A top credit rating agency is raising fresh concerns over Oracle’s aggressive expansion into artificial intelligence, even as the company holds on to its investment-grade status. Moody’s says it is watching closely as Oracle takes on vast new obligations tied to AI, pointing to structural risks that could weigh on the software giant in the coming years, reports Reuters. Earlier this month, Oracle shares rocketed as much as 43% in a single day, just as news broke that the cloud service provider inked a massive $300 billion deal with OpenAI. Oracle also said it expected booked revenue at its Oracle…
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.
Groq’s chief executive says the hunger for AI inference is overwhelming, a claim that comes as the chip startup’s valuation doubled after its latest funding round. In a new Bloomberg interview, Groq CEO Jonathan Ross says its hardware aims to compete with Nvidia’s GPUs and Google’s TPUs in powering the next phase of artificial intelligence. Ross highlights that inference, running models after they’re trained, is becoming the decisive battleground. “The bottom line is that the demand for inference is insatiable. The total amount of capacity that people are trying to deploy is mind-boggling, the numbers that people are putting up,…
An investment firm overseeing $172 billion in assets warns the AI mania now looks like late-stage internet frenzy, only bigger, with spending outrunning real revenue and valuations stretched across the leaders. In a report, the Florida-based GQG Partners says the setup risks a painful comedown, even if the technology ultimately delivers consumer benefits. The firm points to dotcom bubble-era spending patterns, retail speculation, and multiples that already resemble 1999, not the earlier innings of a tech boom. “Bulls will surely argue we are in 1995, not 1999—suggesting more upside ahead—but we disagree for two key reasons. First, retail mania. The…
Jack Selby is sounding the alarm on a wave of capital rushing into artificial intelligence ventures, warning the AI frenzy is breathing life into an unprecedented bubble that could wipe out vast sums of investor money. In a Bloomberg interview, the former PayPal executive and current venture capitalist says euphoria in Silicon Valley is pushing valuations to extremes rarely seen in private markets. Selby, who is a managing partner at venture capital firm AC-VZ, compares the current frenzy to earlier speculative booms that ended with massive losses. “The euphoria that’s going on in coastal VC, especially around AI, I think…
Crypto exchange Coinbase and tech titan are moving to wire stablecoins directly into the machinery of AI agents. In a new update, Coinbase says the two companies have unveiled a system that lets AI agents not only communicate but also pay each other. The framework, called the Agentic Payments Protocol (AP2), extends Google Cloud’s Agent2Agent infrastructure. The addition of Coinbase’s x402 integration introduces stablecoin settlement into workflows that previously stopped short of economic activity. Coinbase and Google worked with Lowe’s Innovation Lab to show an AI agent diagnosing a do-it-yourself project, sourcing products, and completing checkout, all in one prompt, without…
Wealth management titan AllianceBernstein says AI adoption is only in its early stages, despite bubble calls and warnings on potential overvaluations. In a Bloomberg interview, AllianceBernstein Chief Investment Officer Lei Qiu says AI is now spreading beyond the hyperscalers into chipmakers, networking firms, and storage providers. She notes that the breadth of adoption signals a lasting build cycle rather than fleeting hype. “I think what we’re seeing is actually we’re hitting an inflection point in inferencing… If you look, the AI trend and the adoption and where we’re seeing the step function and numbers is broadening out. So it’s a…
Microsoft and Conduent are teaming up to deploy a generative AI fraud-detection system, first piloted last year, to monitor open-loop payment card programs for suspicious activity. In a new press release, Conduent says the aim is to protect a payments pipeline of about $85 billion annually that the firm routes for government benefit disbursements, starting with open-loop payment card programs before scaling the pilot into other benefit-program areas. Since open-loop cards act like credit or debit cards and can be used anywhere, it’s tougher to spot what counts as normal spending versus fraud. They’re also more vulnerable to skimming, identity…
OpenAI chief executive Sam Altman says teen safety will take precedence over privacy and freedom in the use of artificial intelligence, just as US regulators intensify scrutiny of how chatbot firms handle sensitive data. In a new public essay, Altman says OpenAI is built on three often-conflicting principles: privacy, freedom, and teen safety. He says AI conversations deserve the same level of legal protection as medical or legal consultations, but acknowledges exceptions when serious harm is at stake. Altman also says that the firm will advocate for the right to privacy in the use of AI with policymakers. “It is…
Raymond James is placing a fresh bet on CoreWeave (CRWV), telling clients the cloud upstart sits at the heart of a historic wave of artificial intelligence spending. In new coverage, the brokerage, which oversees more than $1.6 trillion in client assets, argues that Wall Street estimates on AI CapEx “appear too low versus our bottom-up build expectations,” reports Barron’s. Raymond James analysts say Wall Street expects $550 billion in AI spending by 2028 from Amazon, Google, Meta Platforms, Microsoft, CoreWeave, and Oracle, but they project the figure will reach $900 billion. They say CRWV is poised to capture a meaningful…
US tech giants and other firms are committing tens of billions of dollars to AI and digital infrastructure projects in the United Kingdom. Led by Microsoft, OpenAI, Nvidia and Alphabet, US companies are pledging more than £31 billion ($42.3 billion) to push the AI initiative, reports Bloomberg. Microsoft says it will invest $30 billion over four years, its largest financial commitment to Britain. The package includes construction of a supercomputer powered by more than 23,000 GPUs at Nscale’s AI campus near London. OpenAI is anchoring a $500 billion Stargate project with up to 60,000 Nvidia chips for UK operations. Initial…