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Kalshi is now the official prediction market partner of CNN, and its data will be used for real-time display on news programs.

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On December 3rd, prediction market platform Kalshi announced it has become CNN’s official prediction market partner. Its real-time probability data will be integrated into CNN’s news coverage, led by the network’s Chief Data Analyst Harry Enten. CNN will receive Kalshi’s real-time data on the likelihood of future events in politics, culture, and beyond, and will add real-time info bars powered by Kalshi’s data in relevant sections. Kalshi noted its platform has become a go-to tool for politicians, media outlets, and financial market watchers to anticipate future events. Previously, rival Polymarket told CBS’s *60 Minutes* that prediction markets are “the most accurate prediction tool currently available to humanity.” Combined trading volume for the two platforms has topped $45 billion, with partners including Google Finance, Yahoo Finance, Robinhood, and ICE. Despite growing mainstream adoption, the prediction market industry still faces regulatory scrutiny. Kalshi recently joined a nationwide class-action lawsuit, accused of offering sports betting services without a gambling license and misleading consumers. (Source: The Block)
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Kalshi Co-Founder Lopes Lara Becomes the World's Youngest Self-Made Female Billionaire

On Dec. 3, Forbes reported that 29-year-old Lopes Lara has become the world’s youngest self-made female billionaire—surpassing 31-year-old Scale AI co-founder Lucy Guo, who claimed the title from Taylor Swift back in April. Lara and Kalshi co-founder Mansoor both grew up in Lebanon, met at MIT, and were part of the same international student circle, taking overlapping courses and majoring in computer science. In 2018, both interned at Five Rings Capital in New York, where they bonded closer. One evening, on their way back to their financial district internship apartment, they came up with the idea to launch a prediction market. Prior to this news, Kalshi raised $1 billion at a $10 billion valuation. The funding round was led by Paradigm, with investors including Sequoia Capital, a16z, and Y Combinator.

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