China’s most prominent AI leaders are publicly lowering expectations about overtaking the United States in the global artificial intelligence race. At a recent AGI-Next summit in Beijing, senior executives and researchers from China’s leading AI organizations say the probability of a Chinese company leapfrogging US leaders such as OpenAI and Anthropic within the next several years is slim, reports Bloomberg. The clearest assessment came from Justin Lin, who leads the Qwen open-source model program at Alibaba Group Holding Ltd. Before offering his estimate, Lin says the challenge is one of resources rather than talent, pointing to the scale of investment…
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.
Anthropic co-founder Jack Clark says concerns about artificial intelligence accelerating beyond human control are no longer confined to science fiction. In a recent Google Doc discussion shared on Substack, Clark lays out what he sees as the most consequential long-term risk in AI development: systems that can meaningfully improve themselves. Clark says the issue revolves around what researchers sometimes refer to as “closing the loop” on AI research, where AI systems increasingly handle the task of building better AI. According to the Anthropic executive, the threat of self-improving AI is not imminent, but the early warning signs are already emerging.…
Billionaire venture capitalist Chamath Palihapitiya believes that Elon Musk’s SpaceX will never take the IPO route, despite reports that the firm is gearing up for a public listing this year. In a new episode of the All-In Podcast, Palihapitiya says he’s going against the grain, predicting that SpaceX will not go public through a traditional IPO. Instead, Palihapitiya believes Elon Musk could take a far more unconventional route. “My contrarian belief number one is I don’t think SpaceX will IPO. I think that it will reverse merge into Tesla. I think Elon will use it as a moment to consolidate…
Big Short investor Michael Burry is escalating his warnings about US competitiveness, this time focusing on energy as the binding constraint. In a new post on X, the investor notes that America cannot sustain long-term economic growth, technological leadership or national security without a massive expansion of reliable power generation, regardless of how AI ultimately plays out. Burry says his proposal is advice he would give directly to top political leaders if he had access, including Donald Trump, JD Vance, and the U.S. Senate leadership. “Take a trillion dollars and bypass all the protests and regulations and dot the whole…
Bank of America says the most durable advantages in the AI buildout are not where most investors are looking. In a new CNBC interview, Andrew Obin, Managing Director at Bank of America Securities Equity Research, says markets are overly focused on headline chip cycles while overlooking the infrastructure partners quietly embedding themselves into data center operations. “I would start is that we’re in the midst of a massive technology change, driven by Nvidia as Jensen is building a moat versus the competition. Our thesis is that big players in the industry, both on the HVAC side and electrical side, are…
JPMorgan says the biggest long-term opportunity tied to AI infrastructure is not owning data centers themselves. In a new JPMorgan Asset Management Alternative Realities podcast, Jed Laskowitz, the bank’s global head of private markets, says AI is only part of a much broader demand shock hitting global energy systems, noting that headlines have narrowed the conversation too much. “Yeah, the AI needs are only about a third of the demand. I mean, I know the headlines are about AI, but it’s a much bigger story. And just go back to [April 2025], 60 million people without power in Spain and…
A confrontation is escalating between the UK government and Elon Musk after regulators warned they could block access to X over alleged failures to comply with online safety laws tied to AI-generated sexual imagery. UK Technology Secretary Liz Kendall says she would support the national regulator Ofcom if it decides to block X in the UK, following reports that the platform’s AI chatbot Grok digitally undressed people without their consent when prompted beneath images, BBC reports. “Sexually manipulating images of women and children is despicable and abhorrent.” She adds that the public expects swift regulatory action. “I, and more importantly…
The U.S. Justice Department is moving to centralize control over artificial intelligence regulation, setting up a new task force aimed at dismantling state-level AI laws it views as obstacles to innovation. According to an internal memo reviewed by CBS News, the department has announced the creation of an Artificial Intelligence Litigation Task Force that will actively challenge state regulations restricting AI development. The memo, sent to Justice Department employees and authored by Attorney General Pam Bondi, cites President Trump’s recent executive order targeting what it describes as “excessive” state regulation of artificial intelligence. The order argues that a fragmented system…
LinkedIn co-founder Reid Hoffman says generative AI is tapping into a powerful and healthy human drive: the joy of creating something new. In a new interview with Dan Shipper, Hoffman says tools like Claude Code and other generative AI systems are giving people a new kind of tech addiction, one starkly different from the passive consumption of brain-rotting content. Hoffman says AI lowers the barrier between idea and execution, triggering a creative realization many users experience for the first time. “Like the dopamine hit is you succeed at creating… It suddenly goes, ‘Oh my God, I can create something interesting.’…
The CEO of the Browser Company says AI-powered coding tools are already reshaping how teams work, experiment, and even how companies think about hiring. In a new post on X, Josh Miller says Claude Code has fundamentally changed what’s possible inside Browser Company, blurring the line between designers, engineers and non-technical staff. Miller says the tool has unlocked a wave of experimentation across the organization without impacting core responsibilities “Claude Code is meaningfully changing the roles we hire for at Browser Company, and what’s newly possible with the people we already have. We have designers putting up PRs left and…