A new cybersecurity survey by Bitdefender shows global scam losses are now at a whopping 13-figure dollar amount. The firm’s 2025 Consumer Cybersecurity Survey polled 7,000 consumers across the US, UK, France, Germany, Spain, Italy and Australia amid the rise of AI-powered scams. According to Bitdefender, the financial impact of global scam-related activities is tangible, as fraudsters drain hundreds of dollars per victim on average. “The financial impact is tangible. With global estimates of over $1 trillion in scam-related losses annually, and an average scam loss of $545 per victim, that equates to over $534,000 lost among our survey participants…
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.
Banking giant Morgan Stanley says AI’s energy appetite is accelerating faster than the grid can keep up, raising the stakes for companies racing to build the next generation of data centers. In a new note to clients, Morgan Stanley says surging AI demand could create a power shortfall across US facilities by 2028, reports the Economic Times. Led by Stephen Byrd, the bank’s analysts say the gap is a potential deficit large enough to match the electricity needs of 33 million American households. While Byrd and his team say AI is the “most important technological shift in modern history,” they…
Microsoft has flipped the switch on a new class of AI data center designed to work not as a single facility, but as part of a continent-spanning compute network that behaves like one machine. In a new update, Microsoft says its Fairwater family of AI data centers aims to be directly interconnected with data flowing between sites extremely quickly. According to the tech giant, the Atlanta AI data center is the second site in its Fairwater family, following the construction of its Mount Pleasant, Wisconsin facility. The Fairwater locations share the same chip, rack and cooling architecture and are connected…
A Wall Street veteran says investors calling today’s AI surge a repeat of the dot-com bubble are missing two foundational differences that separate this cycle from 1999. In a new Bloomberg interview, Chuck Clough, who has been in the securities and investment business for nearly 60 years, says the dot-com bubble in the late 1990s burst because the companies never generated profits. “Of course, 99, and I think most people understand that today most of the companies that rode the dot-com boom never generated earnings. In fact, they never generated revenues, many of them. It was all eyeballs that I…
Anthropic is committing tens of billions of dollars to expand its US computing footprint as enterprise demand for its Claude model accelerates. In a new company announcement, the AI startup says it is dropping a $50 billion investment in American AI infrastructure, including new data centers in Texas and New York built with Fluidstack. Additional sites are planned as the company scales its frontier research and commercial workloads. Anthropic says the endeavor will create 800 permanent jobs along with 2,400 construction jobs. The facilities are expected to come online next year. Anthropic CEO Dario Amodei says modern AI training requires industrial-scale…
The chief executive of chipmaker AMD believes that AI giants doubling down on the infrastructure buildout are making the right call. In a new CNBC interview, Lisa Su says the speed of the AI cycle has forced the industry to reset expectations, with demand moving far faster than analysts anticipated. She says AI is now past the stage of experimentation and curiosity, with enterprises finally seeing tangible productivity gains. “I think we started a couple of years ago. We thought the AI accelerator TAM (total addressable market) might be $300 billion. And that sounded like a really big number. And…
“Big Short” investor Michael Burry pushes back against reports that overstated the size of his latest bearish bet on Palantir (PLTR), calling out major news outlets for misreporting the cost of the trade. In a fresh post on X, the controversial short seller says media coverage inflated the wager almost a hundredfold, turning what he described as a seven-figure position into a headline-grabbing nine-figure bet. Burry lays out the math himself, saying the trade involved 50,000 contracts at less than $2 each, with each contract controlling 100 shares of Palantir. “So, I bought 50,000 of these things for $1.84. Each…
Michael Burry, the investor who nailed the 2008 housing market collapse, believes that he’s once again early in betting on a market meltdown. In 2005, Burry initiated a bet against the US housing market by buying credit default swaps on subprime mortgage-backed securities, which serve as an insurance policy that would dole out huge payments if the underlying assets collapsed. The investor had to wait until about 2008 before generating a personal profit of $100 million and more than $700 million for his backers. Recent 13F filings show that Burry’s Scion Asset Management holds $912.1 million worth of Palantir (PLTR)…
An investment banking advisory firm names one hyperscaler as its top AI play with satellites as its next frontier. In a new CNBC interview, Evercore ISI’s Mark Mahaney says his winning stock play is Amazon (AMZN), noting that the company’s cloud growth has re-accelerated and demand remains strong as enterprises lean into AI workloads. “Specifically, right now, you just got the unlock from AWS. You finally got this thing above 20% and that growth could get better than that next year. The demand across the industry is super strong. There’s an OpenAI deal that they did. The capacity is really…
Research and advisory firm Gartner believes that AI is a massive force that will drive business and IT leaders to transform the workplace. Speaking at Gartner IT Symposium/Xpo in Barcelona, analyst Helen Poitevin says she sees AI disrupting the workplace in the coming years. While she doesn’t expect the tech to trigger mass unemployment, Poitevin says employees must learn new skills to adapt to the incoming wave of AI adoption. “Every day, 150,000 jobs will evolve through upskilling, while 70,000 more jobs will need to be rewritten, reworked, and redesigned. Executive leaders must plan their AI investments and goals to…