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Kalshi confirms $1 billion raise at $22 billion valuation
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Kalshi has secured $1 billion in fresh funding, doubling its valuation to $22 billion in a round led by Coatue. The U.S.-based prediction market platform reported strong growth in institutional trading amid broader interest in event contracts.
Forest, cofounded by Agustín Guilisasti, completed a 54 million dollar series B funding round led by Chinese manufacturer Okay.
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Congress restored billions in federal research funding earlier in 2026 after cuts proposed by the Trump administration. Watchdogs and former NIH officials now claim the administration is using new tactics to delay or withhold the money. Scientists report severe impacts on their work, including layoffs and halted projects.
Glasgow City Council has approved an additional £600,000 from the Scottish Government to transform the Meat Market sheds, including world-class padel tennis courts. The project, which replaces original badminton court plans, is set to begin work in August. Councillors expressed concerns over delays but welcomed the funding boost.
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The National Student Financial Aid Scheme's acting CEO, Waseem Carrim, has detailed a strategy to stabilize operations for the 2026 academic year, addressing funding shortages and accommodation issues. This comes as Finance Minister Enoch Godongwana questions the scheme's future due to its reliance on external providers. Carrim dismissed closure suggestions, emphasizing NSFAS's unique role in student support.
Top officials from U.S. immigration agencies testified before the House Homeland Security Committee on February 10, 2026, amid criticism over tactics following the fatal shootings of two U.S. citizens in Minneapolis. The hearing occurs as Congress faces a Friday deadline to fund the Department of Homeland Security, with Democrats demanding reforms to enforcement practices. Partisan tensions highlighted divides, though some bipartisan concerns emerged on training and oversight.
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UK scientists are raising alarms over severe budget reductions in physics research, predicting a devastating blow to international collaborations and innovation. Funding bodies have instructed research groups to prepare for cuts of up to 60 percent, potentially leading to the loss of entire programs and positions. Experts fear long-term damage to the UK's scientific reputation and economy.
Thompson says Democrats could revisit DHS funding standoff in September over ICE oversight demands
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