OpenAI quietly adds a new commerce layer inside ChatGPT, one that could transform the chatbot from an information tool into a transactional platform. The company is rolling out Instant Checkout, powered by the Agentic Commerce Protocol (ACP), allowing users to discover, decide, and pay for goods or services without leaving the app. The system is designed as an open standard. Merchants control pricing, product catalogs, and fulfillment, while OpenAI takes a small platform fee on transactions. Stripe is handling payment processing and payouts. “ChatGPT acts like a personal shopper. People describe what they’re looking for—’a durable carry-on under $300′ 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.
The head of one of the world’s largest asset managers says the AI boom is setting off a structural wave of investment that will transform energy markets. In a new Bloomberg interview, Manny Roman, chief executive officer of Pacific Investment Management Co. (PIMCO), says the AI buildout is a “super secular opportunity” that spans both finance and infrastructure. He points to a surge in demand for funding and equity tied to the rapid construction of data centers worldwide. “There is an enormous need for funding and equity in data centers. I don’t know whether the $6.7 trillion from McKinsey is…
A Deutsche Bank survey warns that investors are getting jittery about tech stocks, while Citi offers a play that gets exposure to the sector. Deutsche Bank’s quarterly investor survey finds a rising concern that technology stocks may already be in bubble territory, reports The Wall Street Journal. On a scale from 1 to 10, with 10 denoting an “extreme bubble,” institutional investors rated tech a 7.4. The figure is higher than last year, though still below 2021, when near-zero interest rates propelled valuations. The survey, based on 280 global respondents polled last week, highlights a widening unease over whether the…
Banking giant Morgan Stanley sees three forces adding momentum to the US economy despite recent weakness in the labor market. In a new podcast, Morgan Stanley says deficit-financed government spending remains a powerful source of economic stimulus. “This deficit, running at about 6.5% of the size of the whole economy, is providing stimulus. It’s only been larger during the Great Financial Crisis, COVID, and World War II. It’s punch.” Looking at US corporations, the bank says AI and technology firms are in the midst of a historic spending wave. “We here at Morgan Stanley think that AI-related spending could amount…
A veteran Wall Street strategist says the S&P 500 is poised to reach record highs this year as the Fed turns its attention to a labor market being strained by AI. In a new video update, Fundstrat chief investment officer Tom Lee expects the S&P 500 to continue advancing into the fourth quarter, pointing to technical levels that suggest the index has room to run to the upside. While stocks are oversold in the near term, he notes that broader market momentum remains intact. “But the S&P 500 is still comfortably above the 20-day moving average, which is 6,602. And…
Nvidia rival Huawei is preparing to significantly ramp up production of its most advanced AI processors, underscoring China’s efforts to reduce its reliance on foreign suppliers. People familiar with the matter tell Bloomberg the Chinese firm aims to produce about 600,000 of its 910C Ascend chips in 2026, roughly twice the number it will ship this year. The broader Ascend product line could reach as many as 1.6 million dies, a meaningful step for a company that struggled to deliver hardware under US sanctions. The push highlights how Huawei and its main manufacturing partner, Semiconductor Manufacturing International Corp. (SMIC), are…
A Federal Reserve Governor says digital assets and AI could reshape the mechanics of global finance while driving down costs and risks for consumers. Speaking at the Sibos conference, Fed Governor Christopher Waller says stablecoins are a new form of private money and positions AI as a critical tool for fraud prevention and compliance. He says the technologies can expand choice in payments and enhance resilience across borders. Waller frames his remarks in the history of payment innovation, from paper to electronic systems to today’s shift toward real-time settlement. He argues that new instruments should be viewed as extensions of…
ARK Invest CEO Cathie Wood is taking aim at skeptics who are calling for an AI bubble following deals to the tune of billions of dollars. In a new interview with Wilfred Frost of the Master Investor Podcast, Wood says the AI story is different from the tech and telecom bubble of the late 1990s. Wood says that back then, the speculative mania hit, but the technologies were not ready for mass adoption. “My background is economics. And so when I see capital flooding into a space, my first thought is, okay, there’s going to be overbuilding, and we’re going…
A prominent venture capitalist is questioning whether restrictions on high-end Nvidia (NVDA) chips are doing more harm than good for the US tech industry. In an interview at Columbia Business School, Ben Horowitz emphasizes the need to accelerate US AI development while deepening cooperation between the government and the private sector. “I think a balance of power and AI is good, which is why open source is good, which is why us developing the technology as fast as we can is important. It’s why the private sector integrating with the government in the US is important. China is much better…
A New York fund manager says the Chinese stock Alibaba (BABA) has quietly become one of the market’s purest AI trades. In a new interview on the Schwab Network, Thomas Hayes, chairman of Great Hill Capital, says his firm heavily accumulated BABA when it dropped below $70 in 2022. According to Hayes, the firm’s conviction in Alibaba has paid off, and he believes the stock is not yet done surging amid the AI trade. He highlights that Alibaba is now positioned as both a dominant e-commerce giant and one of the world’s most undervalued AI platforms. “Look, we started buying…