elections, are unlicensed gambling that violates state law. Attorney General Letitia James said renaming gambling does not change its nature and cannot evade regulation. The complaint says the services functioned like bookmakers and allowed participation by users under 21.

AI & Enterprise

Anthropic\'s Claude sees paid subscribers surge, more than double this year

Anthropic\'s AI service Claude is rapidly expanding paid subscriptions in the U.S. consumer market, an analysis showed. Consumer transaction analytics firm Indagari, citing anonymised credit-card data from about 28 million Americans, found paid subscribers hit a record high this year. An Anthropic spokesperson confirmed paid subscribers have more than doubled. Growth was strongest between January and February, with February re-subscriptions also at a record.

AI & Enterprise

Anthropic to take legal action over Pentagon supply chain risk designation

Anthropic plans to take legal action after the U.S. Defense Department designated the company a supply chain risk, TechCrunch reported. CEO Dario Amodei said the decision was legally unreasonable and would be challenged in federal court. The designation follows escalating friction over control of AI systems. Anthropic opposed use of its Claude AI for mass surveillance or fully autonomous weapons, while the Defense Department said AI should be usable for all lawful purposes.