The Nvidia rival AMD is positioning itself for what it believes will be an AI hardware cycle to the tune of $1 trillion. In a new CNBC interview, AMD CEO Lisa Su reiterates her total addressable market estimate for AI hardware, noting that tech companies need more than one type of chip to power their compute needs. “I would take a step back and say, look, we are sizing this AI accelerator market at a trillion dollars over the next five years. It’s a huge, huge market. And we’re actually at an inflection point where I’m a big believer in…
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.
Nassim Taleb says investors should keep a close watch on one stock sector that will likely witness a wave of bankruptcies amid the proliferation of AI. In a Bloomberg interview, the author of the “Black Swan” begins by saying that pioneers in transformative industries often fail to emerge as long-term winners. “Again, it’s structural. Historically, if you look at history, the car companies, airline companies, and of course, the personal computer. If you look historically, those who started the business, the pioneers, are not necessarily the winners. As a matter of fact, they’re probably more likely to be the losers.”…
JPMorgan Chase CEO Jamie Dimon says the next credit downturn will likely catch investors off guard, not because losses rise, but because of where they show up. In the Q&A portion of JPMorgan’s 2026 Company Update, Dimon says credit downturns always hit an unexpected industry and that even the legendary investor Warren Buffett was blindsided once. “There’s always a surprise in a credit cycle. Even if a credit cycle is normal, so you have a recession [and] you have rising credit losses, the surprise has often been which industry. You didn’t expect newspapers in 2000, Warren Buffett’s businesses. You didn’t…
A venture capitalist says agentic AI is arriving at a moment when core white-collar employment is already fragile. In a post on X, Lotus Technology Management’s Alap Shah says job growth outside government-driven categories has stalled over the last three years. “The dashed white line represents core white-collar employment, excluding employment in sectors driven by government spending, specifically Government, Health Care (government spending is half of spending) and Private Education (government loans and loan guarantees drive a significant portion of the market). We can clearly see a stagnant and declining trend in core ex-government white-collar employment since 2023.” According to…
Shares of IBM are taking a deep dive following news that Anthropic’s AI model can now update a system that has underpinned the global financial system for decades. In a new announcement, Anthropic says its AI tool Claude Code can now dramatically accelerate the modernization of legacy COBOL (Common Business-Oriented Language) systems. COBOL is a decades-old programming language that still runs on many IBM mainframes, but the number of engineers fluent in it is shrinking every year. IBM earns a significant portion of its revenue from customers operating these legacy systems. The high cost and complexity of modernizing COBOL environments…
The Pentagon has called Anthropic CEO Dario Amodei to Washington as the Defense Department pushes to expand how artificial intelligence models can be used on classified systems. The meeting follows a Jan. 9th memo from Defense Secretary Pete Hegseth urging AI companies to remove restrictions on their technology, prompting a renegotiation of Anthropic’s existing $200 million pilot contract with the department, The New York Times reports. The Defense Department and Anthropic reached that pilot agreement last year, making the company the first AI firm authorized to operate on military classified networks. But Pentagon officials now want broader usage rights. In…
AI is turning crypto fraud into a machine-scaled industry, according to new data from blockchain intelligence firm TRM Labs. In a fresh report, TRM says illicit crypto volume hit an all-time high of $158 billion in 2025, marking a nearly 145% increase year over year. Within that total, scam-related activity alone accounted for an estimated $30 billion, with the firm warning that underreporting likely means the real figure is significantly higher. At the same time, TRM observes a roughly 500% surge in AI-enabled scam activity over the past year. The firm says generative AI has fundamentally altered the economics and…
Nassim Taleb says investors are continuing to move away from the US dollar, while piling into a safe-haven asset. In a new Bloomberg Television interview, the “Black Swan” author says investors around the globe are collectively ditching the US dollar in favor of gold. Taleb highlights that investors are now using US dollars just to buy gold. “So my point is I’m not making commentary on the price of metals. It’s largely structural. The US is progressively losing its status as a reserve currency. You still have transactions in US dollars, and people are storing them in gold.” According to…
Billionaire investor Ken Fisher says the stock market’s steady stream of skepticism is exactly what keeps the current bull market alive. In a new interview on Fox Business, Fisher says widespread worry heading into the US midterm elections may ultimately support equities rather than derail them. He notes that historically, midterm election years begin with noise, but the market tends to wake up and rally toward the backend of the year. “So first, there are so many people worrying about everything. Everything tends to be worried, tends to have anticipation leading to mitigation. But the fact is that midterms, what…
Elon Musk is accusing Anthropic of hypocrisy after the company alleged it has been targeted by large-scale distillation attacks designed to copy Claude’s capabilities. In a reply on X, Musk says Anthropic has engaged in widespread training data theft and paid major settlements. Musk also calls Anthropic “super smug, sanctimonious and hypocritical.” “Anthropic is guilty of stealing training data at a massive scale and has had to pay multi-billion dollar settlements for their theft. This is just a fact.” Last year, news emerged that Anthropic agreed to pay $1.5 billion to settle allegations by authors that it took pirated copies…