US representatives on the House Financial Services Committee are lining up behind Donald Trump’s push for a single national AI rulebook, warning that a growing maze of state regulations could choke innovation in finance while driving up costs for consumers. At a hearing focused on exploring how artificial intelligence (AI) is being used in the financial services and housing sectors, Chairman French Hill says the technology has the potential to reshape how financial firms operate, from risk management, fraud mitigation and more. But Hill warns that the gains will only come if the US embraces a regulatory policy that spurs…
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.
Artificial intelligence just crossed a boundary once reserved for science fiction, with a Starcloud satellite running Google DeepMind’s Gemma model beyond Earth’s atmosphere for the first time. Starcloud CTO and founder Ezra Feilden unveils the massive milestone in a post on LinkedIn. “Very happy to announce we have used our NVIDIA H100 on Starcloud-1 to run inference with Google DeepMind’s Gemma model – the open source version of Gemini. These are Gemma’s first words in space. ‘<< Greetings, Earthlings! Or, as I prefer to think of you – a fascinating collection of blue and green. Let’s see what wonders this…
A new view from one of the world’s largest alternative asset managers believes that the AI buildout is grounded on fundamentals, not fantasy, and that the current wave of data center investment looks nothing like the speculative telecom mania of the early 2000s. In a new CNBC interview, Brookfield CEO Bruce Flatt says today’s hyperscaler expansion is anchored by real demand, real cash and real productivity gains across the global economy. The firm, which manages over $1 trillion in assets, says it is teaming up with hyperscalers that have massive cash stockpiles and stellar credit ratings. “Our business is just…
New data from Bloomberg Intelligence shows a shift in how corporate leaders view artificial intelligence, with global firms looking to hire more employees as they chase gains in AI productivity and efficiency. In a new Bloomberg interview, Bloomberg Intelligence senior analyst Matthew Bloxham reveals the results of a survey involving 604 C-suite executives spanning nine industries around the world. Bloxham says the findings show that operational efficiency, not profit gains, is the strongest pull for AI adoption. “I think what’s interesting is that when you ask people about the objectives they’ve got for AI, what tops the poll is operational…
Prominent tech investor Gavin Baker believes that the AI race will witness a profound shakeup next year with the adoption of Nvidia’s Blackwell chips. In a new interview with Patrick O’Shaughnessy, the Atreides Management chief investment officer says the imminent large-scale deployment of Blackwell chips is a clear threat to Google’s long-held position as the lowest-cost producer in advanced model training. “What Google has been doing, as the low-cost producer, is that they have been, I would say, sucking the economic oxygen out of the AI ecosystem, which is an extremely rational strategy for them. And for anyone who’s a…
Stanford researchers say the world’s most powerful AI labs are becoming less transparent about how their systems are built, tested and deployed, raising fresh questions about whether the industry can be trusted to police itself as foundation models scale across the economy. The findings come from a new Foundation Model Transparency Index released by researchers from Stanford, Berkeley, Princeton and MIT. The 2025 edition scores 13 major AI companies across factors, where each firm is scored on a 100-point scale in topics such as training data, risk mitigation and economic impact. “The Foundation Model Transparency Index clarifies the complex terrain…
A new survey suggests the national conversation on artificial intelligence is splitting into two parallel worlds, with corporate leaders focused on returns on investment while much of the public grows uneasy about where the technology is headed. The nonprofit research organization Just Capital fielded three parallel questionnaires: one for 2,052 US adults conducted online by The Harris Poll, one for 98 institutional investors and analysts recruited through the Robin Hood Investors Conference and one for 111 senior corporate leaders supplied by Gerson Lehrman Group, the majority of whom were C-suite executives at companies with at least 500 employees. The research…
A new directive from Congress is forcing the Pentagon to stand up a high command for advanced AI, setting the stage for the first formal effort inside the Department of Defense to prepare for systems that could approach or achieve artificial general intelligence. The National Defense Authorization Act for Fiscal Year 2026 orders the Pentagon to establish an Artificial Intelligence Futures Steering Committee led by the Deputy Secretary of Defense and the Vice Chairman of the Joint Chiefs. Membership spans every major service branch and the heads of key civilian offices, creating one of the most senior AI bodies ever assembled…
Google is pushing deeper into wearable AI with a new partnership aimed squarely at the fast-growing smart-glasses market, bringing Warby Parker into its hardware strategy as it prepares a direct challenge to Meta’s Ray-Ban lineup. In a new product update on Android XR, Google says it is working with Warby Parker and Gentle Monster to design lightweight, fashion-forward AI glasses built for all-day use. The company is developing two models that expand its ambitions beyond headsets and into eyewear that blends into everyday life. Google notes that form factor matters, saying that AI will only scale if hardware is comfortable…
A new analysis from OpenAI points to a widening split inside modern enterprises, where a small band of heavy AI users is pulling far ahead of the average employee. In the firm’s The State of Enterprise AI report, OpenAI drew usage patterns from ChatGPT Enterprise and a survey of 9,000 workers across close to one hundred companies. OpenAI says some employees do far more with AI than others, even when given identical tools. These workers consume more intelligence, touch more tasks and integrate advanced features into their day-to-day systems. “Our data shows a widening gap between ‘frontier’ workers and firms,…