The U.S. Federal Trade Commission has opened a broad inquiry into consumer AI chatbots, zeroing in on how conversations are monetized and how data is handled. The agency has issued compulsory 6(b) orders to seven firms and asked for detailed disclosures. Recipients include Alphabet, Meta, OpenAI, Character.AI, Instagram, Snap, and xAI. The study is not an enforcement action but can inform future cases. The regulator wants to see how companies measure and monitor negative impacts, process user inputs, generate outputs, and use information gleaned from chats, with a special focus on child safety. Says FTC Chairman Andrew N. Ferguson, “Protecting…
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.
Ex-Goldman Sachs chief executive Lloyd Blankfein says he’s fully invested in stocks as he sees the current setup as one of the most powerful market moments he has ever witnessed. In a new Squawk Box interview, the former Goldman Sachs chief points to a convergence of monetary policy and technology as the drivers of the next leg higher. Blankfein, who ran the Wall Street bank through the 2008 Global Financial Crisis, explains that rate cuts combined with investor enthusiasm for artificial intelligence are creating what he views as a unique alignment of tailwinds. “I have all these bearish thoughts, but…
Brookfield’s chief executive says the AI boom is now a backbone investment for sovereigns and corporations, with capital commitments measured in the tens of billions. Speaking at the firm’s investor day, Bruce Flatt describes how the Canadian asset manager is positioning itself to supply the infrastructure fueling the AI buildout, from power and data centers to compute capacity. He also notes that while there’s froth in AI, he sees the space as a solid long-term investment opportunity. “So remember what we do is build the backbone of the global economy. So we are building power data centers with compute capacity…
OpenAI and Nvidia are reportedly gearing up to channel billions of dollars into UK data centers as the competition to dominate artificial intelligence infrastructure intensifies. The two companies are expected to announce their plans during President Donald Trump’s visit to Britain next week, when American firms across multiple industries are expected to unveil tens of billions of dollars in new investments, reports Bloomberg. OpenAI is partnering with London-based Nscale Global Holdings on the project. The UK company has been building out sites designed for large-scale AI workloads, including a facility in Essex with capacity for as many as 45,000 Nvidia…
A cybersecurity firm warns of a sprawling scam network that is leveraging artificial intelligence (AI) to sell fraudulent healthcare products through ads, fake profiles, and bogus websites. In a new blog post, BrandShield reveals a coordinated operation that impersonates real doctors and misuses the logos of respected organizations to build trust with vulnerable patients. “At its core is a surge of fake ads promoting fake ‘miracle’ health products for chronic conditions: GLP-1 weight-loss alternatives, arthritis creams, bronchitis inhalers, glaucoma drops, and more. These products are completely fraudulent.” The operation relies on stolen identities and digital fakery powered by artificial intelligence.…
Wells Fargo chief Charlie Scharf believes that AI is not responsible for the recent weakness in the US labor market. In a CNBC interview, the Wells Fargo boss believes that artificial intelligence is still in its early days, and it wouldn’t account for the recent drag in hiring. “There’s the whole AI revolution. I personally think we’re still so early in the impact of AI that it’s hard to actually believe that that’s the meaningful driver today.” Instead, Scharf says one factor that’s shaping hiring decisions is the response of businesses and entrepreneurs amid the shifting macro environment. “And I…
Andreessen Horowitz (a16z) says the fastest-growing consumer AI companies are breaking through old limits on growth, with retention patterns flipping into positive territory. In a new analysis, the venture firm frames this shift as a structural break from the old churn-heavy model that constrained consumer software. The firm argues that AI-driven products are monetizing faster and sticking longer than anything that came before. The firm says that two drivers are fueling the pattern. “The fastest growing consumer AI companies are now seeing revenue retention above 100% – what I call the ‘Great Expansion.’ This happens in two ways: 1) consumers…
OpenAI chief financial officer Sarah Friar says the artificial intelligence boom is still in its earliest stages, with consumer adoption and enterprise usage surging alongside a sharp rise in revenue. In an interview at the Goldman Sachs Communacopia + Technology Conference, Friar says the AI build-out is so vast that it could generate companies larger than any market titan to date. Friar highlights how quickly OpenAI has scaled over the past year. “I think a year ago, a lot of people were still like, ‘Is AI real?’ And I think here we are a year later, 700 million consumers using…
Goldman Sachs chief David Solomon says the AI boom is generating powerful tailwinds for growth as two banking giants abruptly boost their price target for the S&P 500. In an interview at Goldman’s Communacopia + Technology Conference, Solomon says artificial intelligence will power growth and productivity even amid macroeconomic concerns. “And if you think about the changes in technology and media over that period of time, you know, email was just invented in the early 90s. Nobody had it. You think about where we are with AI. You think about the interest. There are 3,000 clients here, hundreds of companies,…
Ray Dalio says he is beta testing an artificial intelligence agent trained on decades of his personal decision-making framework, promising users a digital version of himself that can engage in real conversations. The billionaire investor confirms the project in a Reddit AMA (Ask Me Anything) session, framing it as a way to scale his principles to a much wider audience than he can reach directly. Dalio, founder of Bridgewater Associates and author of Principles, has long emphasized the codification of rules for navigating markets and life. He describes the project as a culmination of the thousands of principles he has…