Steve Eisman, the investor best known for flagging the hidden fault lines in the US mortgage market over a decade ago, is now watching a different corner of the market with growing unease In a new CNBC interview, Steve Eisman, who is known for nailing the 2008 housing market collapse, says he’s keeping a close watch on the emerging split inside the AI research community and why it matters for markets powering the boom. He cites an argument presented by NYU professor Gary Marcus, who said that large language models (LLMs) will lose their efficacy as they scale, meaning the…
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.
Billionaire Howard Marks believes that the AI boom carries the familiar signatures of a technological bubble, but notes that investors seem to have learned from the mistakes of past cycles. In a new interview with Bloomberg, the co-founder of Oaktree Capital Management highlights that there are two types of market bubbles: unproductive and productive. Marks says the AI boom belongs to the second category. “Well, I think that the unproductive bubbles I would describe as financial fads. Portfolio insurance was one. Subprime mortgages were another, just financial activities that become fashionable, zoom into popularity, get overhyped, and then recede. But…
Blackstone president and COO Jonathan Gray believes that America’s economic backdrop is looking sturdier than the headlines suggest, as the US heads into 2026 continuing to flash resilience. In a new CNBC interview, Gray points to revenue growth across Blackstone’s portfolio of companies, while highlighting that the AI CapEx boom is a major driver of US economic activity. “Our companies in the third quarter [saw] their revenue growth in private equity was up 9%. This AI CapEx boom has really fueled a lot of business activity, particularly in the United States.” According to Gray, signs of easing inflation plus a…
ARK Invest CEO Cathie Wood says her firm is still bullish on the AI trade, even after unloading tens of millions of dollars in Tesla (TSLA) and Meta (META) shares. Data from the ARK Invest trade tracker Cathie’s ARK shows that the investment firm sold $17.2 million worth of TSLA on December 5th and over $929,200 on December 8th. The firm also dumped $7.4 million in META on December 4th and $4.8 million of the social media giant’s stock on December 5th. In total, ARK Invest sold $30.329 million worth of TSLA and META in less than seven days. In…
The FBI is urging Americans to brace for a new wave of holiday scams as criminals lean heavily on artificial intelligence to impersonate loved ones, forge identities and pressure victims into fast decisions. In a new public service announcement, the Bureau says it received more than 9,000 AI-related complaints to its Internet Crime Complaint Center in the first seven months of 2025, with losses piling on top of last year’s $13.7 billion in reported fraud. Ahead of the holiday season, FBI Director Kash Patel says the American public should be on the lookout for urgency tactics and AI-assisted deception that…
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…
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…