Billionaire investor Ray Dalio says the global financial system is approaching a dangerous threshold, where geopolitical tension could spill directly into capital markets. Speaking at the World Governments Summit in Dubai, Dalio warns that the world is edging closer to what he describes as a potential “capital war,” driven by growing mutual distrust between major economic blocs. Dalio stresses that the risk is not hypothetical, but structural, emerging from fears over sanctions, asset freezes and access to capital during geopolitical disputes. “We are on the brink, that means not in, but it means we are quite close to, and it…
Author: Henry Kanapi
Global job marketplace Upwork is pushing back on the narrative that AI is replacing jobs based on data from its new study. In its In-Demand Skills 2026: A Market View of Skills Demand in an AI Economy report, Upwork says demand for core human skills has remained steady year over year, undermining fears that AI is rapidly replacing workers across the economy. Upwork says it drew data from its marketplace and freelancer earnings across six work categories from January 1st, 2025, to December 31st, 2025, with demand originating in the United States. The firm finds that the most in-demand skills…
Circle CEO Jeremy Allaire says the next phase of AI evolution would force a fundamental rewrite of how money moves across the world. In a recent interview, Allaire says the rise of autonomous AI agents is pushing blockchain and payments infrastructure toward a breaking point. According to Allaire, AI agents will swarm the digital world, and they’ll need a new payment system to conduct nonstop economic activity. “The next generation of blockchain networks, things like Arc, which Circle’s building on, there are other new blockchain networks, are actually being designed specifically for agentic compute. They’re designed specifically for the financial…
Alphabet (GOOGL) just posted its best annual performance in history as AI becomes a tremendous revenue engine. In its latest earnings call, CEO Sundar Pichai says Alphabet crossed a major milestone amid AI-driven momentum. “It was a tremendous quarter for Alphabet. The launch of Gemini 3 was a major milestone, and we have great momentum. Alphabet’s annual revenues exceeded $400 billion for the first time. This quarter, Search continued to accelerate with revenues growing 17%. YouTube’s annual revenues surpassed $60 billion across ads and subscriptions. Cloud significantly accelerated with revenues growing 48% now on an annual run rate of over…
Big Tech’s AI arms race is increasingly being financed with debt, and the numbers are moving fast. In a new analysis, Adam Kobeissi, editor-in-chief of The Kobeissi Letter, tells his 1.3 million followers on X that AI borrowing has exploded as the world’s largest technology firms race to build out data centers, chips and infrastructure. Citing data from Bank of America, Kobeissi says the pace of issuance dwarfs anything seen in recent history. “AI borrowing is skyrocketing. Big Tech firms issued a record $120 billion in corporate debt in 2025 to fund AI-related investments. Issuance surged +500% compared to 2024…
SpaceX CEO Elon Musk says AI will soon migrate off Earth as energy and scaling constraints make space the most economical place to run advanced compute. In a new interview on the Cheeky Pint podcast, Musk says the physics of power generation and scale overwhelmingly favor orbit over terrestrial infrastructure, putting space-based AI far closer than most expect. Musk says even basic solar efficiency creates an immediate cost advantage once compute leaves the ground. “It’s harder to scale on the ground than it is to scale in space. Any given solar panel can do about five times more power in…
Banking giant Morgan Stanley says there’s a better way to play the AI boom, instead of just picking the potential winner of the new tech race. In a new episode of the Thoughts on the Market podcast, the bank’s head of Applied Equity Advisors, Andrew Slimmon, says investors also tried picking winners and losers during the dot-com era. But he notes that none of the early market leaders emerged on top. “The first thing the stock market tried to do was to appoint winners of the internet search race. And it was Amazon, and it was Yahoo and it was…
A prominent cybersecurity firm says tens of thousands of deepfake videos have emerged across major social media platforms, designed to drain money from victims. In its latest threat report, Gen Digital says its telemetry has detected 159,378 unique deepfake scam video instances in Q4 of 2025. According to the firm, these videos have the hallmarks of manipulated media paired with a request for money, data or an off-platform handoff. Gen Digital says most of the AI scam videos its telemetry detected and blocked on Windows devices were on YouTube (64.8%), followed by Facebook (11.1%) and X (0.5%). “YouTube dominates the…
A man has lost his entire life savings after falling prey to a deepfake impersonation scam involving a prominent British finance guru. Retired South East England resident David says he lost £20,000 ($27,413) after seeing a deepfake video of Money Saving Expert host Martin Lewis on Facebook promoting what appeared to be a legitimate investment scheme, reports the UK-based outlet Rayo. David, not his real name, says the video appealed to him as it advertised a way to make a quick buck with very little risk. “Martin Lewis promoted an investment that was available to anyone and should be taken…
Google is coming out as one of the biggest winners in the SpaceX-xAI merger, as Elon Musk’s aerospace company hits a $1.25 trillion valuation. This week, Elon Musk said SpaceX acquired the Grok maker xAI for $250 billion with the explicit goal of launching data centers into space. The move puts SpaceX at an estimated valuation of $1.25 trillion ahead of its expected mega IPO this year. Google invested $900 million for a 7.5% stake in SpaceX in 2015 “to support continued innovation in areas of space transport, reusability and satellite manufacturing.” At the current valuation, Google’s investment is now…
