OpenAI CEO Sam Altman says the company believes it can grow revenue fast enough to absorb its massive long-term AI spending commitments, highlighting that exponential growth dynamics are being widely underestimated. In a new interview with journalist Alex Kantrowitz, Altman addresses concerns about OpenAI’s roughly $1.4 trillion in projected capital commitments, saying that the challenge is one of scale, timing and compute availability rather than demand. Altman says people often struggle to intuitively grasp exponential growth, even when it is playing out in real time. “You have good intuition for a lot of mathematical things in your head, but exponential…
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.
Google DeepMind co-founder and CEO Demis Hassabis believes investors will overreact to the AI boom, as parts of the artificial intelligence ecosystem show bubble-like behavior. In a new episode of the Google DeepMind Podcast, Hassabis says the current moment is not a binary question of whether AI is or is not in a bubble, but a mixed environment where some segments look overheated. Hassabis points to early-stage startup fundraising as a clear example, describing valuations that appear detached from the maturity of the underlying businesses. “One example would be just seed rounds for startups that basically haven’t even gotten going…
A sharp pullback across stocks linked to the AI trade may be masking early signs of a tradable bottom, setting the stage for a potential year-end rally, according to Wall Street strategist Dan Niles. In a new post on X, the Niles Investment Management founder says that while AI-linked names sold off hard, several internal signals suggest downside pressure could be easing in the near term. “While on the surface today was a horrible day for the AI names with both the GOOGL & OpenAI complex down 4%, there were some signs of at least a potential short-term bottom. JBL…
Elon Musk believes that AI and robotics will ultimately eliminate poverty and make money irrelevant, as machines take over the production of goods and services. In a new post on X, the richest man on the planet believes that in the future, everyone will be wealthy, and saving money will make no sense. “There will be no poverty in the future, and so no need to save money. There will be universal high income.” Replying to an X post by Melanie D’Arrigo, who hints that Musk could use his $600 billion fortune to fund a myriad of humanitarian efforts – from…
Senator Bernie Sanders says the rapid, unregulated expansion of artificial intelligence is concentrating power among a handful of billionaires while threatening jobs, democracy and human relationships. In a new video update, the Vermont senator warns that the world’s wealthiest technology leaders are not prioritizing the well-being of working families as AI and robotics accelerate across the economy. “It happens to be the very wealthiest people on earth, people like Elon Musk, Jeff Bezos, Mark Zuckerberg, Peter Thiel, Bill Gates and other multi-billionaires. Do you believe that these guys, these multi-billionaires, are staying up at night worrying about what AI and…
A surge in demand tied to electrification, data centers and automation is tightening the market for one precious metal, says the CEO of a Vancouver-based mining firm. In a CNBC interview, Pan American Silver CEO Michael Steinmann lays out the case for why he believes silver’s role in the modern economy is becoming more central, as the metal moves deeper into the supply chains powering solar, electronics and AI infrastructure. Steinmann says silver has recently been elevated on US strategic lists, while industrial demand now accounts for a majority of usage. “It’s a really important metal for the economy. It’s…
Google has begun rolling out its latest artificial intelligence model directly inside Search, making advanced AI features available to users globally at zero cost. In a new announcement, the company says it is introducing Gemini 3 Flash as the default model for AI Mode in Search worldwide, bringing what it describes as frontier intelligence optimized for speed and real-time use. Google says the new model combines the reasoning capabilities of its Gemini 3 system with the performance expectations users associate with Search, allowing AI Mode to handle more complex questions without slowing responses. “With this upgrade, AI Mode becomes an…
Best-selling personal finance author Robert Kiyosaki warns that the next phase of the global economic crisis is already taking shape, following the Fed’s latest rate cut last week. In a new post on X, the Rich Dad Poor Dad author says the Fed rate cut signals a return to what he calls large-scale money printing. Kiyosaki warns that the printing of more US dollars will make life very difficult for the American people. “The FED just let the world know their plans for the future. The FED lowered interest rates…signaling QE (quantitative easing) or turning on the fake money printing press….What…
The global head of technical strategy at Fundstrat is predicting an imminent bottom for Oracle (ORCL) amid a bearish catalyst that fueled further declines for ORCL on Wednesday. In a new post on X, Mark Newton highlights ORCL’s nearly 50% decline from its all-time high of $345.72, which it hit in September after signing a $300 billion megadeal with OpenAI. Newton says Gann’s Square of 9, a technical analysis tool that predicts key price levels and time turning points, shows that ORCL is very close to hitting a crucial support level. “When putting ORCL’s rally on Gann’s Square of 9…
Banking giant JPMorgan says a short-term market rotation may be taking shape as investors hunt for value outside Big Tech. In a new interview on CNBC, Dubravko Lakos, head of global markets strategy at JPMorgan, says he expects a narrow tactical window where beaten-down areas of the market could see relief rallies. Lakos says the potential rotation is a function of positioning, seasonality and valuation rather than a shift in long-term fundamentals. “And we do think the broadening out could continue to run its course, but really only tactically short term into Q1. You could have some of these, like…