News and Updates:

• Kalshi Prediction Markets: Kalshi is a federally regulated exchange where users trade "yes/no" contracts on real-world events like elections and interest rates, recently valued at $22B. A federal court ruled Kalshi’s sports bets are "swaps," giving the federal government exclusive jurisdiction and preventing states like New Jersey from banning them.
• Copilot "Entertainment" Clause: Microsoft faced backlash over terms calling Copilot "for entertainment purposes only." Officials claim this is legacy language and will be updated to reflect professional use.
• Microsoft’s 2027 Goal: Microsoft AI CEO Mustafa Suleyman announced a plan to build "state-of-the-art" frontier models by 2027 to reduce reliance on external partners like OpenAI.
• Claude 365 Integration: Anthropic released a Microsoft 365 connector for all Claude users, allowing the AI read-only access to Outlook, Teams, and OneDrive for better context.
• Data Center Bottlenecks: Nearly half of U.S. data centers planned for 2026 face delays or cancellation due to power grid shortages and a lack of critical electrical components.