Source: Kalshi’s valuation jumps to $11B after raising massive $1B round
PositiveArtificial Intelligence
- Kalshi's valuation has surged to $11 billion following a $1 billion funding round led by Sequoia and CapitalG, highlighting the company's rapid growth in the prediction betting market.
- This funding is crucial for Kalshi as it positions the company to expand its offerings and enhance its market presence, indicating strong investor belief in its future.
- The development underscores a broader trend in the tech industry, where companies like Databricks are also seeking substantial funding, reflecting a competitive landscape in AI and tech
— via World Pulse Now AI Editorial System



