Zaid Admani

Anthropic had a $200 million contract with the Pentagon.

In fact, Anthropic was the first AI model developer used in classified operations by the Defense Department.

But then things blew up after it came out that Claude was used in the US military operation to capture Venezuelan President Nicolas Maduro earlier this year.

I guess Anthropic wasn't happy about that, and the company told the Pentagon that it wouldn't allow Claude to be used for autonomous weapons or mass surveillance.

The Pentagon responded by designating Anthropic as a supply chain risk.

So that would mean that Palantir, who works with the US government, would have to not use Anthropic's models to power their systems.

The problem, though, is that Anthropic is so integrated into Palantir's tech stack and also the Pentagon that the Pentagon is now giving exemptions for using Claude for mission-critical activities.

But yeah, Palantir has been a big winner recently.

Their stock is up around 5% today and up about 15% since the war with Iran started back on February 28th.

Let's shift gears and talk about prediction markets.

You know, prediction markets have become really popular over the last year or so, but they're starting to get some backlash, especially when it comes to sports betting.

See, these prediction market platforms like Calci and PolyMarket allow users to trade events contracts, and these platforms started off by letting people trade on who will win an election or what the Fed might do when it comes to interest rates.

But lately, these platforms have all become a pseudo sports betting platform.

Based on recent data, over 90% of the trading on Kalshi is sports related.

The thing is, these prediction markets are regulated by the Commodities Future Trading Commission, the CFTC.

So since they're regulated by the

federal government that allows calci and polymarket to allow sports betting in states where it's not allowed under state law like texas and california and that has made some states really furious for example nevada got a temporary restraining order against calci just last week arizona went even further and filed criminal charges against calci's parent company for operating an illegal gambling business without a license and massachusetts and michigan have also sued the company

And now the Senate is getting involved.

They're planning to introduce a bill that would ban prediction market platforms like Kalshi and Polymarket from offering sports betting in casino-style games.

Now, Kalshi is fired back.