Insider

• European AI startups such as Legora and Lovable are rapidly scaling to challenge the long-standing technological dominance of US-based firms. • Swedish legal AI startup Legora has secured 20% of the 100 highest-grossing US law firms as clients and recently achieved a significant revenue milestone. • Lovable, a Swedish "vibe-coding" company valued at $6.6 billion, reported a 33% increase in monthly recurring revenue and is now actively seeking acquisitions.

• European AI startups, including Legora and Lovable, are rapidly scaling to challenge the long-standing technological dominance of the United States. • The surge is fueled by significant advancements in artificial intelligence and increased access to venture capital funding across the continent. • A notable example of this growth is Wayve, led by Alex Kendell, which recently secured one of the largest funding rounds in UK history.

• A viral feud between two AI startup founders over $31 million in funding has highlighted the volatile nature of Silicon Valley's current "attention economy." • Both companies are targeting users in developing markets, reflecting a trend where massive capital is being deployed into nascent sectors and very young founders. • The conflict underscores a shift in venture capital trends; a recent Crunchbase analysis shows that in 2025, over half of seed rounds exceeded $10 million.

The trial has exposed even more details about OpenAI’s fractious corporate past than previously documentedOpenAI, despite its name, is usually extremely secretive about its operations. It promotes a carefully crafted image to the world. Over the course of Elon Musk’s case against the startup and its CEO Sam Altman, however, the artificial intelligence firm has been forced to publicly contend with some of the messiest parts of its rise to power in public.The Musk v OpenAI trial, which on Monday entered its third week, has featured a who’s who of Silicon Valley testifying about OpenAI’s past and its CEO’s contentious leadership. Musk’s attorneys have used former executives, private text messages, diary entries and internal email exchanges to portray Altman as untrustworthy. Altman, who denies Musk’s allegations, will take the stand in the coming days. OpenAI has likewise issued denials. Continue reading...

Nigel Farage has called Tate an ‘important voice’ for young men and held back from criticising his misogynistic viewsReform insiders are becoming increasingly irritated by the party’s association with Andrew Tate and other extreme online celebrities whose views are too toxic for the mainstream voters Nigel Farage needs to win over.Insiders have revealed that as Reform prepare for power they are trying to end their association with more controversial figures on the right such as Tate, whose extreme and misogynistic content could taint the party’s credibility. Continue reading...

Top prediction market sites usher in new guardrails after senators introduced bill that could limit booming industryKalshi and Polymarket, the two biggest prediction market sites, rushed to institute new industry guardrails and add new surveillance tools on Monday after two key senators announced legislation that could severely curtail the industry’s prospects.Kalshi said it would ban political candidates from trading on their own campaigns, and it would preemptively block anyone involved in college or professional sports from trading contracts related to the sports they play or are employed by. Continue reading...

New online accounts on Polymarket platform betting a total of $70,000 suggest ‘some degree of inside info’Several accounts on the online platform Polymarket laid bets on a US-Iran ceasefire over the weekend that appeared to show signs of insider knowledge, according to experts.Eight accounts, all newly created around 21 March, bet a total of nearly $70,000 (£52,000) on there being a ceasefire. They stand to make nearly $820,000 if a such a deal is reached before 31 March. Continue reading...

Regulators narrow securities definitions – a shift that could benefit Trump family’s crypto projectsSign up for the Breaking News US email to get newsletter alerts in your inboxOn Tuesday, major US financial regulators published rules for the cryptocurrency industry that may reduce regulatory requirements and that insiders believe will benefit the Trump family’s ventures.The Securities and Exchange Commission (SEC) issued new guidelines for the cryptocurrency industry to answer the longstanding question of what does or does not qualify as a security, a classification that entails strict oversight. SEC chair, Paul Atkins, has dubbed the framework a “token taxonomy” for the sector. Published jointly with the Commodity Futures Trading Commission (CFTC), the guidelines classify most of crypto-based assets as commodities, collectibles, payment tokens or “digital tools”, exempting them from the SEC’s more stringent oversight and disclosure requirements. Only blockchain-based representations of existing securities, such as stocks and bonds, remain classified as securities under this new framework. Continue reading...

Donald Trump's policies have created a chilling effect in Hollywood, with executives and talent hesitant to comment publicly ahead of the March 15, 2026 Oscars due to a tense political climate. Reporters note unusual difficulty securing interviews, linking it to broader industry anxieties over government impact on film production. This atmosphere overshadows predictions for frontrunners like 'Sinners,' amplifying pre-awards uncertainty. Analysts foresee potential policy shifts affecting future funding and content post-ceremony.