Mars Finance News: Prediction market platform Kalshi Inc. announced the hiring of Donald Trump Jr. as a strategic advisor and is collaborating with Elon Musk's AI company xAI. Kalshi users can place bets on various event outcomes by purchasing derivative contracts. In this collaboration, Kalshi will use xAI to integrate historical trend news, providing information support for traders to help them predict events such as Federal Reserve interest rate adjustments or election results. Kalshi CEO Tarek Mansour stated that prediction markets, social media, and artificial intelligence have a deep connection, with prediction markets reflecting known information while AI can expand the boundaries of knowledge. (Bloomberg)
Kalshi and xAI team up to build prediction market platform
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