AI played a central role in a record surge of online shopping as Americans shifted away from crowded stores on Black Friday. New data from Adobe Analytics shows that US consumers spent $11.8 billion online, marking a 9.1% increase from last year, as shoppers leaned on AI tools to find discounts and avoid tariff-driven price pressures. Adobe says AI-fueled traffic to retail sites in the US skyrocketed 805% compared to 2024 as digital assistants and chatbots steered holiday traffic by helping users sort prices, compare products and surface deals faster than traditional searches. Says eMarketer analyst Suzy Davidkhanian, “Consumers are…
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.
A former Google manager and tech lead warns that dating apps are now rife with AI-enhanced images that put users’ safety at risk. In a new post on X, Deedy Das, who is now a partner at the VC firm Menlo Ventures, says fraudsters are using Google’s Nano Banana Pro to dupe people in dating apps. “Dating apps are the first big category to fall with Nano Banana Pro. — Catfishers are everywhere — No status-signaling: everyone can add travel photos, expensive clothes and watches — Fix your face, height, weight.” Nano Banana Pro is Google’s latest and most advanced…
US Representative Ro Khanna issues a dire warning that millions of truck and long-haul drivers will likely be out of a job if the government fails to establish guardrails on AI and autonomous vehicle innovation. In October, reports emerged that a US Senate report found that AI and automation could replace about 100 million jobs in the next decade, with 47% of truck drivers likely to be displaced. Amid the AI job displacement backdrop, Khanna says the trucking sector faces serious disruption without clear rules to protect the workers most exposed to automation. He warns that AI adoption should not…
Best-selling finance author Robert Kiyosaki is sounding the alarm about a move happening on the other side of the world that could have catastrophic ramifications in the US. In a fresh post on X, the Rich Dad Poor Dad author says the Japanese carry trade has created the biggest bubble in the world for three decades. Kiyosaki explains that during the 30-year period, the central bank of Japan kept near-zero interest rates, allowing investors to borrow cheap yen and convert the currency into dollars to buy high-performing assets like US stocks, US Treasuries, commodities and real estate. But with Japan…
Investment banking advisory firm Evercore believes Google (GOOGL) has now secured an edge in the AI race following the launch of Gemini 3. In a new CNBC interview, Mark Mahaney, head of internet research at Evercore ISI, says the market misread Google six months ago and is now reassessing the strength of its fundamentals and AI positioning. Mahaney says Google’s recent run has taken the valuation to a level where further multiple expansion may be limited, but he believes the company’s unique AI strategy can still drive long-term gains. “Is it overbought here 29 times [earnings]? No, but I think…
McKinsey warns that today’s AI technology could theoretically automate activities that account for more than half of all work hours in the US. The firm’s November report notes that AI agents and robots are becoming more capable of performing cognitive and physical tasks as they learn from massive datasets. According to McKinsey, the training allows machines to simulate reasoning and respond to a broad range of inputs, and they are now ready to automate the majority of US work hours. “We estimate that today’s technology could, in theory, automate about 57% of current US work hours. This figure compares the…
A wave of heavy borrowing is sweeping through the data-center world as companies race to supply OpenAI with the compute needed for its next generation of models. SoftBank, Oracle and CoreWeave have already taken on more than $30 billion in loans to either invest in OpenAI directly or build the data-center capacity required to serve the ChatGPT creator’s accelerating demand, the Financial Times reports. SoftBank is among the largest borrowers, having raised roughly $20 billion this year for AI investments, with OpenAI as the primary destination. A person close to the company says $1 billion of its $8.5 billion bridge…
A business and technology insights firm believes that AI agents are set to become a dominant force in enterprise sales over the next several years. In a new press release, Gartner forecasts a steep rise in automated sellers as organizations expand their use of AI across sales operations. But the firm notes that AI agent adoption alone will not guarantee meaningful gains for sales teams. Gartner sees many organizations struggling to translate automation into measurable productivity improvements. “By 2028, AI agents will outnumber human sellers by tenfold, but less than 40% of sellers will report that AI agents have improved…
A new MIT study finds that Chinese users are downloading open models at a pace that now surpasses the US, marking a shift in who is doing the hands-on work of building with AI. The data comes from Hugging Face, the online hub where developers store, share and remix tens of thousands of AI models. The platform functions as a public library and workshop for the global AI community, and its download metrics offer a window into real activity rather than corporate announcements. The MIT study, which analyzed 851,000 models and 2.2 billion downloads, shows Chinese developers running ahead of…
A tech-focused research firm says Wall Street may be overlooking one Mag 7 name that’s already generating billions of dollars from its AI efforts. In a new CNBC interview, Rosenblatt Securities senior research analyst Barton Crockett says the market has rushed to crown Google (GOOGL) as the dominant force in large language models. This week, GOOGL has surged to a new all-time high of $328, pushing the company to a near $4 trillion valuation following the launch of Gemini 3. According to Crockett, the market appears to have priced in that Google is now the king of AI, while assuming…