SoftBank is rotating capital out of legacy winners and into what it believes to be the next dominant AI platform, committing fresh billions of dollars to OpenAI. On the company’s latest results call, chief financial officer Yoshimitsu Goto says OpenAI is a core engine for future returns, after the investment giant saw its fair value investment in the ChatGPT creator surge by $14.6 billion in the first half of its 2025 fiscal year. “OpenAI is one of our key growth drivers. In the second quarter, the fair value of our OpenAI investment rose sharply, reflecting the latest transaction valuation.” Goto…
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.
Well-known short seller Jim Chanos is drawing a red line under the AI trade, warning that data center operators powering the boom are now valued like the technology giants they supply. In a new post on X, Chanos says the economics of AI infrastructure are being stretched to the point where even aggressive accounting assumptions suggest “landlords” like CoreWeave (CRWV) are barely making money. According to Chanos, CoreWeave’s economics reveal the pressures underneath the AI buildout. “As the AI DC bulls now try to convince you to extend depreciable lives on GPUs today, consider this: CRWV’s 3Q annualized Adj EBITDA…
A venture capitalist sounds the alarm on Meta’s artificial intelligence strategy, noting the company’s leadership pipeline and internal structure are fracturing just as it races to scale its AI ambitions. In a new post on X, Menlo Ventures partner Dee Dydas highlights the back-to-back departures from Meta’s AI ranks, tying the exits to deeper instability at the company’s research arm amid a sprawling, capital-intensive push into generative AI. “Meta’s AI org is in disarray. First, Soumitra Chintala, the inventor of PyTorch, leaves. Now, Yann LeCun, their AI head, leaves.” The comments come as news emerged that LeCun is planning to…
A prominent tech strategist challenges Michael Burry’s warning that hyperscalers are committing a “modern era fraud” by extending chip depreciation schedules to inflate profits. On Monday, “Big Short” investor Burry said AI giants are extending depreciation schedules on AI chips to boost earnings. He also predicted that hyperscalers will understate depreciation by $176 billion in the coming years. But Futurum Group CEO Daniel Newman takes the opposite side of the argument. In a new CNBC interview, he says rapid advances in chip efficiency don’t automatically make current depreciation timelines fraudulent. “So these things are lasting longer than a few years.…
Banking giant Goldman Sachs believes that the AI boom has yet to hit true bubble territory, but warns that hyperscalers could be marching toward the point of collapse. In a new episode of the Goldman Sachs Exchanges podcast, the bank’s head of internet equity research, Eric Sheridan, says today’s AI cycle doesn’t perfectly mirror the late-1990s boom. While the current boom has some resemblance to past tech bubbles, he notes that hyperscalers are still standing on a solid financial footing. “Do I see signs that point me back to the late 90s or the 07 time period? Sure. Private market…
A veteran predicts that a sharp reset is coming for AI stocks, saying spending trends have reached stratospheric levels. In a Bloomberg Television interview, Mark Mobius, who grew Templeton’s assets from $100 million to over $50 billion, warns that the massive spending of AI giants is getting out of hand. “If you look at the AI space, it’s a lot of froth. And we expect there to be a big correction in these companies that are emphasizing AI [because they are] spending trillions of dollars in AI improvements and infrastructure. There’s got to be a correction because some of the…
Billionaire Jeffrey Gundlach says he’s seeing a shocking turn of events as investors are now treating select corporate debt as more secure than US government bonds. In a new discussion with Barclays CEO C.S. Venkatakrishnan, the DoubleLine Capital CEO says credit markets are repeating a dynamic last seen in the early 1980s, when IBM’s bonds briefly yielded less than Treasuries — a sign of higher perceived safety. “The spreads on investment grade corporate bonds are basically at the tightest of all time, other than back in the early 80s… when we had a shocking development that IBM bonds traded through…
A senior Intel executive is heading to OpenAI, underscoring the intensifying race for talent and compute leadership in the push toward artificial general intelligence. In a post on X, Intel CTO Sachin Katti says he is joining OpenAI to focus on designing the compute backbone for future AI systems, after leading Intel’s AI efforts for the past four years. “Excited for the opportunity to work with Greg Brockman, Sam Altman, and the OpenAI team on building out the compute infrastructure for AGI! Very grateful for the tremendous opportunity and experience at Intel over the last four years leading networking, edge…
A new analysis from JPMorgan signals that Wall Street’s AI infrastructure boom may be entering a phase where funding demands push the limits of global credit markets, reviving fears of a setup reminiscent of the early-2000s telecom crash. JPMorgan strategists led by Tarek Hamid say the hyperscaler-driven race to construct AI data centers will require tapping every corner of the capital stack, with investment-grade bond issuance alone expected to total roughly $1.5 trillion over the next five years, reports Bloomberg. The bank estimates total AI data center spending could run at least $5 trillion, with a potential ceiling near $7…
Banks are issuing a fresh warning as criminals deploy AI-generated celebrity endorsements to lure older savers into high-pressure investment scams. The alert comes from FraudSMART, the Banking & Payments Federation Ireland’s fraud initiative, as pop-up ads using fabricated AI celebrity endorsements spread online and across social media platforms. FraudSMART says criminals are aggressively targeting older consumers trying to supplement pensions or add to their savings ahead of retirement. “Scammers are continually finding new and complex ways of luring people into investment scams, often targeting people over 50 who may be looking for an opportunity to top up their finances ahead…