Apple is making a high-profile move in the escalating global fight for AI talent, hiring longtime Google and Microsoft executive Amar Subramanya to lead major parts of its next-generation artificial intelligence efforts. In a fresh announcement, Apple says Subramanya is joining the company as vice president of AI, reporting directly to Craig Federighi. The company describes Subramanya’s portfolio as central to Apple’s future, covering Apple Foundation Models, machine learning research, and AI safety and evaluation. Subramanya arrives with more than two decades of experience building large-scale AI systems. At Microsoft, he served as corporate vice president of AI, where he…
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 United States is taking new steps to rebuild control over the rare earth minerals that power artificial intelligence, clean energy systems and national defense. In a new announcement, the Department of Energy (DOE) has opened a funding opportunity worth up to $134 million to expand domestic rare earth extraction and processing capacity, aiming to reduce the nation’s reliance on foreign sources dominated by China. The DOE says the money will support full-scale demonstrations of rare earth extraction, separation and refining technologies inside the United States through unconventional sources like mine tailings, electronic waste and other discarded materials that can…
JPMorgan Chase is pushing back on claims that the AI boom is running too hot, arguing that the investment cycle remains early and structurally supported by real demand rather than speculation. In a new CNBC interview, Sitara Sundar, head of Alternative Investment Strategy at JPMorgan, outlines the bank’s full framework for gauging whether artificial intelligence is drifting toward bubble territory. She says the bank looks for four specific red flags when evaluating emerging tech cycles. “There are four things that we tend to look at in terms of our framework to whether or not artificial intelligence is in a bubble.…
Nvidia CEO Jensen Huang says most people have only seen a tiny sliver of the AI revolution, warning that the public conversation around chatbots and capital expenditure (CapEx) is distracting from a massive transformation happening behind the scenes. In a new interview with CNBC’s Jim Cramer, Huang says the world is just seeing a mere fraction of what AI can do now, leading many to question whether the trillions of dollars of projected CapEx on the tech cycle are worth it. First, the Nvidia CEO says that AI is already changing the way the world processes data. “Most people only…
Elon Musk says artificial intelligence and robotics are the only forces powerful enough to counter the fiscal pressure created by America’s soaring deficits. In a new interview with Nikhil Kamath, Musk says the rapid expansion of automated production is the only viable path to offset the inflationary impact of the United States adding about $2 trillion to its balance sheet each year. He notes that the long-term economic stability of the US hinges on raising output far faster than the government prints money. “As long as civilization keeps advancing, we will have AI and robotics at a very large scale.…
Peter Thiel says artificial intelligence can help return some manufacturing to the United States, but only in narrow categories where automation costs justify the move. In a new conversation with Joe Lonsdale, Thiel stresses that any reshoring plan depends on a precise understanding of the economics behind robotics and industrial equipment. The billionaire notes that automation has been a long-running trend, and that AI is only one part of a centuries-long shift. “You have to always be extremely granular on how expensive the robots are, how expensive the equipment is, because in some sense, manufacturing has been getting steadily more…
Microsoft CEO Satya Nadella says he’s confident that artificial intelligence will not hit bubble territory based on what he’s seeing behind the scenes. In a new interview with Mathias Döpfner, Nadella lays out the single test he believes will determine whether AI is real or overhyped. “The test is it does need to have a broad impact across the economy in shifting the productivity curve and leading to GDP growth that is [widespread]. Because at the end of the day, nothing can outrun economic growth. Because any supply-side thing will have to ultimately meet a demand-side thing. And so in…
The former chief strategist at Morgan Stanley says that AI is triggering a public backlash unlike anything seen in past technological shifts spanning over 100 years. In a new interview with Norges Bank Investment Management, Ruchir Sharma highlights that today’s AI boom is marked by fear instead of optimism, reversing the pattern that defined earlier eras of innovation, including bubbles that wiped out massive amounts of wealth. “And there’s one very important distinction with this AI adoption compared to the past big tech revolutions, which have happened. If I can say so, this is the most-hated tech revolution. And what…
Macro expert Luke Gromen says the rapid advance of artificial intelligence is creating job losses that could pose major risks to the US financial system. In a new interview on Market Disruptors, the macro analyst argues that the speed of AI adoption could trigger a credit crunch as workers lose income faster than the system can absorb. He says AI is already displacing American workers en masse, warning that the job loss cascade directly into the credit system because displaced workers carry debt that depends on stable wages. “And all of those people presumably have consumer loans outstanding as they…
Bridgewater CIO Greg Jensen says Wall Street is misreading the frantic wave of AI circular financing deals sweeping through the tech sector. In a new interview with Norges Bank Investment Management CEO Nicolai Tangen, Jensen notes that the vendor arrangements surrounding Nvidia and its rivals are not signs of froth but rather the mechanics of survival in a supply-starved industry. The Bridgewater executive pushes back on claims that vendor financing is a bubble signal, noting that AI firms are employing the strategy for defense, and not financial engineering. “The chips are so scarce that Nvidia is now in this position,…