The chief executive of chip designer Arm (ARM) says a new wave of artificial intelligence hardware could eclipse even the vast data center market. In a panel discussion at the All-In Summit, Rene Haas singles out physical AI, chips embedded in robots and devices, as a market that may exceed the scale of the cloud buildout. Haas frames the opportunity as one of unit volume, driven by how many chips a single machine could carry. “Yeah, physical AI is going to be a gigantic market. [Bigger than data centers?] Yeah, I think so. Today, they largely use repurposed automotive chips…
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.
A new wave of AI-powered malware is infiltrating organizations worldwide, disguised as legitimate software and carrying the potential for widespread disruption. Cybersecurity researchers at Trend Micro warn that the trojan, tracked as EvilAI, poses as productivity or AI-enhanced utilities with professional interfaces and valid digital signatures. The deception has enabled the malware to penetrate both corporate and personal systems across multiple continents. First detected in late August, EvilAI infections have already appeared in Europe, the Americas, and the AMEA region, with early telemetry showing more than 100 confirmed cases. India has reported 74 incidents, followed by the United States with…
JPMorgan Chase and Bank of America are accelerating their artificial intelligence agendas, each with different blueprints for the future of finance. JPMorgan Chase, the largest bank in the US by market capitalization, says it is being “fundamentally rewired” for the AI era, reports CNBC. JPMorgan’s effort centers on a proprietary platform called LLM Suite, which aggregates leading large language models from OpenAI and Anthropic. Fed with internal data every eight weeks, the system is designed to give employees AI agents capable of handling complex, multistep tasks across banking operations. Says JPMorgan chief analytics officer Derek Waldron, “The broad vision that…
Brookfield’s chief executive says the firm’s long history in power, real estate, and data centers has placed it squarely in the path of a generational AI buildout. During an investor day fireside chat, CEO Bruce Flatt says the company’s experience gives it an edge as artificial intelligence reshapes infrastructure demand worldwide. “We’ve been doing this a long time. We’ve been building power plants a long time. We’ve been building data centers a long time. We’ve been developing real estate a long time. And the combination of those three things is really what this is. And fortuitously, we ended up at…
OpenAI quietly adds a new commerce layer inside ChatGPT, one that could transform the chatbot from an information tool into a transactional platform. The company is rolling out Instant Checkout, powered by the Agentic Commerce Protocol (ACP), allowing users to discover, decide, and pay for goods or services without leaving the app. The system is designed as an open standard. Merchants control pricing, product catalogs, and fulfillment, while OpenAI takes a small platform fee on transactions. Stripe is handling payment processing and payouts. “ChatGPT acts like a personal shopper. People describe what they’re looking for—’a durable carry-on under $300′ and…
The head of one of the world’s largest asset managers says the AI boom is setting off a structural wave of investment that will transform energy markets. In a new Bloomberg interview, Manny Roman, chief executive officer of Pacific Investment Management Co. (PIMCO), says the AI buildout is a “super secular opportunity” that spans both finance and infrastructure. He points to a surge in demand for funding and equity tied to the rapid construction of data centers worldwide. “There is an enormous need for funding and equity in data centers. I don’t know whether the $6.7 trillion from McKinsey is…
A Deutsche Bank survey warns that investors are getting jittery about tech stocks, while Citi offers a play that gets exposure to the sector. Deutsche Bank’s quarterly investor survey finds a rising concern that technology stocks may already be in bubble territory, reports The Wall Street Journal. On a scale from 1 to 10, with 10 denoting an “extreme bubble,” institutional investors rated tech a 7.4. The figure is higher than last year, though still below 2021, when near-zero interest rates propelled valuations. The survey, based on 280 global respondents polled last week, highlights a widening unease over whether the…
Banking giant Morgan Stanley sees three forces adding momentum to the US economy despite recent weakness in the labor market. In a new podcast, Morgan Stanley says deficit-financed government spending remains a powerful source of economic stimulus. “This deficit, running at about 6.5% of the size of the whole economy, is providing stimulus. It’s only been larger during the Great Financial Crisis, COVID, and World War II. It’s punch.” Looking at US corporations, the bank says AI and technology firms are in the midst of a historic spending wave. “We here at Morgan Stanley think that AI-related spending could amount…
A veteran Wall Street strategist says the S&P 500 is poised to reach record highs this year as the Fed turns its attention to a labor market being strained by AI. In a new video update, Fundstrat chief investment officer Tom Lee expects the S&P 500 to continue advancing into the fourth quarter, pointing to technical levels that suggest the index has room to run to the upside. While stocks are oversold in the near term, he notes that broader market momentum remains intact. “But the S&P 500 is still comfortably above the 20-day moving average, which is 6,602. And…
Nvidia rival Huawei is preparing to significantly ramp up production of its most advanced AI processors, underscoring China’s efforts to reduce its reliance on foreign suppliers. People familiar with the matter tell Bloomberg the Chinese firm aims to produce about 600,000 of its 910C Ascend chips in 2026, roughly twice the number it will ship this year. The broader Ascend product line could reach as many as 1.6 million dies, a meaningful step for a company that struggled to deliver hardware under US sanctions. The push highlights how Huawei and its main manufacturing partner, Semiconductor Manufacturing International Corp. (SMIC), are…