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Kalshi Lawsuit, Musk Loses AI Transparency Fight, and AI Data Center Cost Backlash Jim Love covers a lawsuit against prediction market Kalshi after it refused to pay out roughly $54 million on bets tied to Iran’s Supreme Leader Ayatollah Ali Khamenei leaving office, citing a disputed “death carve-out” clause, as regulators face questions about prediction markets, possible insider trading, and whether they are gambling. He also reports a judge rejecting Elon Musk and xAI’s bid to block a California AI transparency law requiring disclosures about training data and safety practices. The episode notes major tech firms pledging not to pass AI data center electricity costs to consumers amid rising regulatory and community pushback. Reuters reports OpenAI robotics and consumer hardware head Caitlin Kalinowski resigning after a Pentagon partnership, citing concerns about surveillance and lethal autonomy. Finally, Oracle is rumored to plan up to 30,000 layoffs as AI data center financing tightens. Hashtag Trending would like to thank Meter for their support in bringing you this podcast. Meter delivers a complete networking stack, wired, wireless and cellular in one integrated solution that's built for performance and scale. You can find them at Meter.com/htt 00:00 Sponsor and Headlines 00:51 Kalshi Death Bet Lawsuit 03:39 Musk Loses Transparency Fight 05:55 AI Data Center Power Pledge 08:16 OpenAI Robotics Resignation 09:37 Oracle Layoffs and AI Cooling 10:49 Wrap Up and Sponsor Thanks