The chief executive of artificial intelligence startup Anthropic, Dario Amodei, is putting medicine at the center of the AI debate. In a recent interview with John Collison, Amodei says large language models (LLMs) already give better advice than nearly all doctors, citing Nobel Prize winners who share the view. The remarks come amid a wide-ranging discussion on how AI could reshape industries far beyond coding or customer service. Amodei agrees that healthcare is one of the clearest cases where society is “intelligence-limited.” “I have talked to Nobel Prize-winning biologists who say, I will only, I mean, it sounds a little…
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.
The Federal Trade Commission (FTC) has gone to court to shut down a Delaware-based artificial intelligence (AI) firm it says misled entrepreneurs with false promises of fast profits and guaranteed refunds. The FTC says it is suing Air AI Technologies for luring small business owners to make big investments with deceptive claims about business growth, earnings potential, and refund guarantees. Air AI Technologies marketed its flagship “conversational AI” as a tool that could replace human staff and generate life-changing earnings. The company allegedly told small businesses they could earn back their investment many times over in just months. Instead, regulators…
Artificial intelligence (AI)-powered impersonation scams are already inflicting staggering losses, with fake CEOs and executives tricking employees into wiring millions of dollars in funds or sharing sensitive data. Losses from executive deepfakes topped $200 million in the first quarter alone, according to James Turgal, vice president of global cyber advisory at Optiv, the Wall Street Journal reports. Executive deepfakes use AI models trained on a leader’s voice and video, often pulled from interviews, earnings calls, or YouTube clips, to generate convincing live calls or recorded messages. Fraudsters pose as CEOs or CFOs, instructing staff to transfer money, share credentials, or…
Coinbase chief executive Brian Armstrong is taking an uncompromising approach to artificial intelligence, pushing the company to adopt artificial intelligence (AI) at a pace few other crypto or other fintech firms have attempted. In an interview with John Collison, the Coinbase CEO says the firm is moving aggressively to embed AI across its engineering ranks, with no patience for gradual rollouts or hesitant employees. Armstrong explains that leadership had floated a plan to phase in AI tools like Copilot and Cursor over several quarters, but he personally intervened to accelerate the timeline. What followed was a mandate that left no…
The stock of an artificial intelligence (AI) data cloud company is on the up and up after a crushing second-quarter performance. In its latest earnings report, Snowflake (SNOW) blasts past Wall Street’s expectations, reporting $1.09 billion in product revenue in the quarter ending July 31st, up 32% year-over-year, and raising its full-year forecast to $4.395 billion. But remaining performance obligations swelled to $6.9 billion, a 33% jump that highlights demand visibility. CEO Sridhar Ramaswamy says thousands of customers are now betting their business on Snowflake, with more than 6,100 accounts using its AI tools every week. “Customers love that our…
Tech titan Nvidia (NVDA) put up a stellar Q2 2026 fiscal year (FY) performance, generating $46.7 billion in revenue to mark the highest quarterly revenue in its history. In its latest earnings report, Nvidia says its revenue soared 56% year-over-year and 6% quarter-over-quarter as data center sales shattered $41.1 billion. Additionally, the firm announced a fresh $60 billion stock buyback as gross margins pushed above 72% and earnings per share hit $1.05 on a non-GAAP basis, handily outpacing the prior year. But despite the record-breaking performance for the quarter that ended July 27th, 2025, shares closed flat on the day.…
Citi is sounding caution on Palantir Technologies (PLTR), warning investors that the stock’s lofty valuation may be difficult to justify as the company’s AI advantage evolves. In a new CNBC interview, Tyler Radke, senior equity research analyst at Citi, warns that PLTR may be overvalued after rising by 107% year-to-date. He also says that at current levels and the way the AI industry is developing, Citi is not ‘particularly excited’ about PLTR’s risk-reward profile. “This stock, even despite its slide, is still trading at around 70x forward revenue. So it’s very much on the high end of the valuation range.”…
Tech titan Google believes that artificial intelligence (AI) will trigger a massive creation of wealth that would help the US wrestle with its sky-high debt level. In a speech at Jackson Hole, Alphabet president and chief investment officer Ruth Porat says AI is no longer a side story but a powerful engine that could catalyze colossal wealth generation in the coming years. “[AI can] drive economic growth, potentially in the trillions of dollars globally in the next 10 years.” Porat says the scale of the opportunity is extraordinary, even if the estimates vary. Citing data from the Congressional Budget Office…
Cambricon Technologies has swung to a record $144 million profit in the first half of the year, powered by surging demand for homegrown chips after DeepSeek’s latest AI model fueled a rush into domestic hardware. Revenue soared 44-fold to 2.9 billion yuan ($410 million), lifting Cambricon’s market value to $80 billion in August alone, reports Bloomberg. Cambricon Technologies is one of China’s largest listed AI chip designers, supplying accelerators for training and running large language models. Investors poured in after DeepSeek explicitly optimized its V3 model for local processors. Wee Khoon Chong, a senior strategist at the Bank of New…
JPMorgan Asset Management has thrown its weight behind Numerai with a $500 million capacity commitment, fueling one of the sharpest rallies yet for the AI-powered hedge fund’s native token. Numerai’s NMR coin surged more than 115% in 24 hours following the announcement, doubling in value as investors latched onto Wall Street’s endorsement of a crowdsourced approach to machine-learning strategies. The deal pushes Numerai’s assets under management toward the $1 billion mark, after a breakout 2024 in which the fund posted a 25.45% net return with a 2.75 Sharpe ratio. Founded in 2015, Numerai runs a tournament that invites thousands of…