Elon Musk is moving to redirect any potential payout from his lawsuit against OpenAI away from himself and toward the company’s nonprofit arm. Musk has amended his complaint to clarify that he is not seeking personal financial gain, even as he continues to pursue more than $150 billion in damages from OpenAI and its partner Microsoft, The Wall Street Journal reports. Musk sued OpenAI in February 2024, claiming that ChatGPT maker has violated its founding mission as a nonprofit research lab dedicated to developing artificial intelligence for the benefit of humanity, not for shareholder profit. Says Musk’s lawyer, Marc Toberoff,…
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 is giving some of the biggest firms in the world access to an unreleased frontier model as AI systems begin to outperform humans at finding software vulnerabilities. Anthropic’s Project Glasswing is a new initiative that brings together Amazon Web Services, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorgan Chase, the Linux Foundation, Microsoft, Nvidia and Palo Alto Networks to secure critical software infrastructure. The project centers on Claude Mythos Preview, a frontier model that Anthropic says has already demonstrated advanced offensive capabilities. Anthropic says the model has already identified thousands of high-severity vulnerabilities across major systems. Nicholas Carlini, a research scientist…
The chief executive of the tech giant Alphabet says the massive AI buildout in the US is facing several constraints across manufacturing, regulation and supply chains. In a new Cheeky Pint interview, Sundar Pichai notes that the $655 billion allocated for AI CapEx this year is facing serious hurdles from multiple fronts. At the top of his list is semiconductor production, which sits at the base of the entire ecosystem. “Wafer starts, it’s kind of a fundamental constraint. I think power and energy are more solvable.” He adds that regulatory issues in building data centers and manufacturing capacity are also…
BlackRock CIO Rick Rieder says he’s eyeing one stock sector that he believes offers big upside potential, despite market uncertainty. In a new Bloomberg interview, Rieder says current market activity is defined by unusually high uncertainty and limited liquidity, particularly in equities. According to Rieder, investors are staying on the sidelines for now, even though market fundamentals are solid. “First of all, in markets, the level of uncertainty is extraordinary. Being active in the markets and trading in the markets today, particularly more so in the equity market today, the depth of the markets is incredibly shallow. When you go…
JPMorgan Chase CEO Jamie Dimon warns that the risks of bad economic outcomes are rising for the US as uncertainty mounts. In a new interview with NPR, Dimon says there’s a big cloud of doubt that threatens to stifle US economic growth. The JPMorgan Chase CEO specifically says that the uncertainty is not just because of hostilities in Ukraine and Iran. “Economically, there’s tons of uncertainty, and I list like tons of them out there, not just these wars… They usually end up in some form of recession. Recession is unemployment. It could be stagflation and recession, which is the…
Wall Street analyst Katie Stockton says the recent market bounce may not mark the end of the current correction. In a new CNBC interview, the founder of the technical analysis research firm Fairlead Strategies says the S&P 500 rally will likely be short-lived as technical indicators suggest more downside price action. “But I’m not a believer in its sustainability. We are looking for more stabilization this month, but I think it’s an interruption, not necessarily the end to this corrective phase. There are a lot of reasons to say it… New relative lows perhaps. The next support is at the…
Goldman Sachs vice chairman Robert Kaplan says AI is a key driver that will likely have a deflationary impact, but not in the immediate future. In a new CNBC interview, the former Dallas Fed President says AI and excess industrial capacity in China are major forces that could eventually push inflation lower, but not anytime soon, because higher prices tend to be sticky. “So I do believe that AI adoption will ultimately be disinflationary. I also believe that Chinese manufacturing overcapacity hasn’t gone away. That will be disinflationary. Here’s the issue. The question is when. And right now, in 2026,…
A new American Banker survey reveals that AI is now a core business strategy across the US banking sector. The publication’s 2026 AI Talent Shift survey polled responses from 206 banking professionals across banks, credit unions, neobanks and payments firms and found that most institutions now treat AI as a high-priority initiative. The survey shows that 66% of respondents classify AI as a high-strategic priority, with another 22% calling it a moderate priority and 11% a low priority. Zooming in at the institutional level, the survey shows that 63% of national bankers say AI usage is either the number one…
Anthropic is committing to one of its largest infrastructure expansions as demand for its AI systems accelerates. The company says it has signed a new agreement with Google and Broadcom for multiple gigawatts of next-generation TPU capacity, with deployment expected to begin in 2027. The deal marks a significant scale-up in compute, aimed at supporting future versions of its Claude models and meeting rising enterprise demand. The investment comes as Anthropic continues to witness rapid growth in both revenue and customer adoption. “Our run-rate revenue has now surpassed $30 billion—up from approximately $9 billion at the end of 2025. When…
A widely followed macroeconomist says Warren Buffett’s Berkshire Hathaway is flashing behavior that diverges from its historical norm. In a new post on X, macro guru Lyn Alden tells her 902,600 followers that while Berkshire’s $373 billion cash position sounds huge, absolute cash alone could be misleading. Alden notes that Berkshire is also an insurance company, which is why it needs high liquidity to manage payouts. But she also highlights that the conglomerate’s current cash level stands out more clearly when viewed relative to Berkshire’s overall value. “Since Berkshire is an insurer, it needs a lot of cash on hand,…