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WSJ Tech News Briefing

TNB Tech Minute: NYSE Owner to Make Up to $2 Billion Investment in Polymarket

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 7 October 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Anthropic and IBM partner to further integrate AI into IBM’s software. And Jaguar Land Rover sales plunge following cyberattack. Zoe Kuhlkin hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Here's your morning TNB Tech Minute for Tuesday, October 7th.

0:05.0

I'm Zoe Colkin for the Wall Street Journal.

0:08.0

The owner of the New York Stock Exchange, Intercontinental Exchange, says it'll invest up to $2 billion in Polly Market, in a deal that values the crypto-based prediction market at around $8 billion.

0:20.0

The deal confirms an earlier report by the journal and could enhance the platform's credibility

0:25.3

while a aiding in its efforts to re-establish a U.S. presence.

0:29.4

ICE says it'll pay in cash and it'll become a distributor of polymarkets event-driven data.

0:36.3

Anthropic is working with IBM to make its AI models available in the enterprise tech

0:40.8

giant software, making IBM's latest integrated developer environment the first product in

0:45.9

which Anthropics' Claude AI models will be directly available.

0:49.9

As part of the deal, IBM will also expand its use of AI agents that can perform tasks independently.

0:56.3

And it said it'll add Claude into more of its software soon.

1:00.0

The company's declined to share financial terms behind the deal.

1:04.2

And Jaguar Land Rover sales took a dive in its latest quarter, following a cyber attack that forced it to shut down production for several weeks.

1:12.0

The automaker reported that wholesale volumes in the second quarter fell 24% on the year,

1:17.2

while retail sales in the quarter fell 17%. The company finally resumed some manufacturing

1:22.6

operations last week after the cyber attack in late August, and plans to further ramp up production this week.

1:29.1

That's your TNB Tech Minute. Join us again this afternoon for more.

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