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Polymarket collaborates with Palantir to develop an AI monitoring tool for sports betting.
Deep Tide TechFlow News, March 10 — According to The Block, prediction market platform Polymarket announced a partnership with Palantir Technologies. Using the Vergence AI engine jointly developed by Palantir and TWG AI, they are building a sports market integrity monitoring platform to detect manipulation in real-time, screen for violating users, and identify abnormal trading activities. Currently, both Polymarket and Kalshi are expanding their sports betting businesses. Both are seeking a new funding round at an estimated valuation of around $20 billion. Polymarket is also re-entering the U.S. market and has opened a waitlist.