Kalshi and Polymarket Want a Bite of the AI Boom

The artificial intelligence trade is booming, and so is the hunt for new ways to diversify AI exposure. Traders can buy power futures, track the technology’s beneficiaries and back data-center real estate projects, alongside buying the usual haul of chipmaker shares. Prediction markets are beginning to offer an alternative —  and could eventually provide something other trades can’t: a highly tailored hedge against the rising cost of AI.