A prominent venture capitalist says OpenAI’s consumer dominance may be facing its first serious test based on the latest data. In a new post on X, Menlo Ventures principal Deedy Das says Google’s Gemini has rapidly gained ground on ChatGPT’s user base, reshaping how OpenAI is positioning itself for the next phase of competition. Referencing recent traffic data, Das notes that Gemini has grown to more than half of OpenAI’s monthly active users in just a few months. “This explains OpenAI’s clear strategic shift to coding and enterprise. They’re at a $20 billion run rate, but their consumer business is…
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 $136 billion asset management firm founded by Ray Dalio says the AI boom is now at its most perilous state. In its 2026 Global Outlook, Bridgewater Associates co-chief investment officer Greg Jensen says the AI investment cycle has entered a more precarious phase, even if the boom itself is not over. “In terms of the phase, the AI boom is getting more dangerous… Last year, I said we’re not in a bubble. The bubble’s ahead of us. And what I was trying to get at then is that there were a lot of known things that were going to…
Microsoft’s AI chief says the automation of white-collar work is no longer a distant possibility. In a new interview with the Financial Times, Microsoft AI CEO Mustafa Suleyman says artificial intelligence systems are rapidly approaching human-level performance across a wide range of professional tasks. “I think that we’re going to have a human-level performance on most, if not all, professional tasks. So white-collar work, where you’re sitting down at a computer, either being a lawyer, an accountant, a project manager or a marketing person, most of those tasks will be fully automated by an AI within the next 12 to…
BlackRock has poured more than a trillion dollars into seven of the largest technology names in the world. In its latest fourth-quarter 13F filing with the U.S. Securities and Exchange Commission (SEC), the world’s largest asset manager disclosed that it has gobbled up a total $1.596 trillion position across Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL/GOOG), Meta (META) and Tesla (TSLA). At the top of BlackRock’s portfolio is Nvidia, as the firm holds 1,943,812,884 shares valued at about $362.5 billion. NVDA represents 6.13% of the asset manager’s portfolio. Next is Apple, where BlackRock owns 1,154,665,731 AAPL shares…
A widely followed market strategist says Retail investors are buying the dip in software stocks at a pace rarely seen before. In a new post on X, The Kobeissi Letter editor-in-chief Adam Kobeissi tells his 1.3 million X followers that individual investors have poured record sums into the iShares Expanded Tech-Software Sector ETF (IGV), even as the sector reels from a steep pullback. “Retail investors are buying US tech stocks at an unprecedented pace: retail purchases of the Software ETF, IGV, are up to a record +$176 million over the last month. This is more than DOUBLE the previous peak…
Former US Congressman Ron Paul warns that a monetary shift made more than five decades ago is now reaching its breaking point. In a new interview with Tucker Carlson, Paul revisits the moment in 1971 when President Richard Nixon ended the dollar’s convertibility into gold and warned that the consequences are still unfolding. More than five decades after the event, he says that America’s day of reckoning is now on the horizon. “And it was so clear-cut to me that bad stuff is going to happen from this. And we’re approaching that time when bad stuff is going to happen…
Elon Musk says xAI is building a project that could eventually emulate entire companies whose output exists purely in digital form. Speaking at xAI’s all-hands meeting, Musk says the firm is working on an internal effort known as “Macrohard,” calling it potentially the company’s most important long-term initiative. He says the idea centers on reproducing the full operations, from coding to management, of firms that do not manufacture physical products. “The Macrohard project, over time, actually, will probably be our most important project, because what we’re talking about is the emulation of entire human companies. So when you look at…
US-based crypto exchange Coinbase is rolling out a new wallet designed specifically for the use of AI agents. In a new post on X, Coinbase CEO Brian Armstrong announces the launch of what the company is calling an agentic wallet or Awal. “AI Agent wallets are here. Try it out – import the skills.” Erik Reppel, head of engineering at Coinbase Developer Platform, says Awal is built to let AI agents send, receive, pay and trade on-chain while still remaining under human oversight. “Agents need to: send, receive, pay, trade. Now they can. Introducing Awal, an agentic wallet purpose built…
Two men who call themselves “The Housing Guys” are facing decades in prison after pleading guilty to stealing millions from a Medicaid housing program. The U.S. Department of Justice says Anthony Waddell Jefferson, 37, and Lester Brown, 53, both of Philadelphia, pleaded guilty to wire fraud after defrauding Minnesota’s Housing Stabilization Services (HSS) program of approximately $3.5 million. According to court documents, the pair set up businesses in Minneapolis and enrolled as providers under the HHS program, which is designed to help people with disabilities, including seniors and individuals with mental illnesses and substance use disorders, find and maintain housing.…
Two high-profile AI researchers are issuing dire warnings about the progress of artificial intelligence after leaving their respective companies. In a new post on X, Anthropic AI safety engineer Mrinank Sharma says his last day at the firm was on February 9th, noting that it was time for him to move on. Before leaving, he warns that the world is facing a cocktail of existential threats. “I continuously find myself reckoning with our situation. The world is in peril. And not just from AI, or bioweapons, but from a whole series of interconnected crises unfolding in this very moment. We…