Author: Henry Kanapi

Amazon deploys tens of billions of dollars into a major expansion of artificial intelligence and supercomputing capabilities for its US government customers. In a new update, Amazon says it is committing up to $50 billion to build new infrastructure designed to deploy AI and high-performance compute for US government agencies. The company says the investment will support federal agencies by adding nearly 1.3 gigawatts of advanced compute capacity to AWS Top Secret, AWS Secret and AWS GovCloud regions. The buildout will deliver purpose-built data centers starting in 2026. “Federal agencies will gain expanded access to AWS’s comprehensive AI services, including…

Fundstrat’s head of technical strategy, Mark Newton, says the S&P 500 is showing a deteriorating breadth signal that has aligned with prior bear markets. In a new CNBC interview, Newton highlights the shrinking share of stocks participating in the market’s advance. He warns that the same signal appeared last year and in 2021, foreshadowing an over 20% correction in the months that ensued. “There’s only about half of all stocks that are above their 50-day moving average, and that’s troublesome. That happened also this time last year. And it also happened back in 2021.” The S&P 500 ended 2024 at…

Macro expert Luke Gromen says the United States is now in a fiscal corner that cannot be escaped even if the AI boom delivers a powerful productivity surge. In a new post on X, America’s AI Czar, David Sacks, says AI-related investments are now fueling 50% of the country’s GDP growth, citing data from The Wall Street Journal. “A reversal would risk recession. We can’t afford to go backwards.” In response, Gromen says AI is bad news for the US economy, even if it works. According to the macro expert, the US will witness an economic downturn and face massive…

Morgan Stanley says the equity market is entering a stronger phase than most investors realize, despite the recent pullback. In a new episode of the Thoughts on the Market podcast, Morgan Stanley CIO Mike Wilson says labor market softness could force the Fed to take a more accommodative stance that could alter the S&P 500’s direction. “In our view, this type of labor market weakness, coupled with the administration’s desire to run it hot, means that ultimately the Fed is likely to deliver more dovish policy than the market currently expects. It’s really just a question of timing, but that…

A top executive at the largest bank in Russia says artificial intelligence is becoming a new dividing line between global powers, similar to the nuclear era. In an interview with Reuters at Russia’s annual AI Journey event, Sberbank’s first deputy CEO, Alexander Vedyakhin, says only countries that build their own foundation models will hold strategic influence in the decades ahead. “AI is like a nuclear project. A new ‘nuclear club’ is emerging globally, where either you have your own national large language model or you don’t.” He notes that Russia must develop multiple homegrown systems rather than rely on foreign…

A macro investor with over 30 years of experience believes that AI will boost balance sheets in the same way the Fed’s quantitative easing (QE) once did for Corporate America. In a new video update, Jordi Visser says the profit dynamics behind AI resemble the post-2008 crisis period when quantitative easing boosted margins by cutting costs and driving operating leverage. According to Visser, investors should focus on the big picture benefits of AI instead of obsessing over bubble signs. “This is why I talked about the fact that QE is basically artificial intelligence in terms of the fact that we’re…

Anthropic has uncovered a disturbing failure mode after training a model to cheat on reinforcement-learning tasks, revealing dangerous behaviors that emerged without being explicitly taught. The findings come from a new internal study that examined what happens when a base model is nudged toward “reward hacking,” where the AI finds a shortcut to achieve rewards, but the result is misaligned with the real-world objective. A robot hacks the goal of cleaning a certain area by making a mess and cleaning it up to get high rewards. Researchers set up a controlled test, fed the model hints on how to cheat, and then…

Google is lifting the curtain on the training breakthroughs that propelled Gemini 3 into the front of the AI model race. Google’s Deep Learning lead and Gemini co-head, Oriol Vinyals, says in a post on X that the jump from version 2.5 to 3.0 is one of the biggest performance gains it has ever witnessed. He says the key was not a clever trick or a new architecture, but a major improvement in the way the model was trained before and after its main learning cycle, challenging the assumption that scaling was ending. According to Vinyals, Google found better ways…

Macro guru Lyn Alden believes that the AI boom is about to enter a cooling period that could last longer than most investors expect. In a new interview on The Money Matters Network, the macro expert highlights the relationship between the price of AI stocks and capital expenditures (CapEx). According to Alden, investor enthusiasm and spending plans across the largest technology companies are tightly linked, with share prices leading and capital expenditure following on a lag. “I think that the share price and the CapEx are actually somewhat intertwined so that they’re not just two different things.” She believes that…

Elon Musk says Tesla is quietly becoming an AI chip powerhouse with ambitions to outproduce the rest of the industry combined. In a new post on X, Musk says Tesla has spent years building an internal AI chip and board engineering group that now designs the hardware powering its cars and data centers. “Most people don’t know that Tesla has had an advanced AI chip and board engineering team for many years. That team has already designed and deployed several million AI chips in our cars and data centers.” He says those in-house chips are central to Tesla’s push to…