The investment firm formerly helmed by U.S. Commerce Secretary Howard Lutnick is unloading hundreds of millions of dollars in the Nvidia (NVDA) rival AMD (AMD). Data from the firm’s latest 13F filing shows that Cantor Fitzgerald sold $295 million in AMD shares last quarter, trimming its exposure by 75%. As of the end of the quarter, Cantor holds 465,672 shares in AMD valued at $99.728 million. During the last quarter of 2025, the investment firm also fully exited its position in Meta (META), dumping 24,892 shares previously worth $18.280 million. Cantor additionally exited its stake in Alphabet’s Class A stock…
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.
Companies reducing headcount through AI are not likely to return those savings directly to shareholders, according to a PwC executive. In an interview with The Information, Dallas Dolen, PwC’s tech, media and telecommunications industry leader, says the financial gains from AI-driven efficiency are being redirected into infrastructure and new growth initiatives. According to Dolen, companies will prioritize building their own vertically integrated AI stack, covering silicon to software. “We’ve seen this incredible rotation out of software margins, which we’re talking about here, into hardware margins. You also then see this desire, so to say, or really, maybe it’s a critical…
A macro analyst says the world may be heading toward an unprecedented collision between record AI investment and widespread job displacement. In a new post on X, pseudonymous analyst NoLimit tells his 881,400 followers that massive investment cycles have historically created a boom in the labor market. But he notes that the AI CapEx cycle appears to be defying historical trends, as he says companies are adopting the tech to replace employees. “Something’s been bugging me lately and I think more people need to talk about it. $2.5 trillion in global AI investment this year alone, up 44% from last…
A former OpenAI researcher says the introduction of advertising into AI platforms could fundamentally change how those systems behave and how companies design them. In an interview with ABC News Australia, Zoë Hitzig raises concerns about the economic incentives created when ad revenue is tied directly to user engagement. She says the dynamic could pressure companies to maximize user time and dependence. “One of the reasons why advertising is a concern for us to be bringing to everyone’s attention right now is that advertising creates a direct translation between time spent on the platform and dollars for the company. And…
A researcher at the model evaluation group METR says the world could experience changes by mid-century that rival the span from the hunter-gatherer era to today. In a recent interview on the 80,000 Hours podcast, technical staff member Ajeya Cotra challenges the common assumption that even with artificial general intelligence (AGI), the next few decades will merely resemble the last few. “Whether or not we get AGI in the next few years, a lot of people are starting to not really care about that question. They still expect the next 25 years and the next 50 years to play out…
Controversial investor Michael Burry says he’s looking at one pick-and-shovel trade in the AI boom that could be a candidate for a short position. In a new post on X, the Big Short investor includes the construction equipment manufacturer Caterpillar (CAT) in his analysis on how tech firms are using financial engineering and leverage to fund the $2 trillion AI buildout. While CAT is not a tech firm, Burry says the firm is in the middle of the data center boom. “CAT has seen a cycle or two, and is in the game with the buildout. CAT may have a…
A New York-based financial research firm is laying out a scenario where AI increasingly becomes one of the biggest drivers of US economic activity, triggering a collapse in the labor market. In a new post, Citrini Research presents a scenario, not a prediction, detailing the fallout from what it calls a “Global Intelligence Crisis.” In a memo supposedly published in June 2028, Citrini sees the unemployment rate hovering at 10.2% as AI exceeds expectations. “AI capabilities improved, companies needed fewer workers, white-collar layoffs increased, displaced workers spent less, margin pressure pushed firms to invest more in AI, AI capabilities improved…”…
Anthropic CEO Dario Amodei issues another warning on the impact of artificial intelligence on the labor force. In an interview with CNBC-TV18, Amodei says AI is both broad and fast-moving, warning that disruption may arrive sooner than many expect. “What I do know is there will be potentially a lot of disruption because the technology is moving so fast. What is different about AI than previous technologies…? What’s different is that it’s moving quickly, and it’s broad because AI is a general technology. What we need to do more than trying to figure out exactly what form the disruption will…
Chamath Palihapitiya says Big Tech’s AI push is facing an overlooked risk that could seriously derail the data center buildout. In a new post on X, the billionaire venture capitalist points to a sharp rise in canceled projects tied to local opposition over electricity costs. “In 2025, 25 data center projects were canceled due to community pushback. That’s up from just 6 in 2024 and 2 in 2023. The opposition is notably bipartisan, driven overwhelmingly by one thing: rising electricity prices for local residents. In Q2 2025 alone, 20 projects were blocked or delayed, putting $98 billion in potential investment…
The venture firm Andreessen Horowitz says large language model apps are showing retention patterns rarely seen in consumer technology, with usage deepening rather than fading over time. In a new analysis, a16z highlighted what it calls unusually strong cohort behavior across major AI apps, particularly ChatGPT and Gemini. Starting with ChatGPT, a16z says the trend is highly atypical. “Retention curves do not usually look like this: ChatGPT’s average retention rates keep getting better from week 2 onwards, and even more impressively, inflect upwards at week 23.” Meanwhile, a16z says Gemini is flashing what is known as a “smiling” retention curve.…