The chief executive of chipmaker AMD believes that AI giants doubling down on the infrastructure buildout are making the right call. In a new CNBC interview, Lisa Su says the speed of the AI cycle has forced the industry to reset expectations, with demand moving far faster than analysts anticipated. She says AI is now past the stage of experimentation and curiosity, with enterprises finally seeing tangible productivity gains. “I think we started a couple of years ago. We thought the AI accelerator TAM (total addressable market) might be $300 billion. And that sounded like a really big number. And…
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.
“Big Short” investor Michael Burry pushes back against reports that overstated the size of his latest bearish bet on Palantir (PLTR), calling out major news outlets for misreporting the cost of the trade. In a fresh post on X, the controversial short seller says media coverage inflated the wager almost a hundredfold, turning what he described as a seven-figure position into a headline-grabbing nine-figure bet. Burry lays out the math himself, saying the trade involved 50,000 contracts at less than $2 each, with each contract controlling 100 shares of Palantir. “So, I bought 50,000 of these things for $1.84. Each…
Michael Burry, the investor who nailed the 2008 housing market collapse, believes that he’s once again early in betting on a market meltdown. In 2005, Burry initiated a bet against the US housing market by buying credit default swaps on subprime mortgage-backed securities, which serve as an insurance policy that would dole out huge payments if the underlying assets collapsed. The investor had to wait until about 2008 before generating a personal profit of $100 million and more than $700 million for his backers. Recent 13F filings show that Burry’s Scion Asset Management holds $912.1 million worth of Palantir (PLTR)…
An investment banking advisory firm names one hyperscaler as its top AI play with satellites as its next frontier. In a new CNBC interview, Evercore ISI’s Mark Mahaney says his winning stock play is Amazon (AMZN), noting that the company’s cloud growth has re-accelerated and demand remains strong as enterprises lean into AI workloads. “Specifically, right now, you just got the unlock from AWS. You finally got this thing above 20% and that growth could get better than that next year. The demand across the industry is super strong. There’s an OpenAI deal that they did. The capacity is really…
Research and advisory firm Gartner believes that AI is a massive force that will drive business and IT leaders to transform the workplace. Speaking at Gartner IT Symposium/Xpo in Barcelona, analyst Helen Poitevin says she sees AI disrupting the workplace in the coming years. While she doesn’t expect the tech to trigger mass unemployment, Poitevin says employees must learn new skills to adapt to the incoming wave of AI adoption. “Every day, 150,000 jobs will evolve through upskilling, while 70,000 more jobs will need to be rewritten, reworked, and redesigned. Executive leaders must plan their AI investments and goals to…
SoftBank is rotating capital out of legacy winners and into what it believes to be the next dominant AI platform, committing fresh billions of dollars to OpenAI. On the company’s latest results call, chief financial officer Yoshimitsu Goto says OpenAI is a core engine for future returns, after the investment giant saw its fair value investment in the ChatGPT creator surge by $14.6 billion in the first half of its 2025 fiscal year. “OpenAI is one of our key growth drivers. In the second quarter, the fair value of our OpenAI investment rose sharply, reflecting the latest transaction valuation.” Goto…
Well-known short seller Jim Chanos is drawing a red line under the AI trade, warning that data center operators powering the boom are now valued like the technology giants they supply. In a new post on X, Chanos says the economics of AI infrastructure are being stretched to the point where even aggressive accounting assumptions suggest “landlords” like CoreWeave (CRWV) are barely making money. According to Chanos, CoreWeave’s economics reveal the pressures underneath the AI buildout. “As the AI DC bulls now try to convince you to extend depreciable lives on GPUs today, consider this: CRWV’s 3Q annualized Adj EBITDA…
A venture capitalist sounds the alarm on Meta’s artificial intelligence strategy, noting the company’s leadership pipeline and internal structure are fracturing just as it races to scale its AI ambitions. In a new post on X, Menlo Ventures partner Dee Dydas highlights the back-to-back departures from Meta’s AI ranks, tying the exits to deeper instability at the company’s research arm amid a sprawling, capital-intensive push into generative AI. “Meta’s AI org is in disarray. First, Soumitra Chintala, the inventor of PyTorch, leaves. Now, Yann LeCun, their AI head, leaves.” The comments come as news emerged that LeCun is planning to…
A prominent tech strategist challenges Michael Burry’s warning that hyperscalers are committing a “modern era fraud” by extending chip depreciation schedules to inflate profits. On Monday, “Big Short” investor Burry said AI giants are extending depreciation schedules on AI chips to boost earnings. He also predicted that hyperscalers will understate depreciation by $176 billion in the coming years. But Futurum Group CEO Daniel Newman takes the opposite side of the argument. In a new CNBC interview, he says rapid advances in chip efficiency don’t automatically make current depreciation timelines fraudulent. “So these things are lasting longer than a few years.…
Banking giant Goldman Sachs believes that the AI boom has yet to hit true bubble territory, but warns that hyperscalers could be marching toward the point of collapse. In a new episode of the Goldman Sachs Exchanges podcast, the bank’s head of internet equity research, Eric Sheridan, says today’s AI cycle doesn’t perfectly mirror the late-1990s boom. While the current boom has some resemblance to past tech bubbles, he notes that hyperscalers are still standing on a solid financial footing. “Do I see signs that point me back to the late 90s or the 07 time period? Sure. Private market…