Giannis Antetokounmpo of the Milwaukee Bucks announced Friday that he has joined prediction market Kalshi as a shareholder, making him the first NBA player to invest directly in the company.

“The internet is full of opinions. I decided it was time to make some of my own,” said the two-time NBA MVP in a social media post. “Today, I’m joining Kalshi as a shareholder. We all on Kalshi now.”

The announcement has not gone over well on social media. On Reddit, for example, one user described it as “literally a conflict of interest,” while another described Kalshi as “cancerous” and yet another wondered, “is this even allowed.”

According to The Athletic, the NBA’s recent collective bargaining agreement allows players to advertise and take stakes of up to 1% in sports betting companies, as long as they’re not promoting league-related wagers.

Kalshi said it will partner with Antetokounmpo on marketing and live events — and in accordance with the company’s “strict terms of service that ban insider trading and market manipulation,” he will not be allowed to trade on markets related to the NBA.

This week, AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion — a nearly threefold increase from the $8.1 billion valuation the Nvidia rival had reached just six months earlier.

While the round was led by Tiger Global, a huge part of the new capital came from one of the company’s earliest backers: Benchmark Capital. The prominent Silicon Valley firm invested at least $225 million in Cerebras’ latest round, according to a person familiar with the deal.

Benchmark first bet on 10-year-old Cerebras when it led the startup’s $27 million Series A in 2016. Since Benchmark deliberately keeps its funds under $450 million, the firm raised two separate vehicles, both called ‘Benchmark Infrastructure,’ according to regulatory filings. According to the person familiar with the deal, these vehicles were created specifically to fund the Cerebras investment.

Benchmark declined to comment.

What sets Cerebras apart is the sheer physical scale of its processors. The company’s Wafer Scale Engine, its flagship chip announced in 2024, measures approximately 8.5 inches on each side and packs 4 trillion transistors into a single piece of silicon. To put that in perspective, the chip is manufactured from nearly an entire 300-millimeter silicon wafer, the circular discs that serve as the foundation for all semiconductor production. Traditional chips are thumbnail-sized fragments cut from these wafers; Cerebras instead uses almost the whole circle.

This architecture delivers 900,000 specialized cores working in parallel, allowing the system to process AI calculations without shuffling data between multiple separate chips (a major bottleneck in conventional GPU clusters). The company says the design enables AI inference tasks to run more than 20 times faster than competing systems.

The funding comes as Cerebras, based in Sunnyvale, Calif., gains momentum in the AI infrastructure race. Last month, Cerebras signed a multi-year agreement worth more than $10 billion to provide 750 megawatts of computing power to OpenAI. The partnership, which extends through 2028, aims to help OpenAI deliver faster response times for complex AI queries. (OpenAI CEO Sam Altman is also an investor in Cerebras.)

Cerebras claims its systems, built with its proprietary chips designed for AI use, are faster than Nvidia’s chips.

The company’s path to going public has been complicated by its relationship with G42, a UAE-based AI firm that accounted for 87% of Cerebras’ revenue as of the first half of 2024. G42’s historical ties to Chinese technology companies triggered a national security review by the Committee on Foreign Investment in the United States, bumping back Cerebras’ initial IPO plans and even prompting the outfit to withdraw an earlier filing in early 2025. By late last year, G42 had been removed from Cerebras’ investor list, clearing the way for a fresh IPO attempt.

Cerebras is now preparing for a public debut in the second quarter of 2026, according to Reuters.

Spotify is changing how its APIs work in Developer Mode, its layer that lets developers test their third-party applications using the audio platform’s APIs. The changes include a mandatory premium account, fewer test users, and a limited number of API endpoints.

The company debuted Developer Mode in 2021 to allow developers to test their applications with up to 25 users. Spotify is now limiting each app to only five users and requires devs to have a Premium subscription. If developers need to make their app available to a wider user base, they will have to apply for extended quota.

Spotify says these changes are aimed to curb risky AI-aided or automated usage. “Over time, advances in automation and AI have fundamentally altered the usage patterns and risk profile of developer access, and at Spotify’s current scale, these risks now require more structured controls,” the company said in a blog post.

The company notes that development mode is meant for individuals to learn and experiment.

“For individual and hobbyist developers, this update means Spotify will continue to support experimentation and personal projects, but within more clearly defined limits. Development Mode provides a sandboxed environment for learning and experimentation. It is intentionally limited and should not be relied on as a foundation for building or scaling a business on Spotify,” the company said.

The company is also deprecating several API endpoints, including the ability to pull information like new album releases, an artist’s top tracks, and markets where a track might be available. Devs will no longer be able to perform actions like request track metadata in bulk or get user profile details of others, nor will they be able to pull an album’s record label information, artist follower details, and artist popularity.

This decision is the latest in a slew of measures Spotify has taken over the past couple of years to curb how much developers can do with its APIs. In November 2024, the company cut access to certain API endpoints that could reveal users’ listening patterns, including frequently repeated songs by different groups. The move also barred developers from accessing tracks’ structure, rhythm, and characteristics.

In March 2025, the company changed its baseline for extended quotas, requiring developers to have a legally registered business, 250,000 monthly active users, be available in key Spotify markets, and operate an active and launched service. Both moves drew ire from developers, who accused the platform of stifling innovation and supporting only larger companies rather than individual developers.