The chief executive of the US-based crypto exchange Coinbase says the future of AI may run on stablecoins. Speaking on the company’s latest earnings call, Brian Armstrong says there is no other payment rail that could serve the needs of AI agents better than stablecoins. “If you were designing money from scratch today, you’d get crypto and stablecoins where you can transfer funds anywhere in the world and under a second for less than $0.01. With the unrivaled efficiency gains, all signs point to stablecoins continuing to grow. We’re even seeing these AI agents adopt stablecoins for payment, and I…
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.
Billionaire Chamath Palihapitiya warns that companies may be underestimating how much sensitive information they are exposing to AI systems. In a new episode of the All-In Podcast, Palihapitiya says the convenience of tools like ChatGPT, Gemini and Claude comes with hidden data risks that many firms have not fully confronted. He says the issue is around how employees interact with these systems in everyday workflows. “If I gave you a PDF of some really important strategy document, or a PowerPoint deck, or a really critical model, and you’re interrogating it with one of these models, if you’re just using ChatGPT,…
New Jersey authorities have indicted the chief executive of a Mercer County technology firm on charges tied to an alleged AI investment scheme that raised more than $1 million from investors. According to Acting Attorney General Jennifer Davenport, a state grand jury charged Xiao Hu, also known as Mark Hu, 55, formerly of Princeton and now residing in Orlando, with two counts of securities fraud, one count of theft by deception, two counts of money laundering and one count of misconduct by a corporate official. Prosecutors allege that from August 2019 through November 2023, Hu duped five victims into investing…
Anthropic CEO Dario Amodei says the economics of the AI industry are far more complicated than simply chasing demand. In an interview with Dwarkesh Patel, Amodei pushes back on the idea that AI companies will follow a simple pattern of heavy investment before flipping a switch into profitability. Amodei reiterates the concept of the cone of uncertainty, where companies are forced to project their massive compute needs for the coming years because data centers are being built with a one to two-year lag. According to Amodei, the economics of the AI industry are heavily driven by demand and compute forecasting.…
The chief executive of Goldman Sachs says the government will eventually be forced to get its finances in order as America’s debt burden hovers at historic highs. The latest data from the Congressional Budget Office (CBO) shows that the federal deficit will total $1.9 trillion this year and average $2.4 trillion annually from 2027 through 2036. Under the CBO’s baseline forecast, federal debt held by the public is expected to rise from 101% of US GDP at the end of 2026 to 108% by 2030, surpassing the previous record of 106% set in 1946. Debt is projected to reach 120%…
The asset management firm founded by billionaire George Soros is deploying tens of millions of dollars in AI names, including Microsoft (MSFT) and Broadcom (AVGO). Based on Soros Fund Management’s Q4 13F filing, the firm now holds 263,041 Microsoft shares, marking a 159% increase on a quarter-over-quarter basis. The company’s MSFT ownership is valued at $127.211 million, accounting for 1.5% of its portfolio. Soros Fund Management also boosted its positions in Taiwan Semiconductor Manufacturing Company (TSM) and Nvidia (NVDA) by 157% and 22%, respectively. The firm now holds $106.31 million worth of TSM and $124.14 million in NVDA. On top…
Banking giant Citi says it is looking at two investment plays as the market punishes Big Tech for going all-in on AI. In a new Bloomberg interview, Citi’s head of equity trading strategy, Stuart Kaiser, says the market’s reaction to large capital expenditure announcements has changed in recent quarters. Looking back to last fall’s earnings season, Kaiser points to Meta as an early signal. “I mean, I think back in sort of October and November earnings season, you started to see a little bit of a change in this reaction function. Meta back then was the key one, where they…
After years of dominance by the biggest technology stocks, Goldman Sachs says that 2026 will be the year when stocks crown a new winner. In a video update, Mike Washington, equities sales trader in Global Banking & Markets at Goldman Sachs, says the long-running outperformance of the Magnificent Seven has started to reverse in 2026. “In the last three years, the Magnificent 7 has massively outperformed the broader S&P 500 index. But so far in 2026, we’ve actually seen that trend reverse, and S&P equal weight has outperformed the tech-heavy S&P 500 index.” He says the shift reflects a change…
Anthropic says it has raised $30 billion in fresh funding, pushing its valuation to $380 billion as demand for enterprise AI tools accelerates. The Series G round was led by GIC and Coatue, with participation from a long list of major investors, including D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, MGX and others. The round also includes a portion of previously announced investments from Microsoft and Nvidia. Anthropic says the new capital will be used to expand frontier research, develop new products and build out the infrastructure needed to support large-scale AI systems. The company positions itself as a…
Google says state-sponsored hackers are trying to use its AI chatbot to sharpen cyberattacks against American targets. In its latest Google Threat Intelligence Report, the company says that China-linked threat actors have been prompting Gemini to help with reconnaissance, phishing campaigns and even vulnerability testing against specific US-based organizations. According to the report, state-backed groups are attempting to use Gemini across multiple stages of their operations, including command-and-control development and data exfiltration. Google says some actors are also experimenting with so-called “agentic” AI capabilities, assigning the model expert personas or asking it to perform automated security analysis. Google says China-based…