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A former White House teleprompter operator is facing federal consequences after regulators say he turned presidential speeches into a personal ATM. Gabriel Perez, who had early access to Trump's remarks before delivery, placed bets on so-called presidential mention markets, pocketing more than one hundred seven thousand five hundred dollars before the CFTC caught up with him. It's a reminder that prediction markets are only as clean as the information flowing into them.
Shifting to AI, OpenAI has ended its partnership with Cursor, the popular AI-powered coding assistant. The split is significant because Cursor built much of its reputation on top of OpenAI's models, and the move signals that OpenAI may be tightening control over how its technology gets packaged and resold by third parties. Developers who rely on Cursor will be watching closely for what comes next.
And out of MIT, researchers say they've found a way to model rare and catastrophic events without needing historical data from those events themselves. The technique uses statistical inference to extrapolate beyond what we've actually observed, which could prove valuable for climate modeling, financial stress testing, and disaster preparedness planning. Sometimes the most important data is the data we've never seen.
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