Meta chief global affairs officer Joel Kaplan is laying out the path for Meta to bring Personal Superintelligence to billions of people across the globe. In a new CNBC interview at Davos 2026, Kaplan says Meta’s long-term ambition is to deliver superintelligence to the hands of every person on the planet. According to the executive, Meta is prepared to spend hundreds of billions of dollars to make the vision come to life. “We’ve got a platform that serves 3.5 billion people every day, so we have some real advantages there. And we are spending a lot of money to build…
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.
Michael Burry, the investor who nailed the 2008 housing market collapse, issues a dire warning, saying that even the richest nation on Earth won’t be able to save the AI bubble. Burry issues his warning on X in response to a post by legendary investor George Noble, who says that OpenAI is falling apart in real-time. Noble highlights the ChatGPT creator’s rapidly deteriorating balance sheet, noting that OpenAI is flashing “all warning signs.” “OpenAI lost $12 BILLION in a single quarter, according to Microsoft’s own fiscal disclosures. Deutsche Bank estimates $143 billion in cumulative negative cash flow before the company…
Anthropic chief executive Dario Amodei sounds the alarm about President Trump’s decision to sell extremely powerful Nvidia chips to China, noting that the move is akin to handing a weapon of mass destruction to a rival nation. In a new Bloomberg interview at Davos, Amodei says China has never really caught up with the US, despite last year’s DeepSeek moment. Amodei says Chinese models are optimized to hit performance benchmarks, and he doesn’t see them as a threat to the top US LLMs. “It’s actually very easy to optimize a model for a finite list of benchmarks. When we go…
Tom Lee, Fundstrat’s co-founder and head of research, says the firm is still bullish on the Magnificent 7 but notes the firm is now more interested in two equity sectors that have underperformed since 2021. In a new interview on the Master Investor Podcast, Lee says he’s still sticking with the Mag 7 because he believes the stock group is poised to outperform the broader equity market this year. But he says two sectors that have lagged could generate more returns and spark a wave of rallies based on historical data. “We still like the Mag 7 because we’re confident…
A prominent AI researcher known for his contrarian calls believes that OpenAI is the most vulnerable company in the race amid a sky-high valuation and no profits. In a new interview with Big Short investor Steve Eisman, Gary Marcus highlights OpenAI’s $1.4 trillion in spending commitments, even though the ChatGPT creator has never been profitable. “OpenAI has, you know, trillion-plus dollars in outstanding commitments, has never made a profit. They’re now in a commodity market. Their biggest competitor, Google, caught up, and not only have they caught up, but they got the Apple deal, which is a really big deal.…
Prominent cybersecurity firm Bitdefender warns that bad actors are now using AI to launch convincing scams against small businesses at a much larger scale. In a new blog post, Bitdefender says AI-powered phishing now feels very real as fraudsters use generative AI tools to craft professional-looking messages, making scams more difficult to detect. “AI can now write emails that sound like real coworkers, real vendors, or real clients. These messages often reference actual projects, use industry-specific language, and are sent to people in finance, HR, or leadership, the roles that can move money or data. Attackers gather details from public…
Business and tech insights firm Gartner projects that total AI spending across the globe is set to shatter the $2 trillion mark this year. In a new press release, Gartner says AI investments will surge to $2.52 trillion in 2026, representing a 44% jump from the $1.757 trillion spent in 2025. Leading the investment charge are hyperscalers and data center builders, with Gartner predicting a $1.366 trillion spend in AI infrastructure this year. According to the firm, the figure marks a $401 billion jump from the $964 billion spent on AI infrastructure last year. Building out and updating the tools…
Khosla Ventures founder Vinod Khosla says the pervasive narrative that AI is in a bubble is great for the media but does not necessarily reflect what’s happening under the hood. In a new interview on The OpenAI Podcast, the billionaire says that looking at stock prices is a largely inaccurate method to determine whether a tech cycle is in a bubble. According to Khosla, stock values reflect the volatile swings of investor sentiment and have nothing to do with actual demand. “There’s also this funny notion of a bubble. People equate bubble to stock prices, which have nothing to do…
The International Monetary Fund (IMF) is sounding the alarm about the AI trade, warning that a mismatch in hype and outcomes could have real consequences for investors and consumers. In its World Economic Outlook Update, the IMF says the tech sector has been one of the pillars that has kept the global economy resilient over the past few years. The institution warns that should the AI trade fall short of expectations, it could spark a wave of negative effects that ripple across the globe. “The resilience exhibited so far is driven largely by a few sectors and often supported by…
A contrarian investor who accurately called the Japanese stock market peak, the dot-com bubble and the 2008 housing market collapse is sounding the alarm on the AI trade. In a new Bloomberg Podcasts interview, GMO co-founder Jeremy Grantham says AI is no different from any other tech cycle in the past, as investors pile in and capture the potential upside of a life-changing innovation. “I think it’s obviously a bubble, and I think it’s quite a simple story. Bubbles don’t occur when there’s some crummy idea that gets touted… All the bubbles are associated with serious things, and the more…