Former Barclays chief executive Bob Diamond says the market is struggling to digest the sheer scale of money pouring into artificial intelligence, feeding into the current correction in risk assets. In a new Bloomberg interview, Diamond says investors are overwhelmed by the capital being deployed into data centers and AI infrastructure. “One of the things we were talking about there was the big numbers in AI. I mean, the billions here, trillions there, billions here, data centers. And I think most people have a hard time really processing it.” He says the confusion over valuations does not contradict a strongly…
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.
Brookfield Asset Management is raising a multi-billion-dollar pool to build and buy the physical backbone of artificial intelligence. The Canadian giant is targeting $10 billion in equity for its inaugural AI infrastructure fund and has already secured half that amount from backers including Nvidia, the Kuwait Investment Authority and its own balance sheet, reports The Wall Street Journal. With debt financing and investor co-commitments layered on top, Brookfield plans to deploy as much as $100 billion into the sector. The focus spans data centers, dedicated power generation and semiconductor manufacturing. Most of the capital will go into greenfield projects built…
Anthropic is locking in tens of billions of dollars in compute capacity and fresh capital as part of a new three-way AI partnership with Microsoft and Nvidia. In a joint announcement, the companies say Anthropic has committed to purchasing $30 billion of Azure infrastructure to scale its Claude models. The deal also includes a plan to contract additional compute capacity up to 1 gigawatt. Meanwhile, Microsoft and Nvidia are deepening their own roles in Anthropic’s growth. The companies are prepared to invest up to $5 billion and up to $10 billion, respectively. Anthropic says the agreement brings frontier Claude models,…
Michael Burry is sharpening his criticism of how major tech companies use accounting tricks to conceal the true cost of AI asset depreciation. In a new post on X, “Big Short” investor highlights changes to Baidu’s accounting by extending the useful life of its servers and reducing annual depreciation expense. “2021: Useful life 4 to 5 years for servers. 2024: Useful life 5 to 6 years for servers.” Burry notes that Baidu also recorded a major write-down of its physical AI assets. “Took a RMB 16.2 billion impairment on RMB 30.1B net PPE. Over 50%.” Burry also points out that…
Alphabet CEO Sundar Pichai is issuing a dire warning, saying that there will be nowhere to hide for AI companies if the massive investment boom takes a wrong turn. In a recent BBC interview, Pichai traces the current era to previous inflection points in technology, including personal computing, the internet, mobile, cloud and now AI. He also says the race is now at a critical juncture as firms collectively pour 13 figures into the AI infrastructure buildout. “Google was spending less than $30 billion per year. This year, that number is going to be over $90 billion. And if you…
Morgan Stanley believes that the surge in artificial intelligence spending will drive corporate earnings and propel US stocks to fresh record highs next year. In a new episode of the bank’s Thoughts on the Market podcast, Morgan Stanley global cross-asset strategist Serena Tang says markets are shifting from macro fear to micro opportunity. She also notes that the Trump administration’s pro-business approach will drive risk-taking in the stock market. “We think 2026 will be a strong year for risk assets, as you have an unusually pro-cyclical policy mix that’s supportive of earnings. And that frees up markets to, I think,…
Banking giant JPMorgan Chase believes that the rapid pace of investment in the artificial intelligence space will not let up anytime soon. Data from Bloomberg shows that the four largest hyperscalers – Meta, Alphabet, Amazon and Microsoft – are poised to allocate more than $400 billion in AI capital expenditure (CapEx) in 2026. The figure represents nearly 100% of what the four tech giants invested in AI just last year. In a new Bloomberg interview, Grace Peters, co-head of Global Investment Strategy at JPMorgan, says the swelling spending wave is sustainable and AI stock valuations are justified. She also notes…
JPMorgan’s chief investment officer says the clearest signal on artificial intelligence is not stock price volatility, but where companies are putting real money. In a new CNBC interview, JPMorgan CIO Bob Michele says corporate spending patterns show businesses are preparing to scale AI, not retreat from it. “I think you have to look at where the money’s going. And right now, every company we talk to, and we extend a lot of credit into the system, everyone’s gearing up for CapEx (capital expenditure) next year.” Michele says AI is now viewed as an operational advantage that companies cannot afford to…
Bernstein is pushing back hard on the narrative that hyperscalers are hiding losses behind aggressive depreciation schedules, noting that AI hardware continues generating value well beyond what critics claim. In a new note posted on X by VanEck’s Matthew Sigel, Bernstein analysts say investors should ignore claims that AI hardware like Nvidia’s A100s loses much of its value after just three years. Bernstein believes the useful life of cutting-edge GPUs is considerably longer. “We observe that cash costs of operating a GPU are very low compared to market prices for GPU rental, making the contribution margins of running old GPUs…
Amazon has returned to the US bond market for the first time since 2022, securing billions to accelerate its artificial intelligence infrastructure buildout. The AI giant has raised $15 billion from a bond sale that will support acquisitions, capital expenditures and share buybacks, alongside ongoing investment in data centers and custom silicon, reports Bloomberg. The offering drew peak demand of roughly $80 billion, before orders were reduced as pricing tightened during the bookbuild. Amazon sold investment-grade notes across six tranches. The 40-year portion is priced at 0.85 percentage points above Treasuries, tightening from initial talk of 1.15. Analysts project Amazon’s…