Goldman Sachs says concerns about OpenAI losing its leadership position in artificial intelligence may be premature, even as Google’s Gemini gains momentum. In a new CNBC interview, Shung Cho, co-head of public tech investing and US fundamental equity at Goldman Sachs Asset Management, says the market is misreading both the funding backdrop and the competitive dynamics shaping the next phase of the AI race. Cho says fears around how the AI buildout will be financed are overstated, noting that the bulk of spending is coming from strong balance sheets rather than fragile credit markets. “If you think about the aggregate…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
Amazon is in talks to make a major investment in OpenAI that could value the ChatGPT maker at more than $500 billion, underscoring how aggressively Big Tech is still spending to secure artificial intelligence dominance. The discussions involve a potential investment of roughly $10 billion, Reuters reports. A person close to the matter says talks are “very fluid” and could change as negotiations continue. The Information, which first broke the news of the potential investment, says OpenAI is looking to use Trainium chips, Amazon’s custom AI chips, and that the financing could trigger a broader fundraising round involving other investors.…
Treasury Secretary Scott Bessent says artificial intelligence skills are becoming essential for young Americans entering a labor market that is changing faster than traditional education paths can keep up. In a new Fox Business interview, Bessent says if he were starting out today, he would focus on becoming an AI native, drawing a parallel to how digital fluency gave college graduates an edge during the early internet era. “I don’t know what job I would go into, but I can tell you, I would be trained up in AI. What college kids can do, if you remember during the internet…
Billionaire investor Mark Cuban believes that AI has now become a tool that artists and creators can no longer shun. In a series of posts on X, Cuban says that generative AI should not be viewed as a threat to creativity itself, but as a tool that creators will increasingly need to stay relevant and reach audiences. “AI is not going away. It’s only going to evolve further and impact the creative process and economics for every creator.” Cuban also pushes back on the idea that generative AI automatically dilutes originality, saying the technology does not replace creativity or storytelling…
A looming wave of spending across the AI buildout is forcing a rethink of how governments and corporations work together to build the next generation of the global economy. In its 2026 Investment Outlook, trillion-dollar asset titan Brookfield says AI is emerging as a general-purpose technology on par with electricity and the internet, with the potential to reshape every sector of the economy. But Brookfield says realizing the promise of AI will require infrastructure spending on a scale that traditional public funding models can no longer support. “Artificial general intelligence could unlock as much as $10 trillion in productivity gains…
OpenAI’s ChatGPT is still the world’s most widely used generative AI service, but Cloudflare data shows the competitive gap has narrowed sharply over the past year. In a new analysis of global internet traffic patterns, Cloudflare says ChatGPT remained the top-ranked generative AI platform throughout 2025, but rivals including Claude, Perplexity, and Google Gemini posted faster growth and gained share as the year progressed. “[ChatGPT] now faces serious all-purpose chatbot competitors, including Claude, Perplexity, and Google Gemini, which saw more growth as the year went on.” The firm says the market has shifted away from niche tools toward broad, all-purpose…
A prominent market analyst says Tesla (TSLA) is now pushing into uncharted territory in a move that reflects a decisive technical breakout years in the making. In a new post on X, Wellington-Altus’s top strategist, James Thorne, says Tesla has completed a major breakout pattern after years of consolidation, noting that it’s nothing but blue skies for the stock of the electric vehicle maker. “Long-term investors are rewarded. Triple top breakout. Don’t bet against Elon. TSLA.” On Tuesday, TSLA exploded to a new all-time high of $491.50 before closing the trading session at $489.88. The triple top breakout suggests that…
A JPMorgan strategist says the artificial intelligence boom is entering a new phase, one where markets begin separating winners from losers rather than rewarding everything tied to the theme. In a new CNBC interview, Jordan Jackson, global market strategist at JPMorgan Asset Management, says the AI rally is shifting away from broad-based gains and toward a period of differentiation that could shape market outcomes into 2026. “I think the AI theme has gone from being just this indiscriminate rally where everyone benefits to this period of deciphering the winners and the losers. I think you will start to see more…
A senior Morgan Stanley wealth executive says a key development in capital markets could play an outsized role in shaping the next phase of the artificial intelligence buildout. In a new CNBC interview, Chris Toomey, managing director at Morgan Stanley Private Wealth Management, says the AI expansion is still in its earliest stages, with demand running well ahead of available supply. “I think we’re in such an embryonic piece with regards to this buildout within AI that it’s probably still too early for us to get too far ahead of ourselves. There is so much demand, and the supply is…
Scammers using AI deepfakes have siphoned over $86,800 in Bitcoin from a divorced father, even after repeated warnings from security experts. In a post on X, Terence Michael of the BTC security firm Bitcoinadviser says his client is not wealthy and had only just reached the milestone of owning one full Bitcoin after years of hard work. “He finally made it to 1 BTC. I celebrated with him over the phone.” Michael says the client, who was recently divorced with a young daughter, set up a multi-key security and inheritance structure with Bitcoinadviser and Unchained. But within days of leaving…