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● LIVE Updated 27d ago · 16 sources tracked

Meta plans to release AI-powered prediction market app, documents show

Meta is building a standalone prediction market app internally called Arena. The platform will use Llama to determine event outcomes and launch with play money. CEO Mark Zuckerberg is directing the project to compete with rivals like Kalshi and Polymarket.

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What changed

New reports identify the project name as Arena and detail the use of Llama for truth verification.

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  1. Meta Developing AI-Powered Prediction Market App Arena

    Meta is building a standalone prediction market app internally called Arena. The platform will use Llama to determine event outcomes and launch with play money. CEO Mark Zuckerberg is directing the project to compete with rivals like Kalshi and Polymarket.

    What's confirmed:

    • Meta is building a prediction markets app internally known as Arena.
    • The app will be a standalone product separate from Facebook and Instagram.
    • Mark Zuckerberg directed staff to develop the platform.
    • The app will use play money for wagers on real-world events.
    • Meta intends to compete with Polymarket and Kalshi.
    • The project is AI-powered.

    Still unconfirmed:

    • The app will use Llama to decide what actually happened in the world.
    • Meta's social media sites could direct users to the app.
    • DraftKings and Robinhood stocks fell in response to the news.
    confidence 90%