Reading List
The most recent articles from a list of feeds I subscribe to.
Investor docs: Revolut reported Q2 revenue up 46% YoY to £1.01B and is on track to deliver more than £4.1B in 2025 annual revenue, up from £3.1B in 2024 (Bloomberg)
Bloomberg:
Investor docs: Revolut reported Q2 revenue up 46% YoY to £1.01B and is on track to deliver more than £4.1B in 2025 annual revenue, up from £3.1B in 2024 — Revolut Ltd. is touting a 46% revenue surge from a year ago as it courts investors for its primary fundraising, which is set to value the fintech at $75 billion.
A look at prediction markets Kalshi and Polymarket; Kalshi has ~$1B in current monthly volume and processed $6.9B in total, including $6.4B since October 2024 (Alicia Park/Forbes)
Alicia Park / Forbes:
A look at prediction markets Kalshi and Polymarket; Kalshi has ~$1B in current monthly volume and processed $6.9B in total, including $6.4B since October 2024 — Kalshi co-founders, Tarek Mansour and Luana Lopes Lara — The savviest billionaire traders are placing their bets on budding prediction marketplaces.
Invisible Technologies, a Scale AI rival that helped train ChatGPT, raised $100M, sources say at a $2B+ valuation, and reports $134M in 2024 sales (Dina Bass/Bloomberg)
Dina Bass / Bloomberg:
Invisible Technologies, a Scale AI rival that helped train ChatGPT, raised $100M, sources say at a $2B+ valuation, and reports $134M in 2024 sales — Vanara, a spinoff of TPG, led the latest funding round. — Add us on Google — Artificial intelligence startup Invisible Technologies …
Microsoft adds auto model selection to Visual Studio Code that primarily favors Claude Sonnet 4 over GPT-5 for paid GitHub Copilot users (Tom Warren/The Verge)
Tom Warren / The Verge:
Microsoft adds auto model selection to Visual Studio Code that primarily favors Claude Sonnet 4 over GPT-5 for paid GitHub Copilot users — Visual Studio Code now has a new auto AI model selector that favors Claude 4 over GPT-5. … Microsoft is adding automatic AI model selection …
Seon, which uses AI to detect and prevent fraud, raised an $80M Series C led by Sixth Street Growth, bringing its total funding to $187M (Duncan Riley/SiliconANGLE)
Duncan Riley / SiliconANGLE:
Seon, which uses AI to detect and prevent fraud, raised an $80M Series C led by Sixth Street Growth, bringing its total funding to $187M — Fraud prevention and anti-money-laundering compliance company SEON Technologies Kft. announced today that it has raised $80 million in new funding …