A prominent voice in the AI community is warning that market enthusiasm may be outrunning technological reality, warning that today’s valuations reflect faith more than fundamentals. In a new BNN Bloomberg interview, Gary Marcus, a cognitive scientist and long-time critic of pure-scaling AI approaches, says investors have entered belief-driven territory at a time when companies are still far from a real breakthrough. Marcus points to steep capital commitments, hardware intensity and persistent reliability issues as signs that the industry is leaning on expectations that may take years or decades to play out. “It is a bubble. The question is, when…
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.
Alphabet CEO Sundar Pichai says Google is gearing up to take the artificial intelligence arms race off the planet. In a new post on X, Pichai unveils Project Suncatcher, an effort that aims to harness near-continuous solar energy and build tightly clustered satellite formations above Earth, reducing the physical and energy constraints that define AI supercomputing on the ground. Pichai says the initiative is in early stages, but testing has already shown signs that its Trillium TPUs can tolerate radiation levels in low-Earth orbit, clearing one of the biggest technical hurdles for running AI silicon in space. The company is…
Amazon quietly exited its AMD stake last quarter, and the timing now looks striking as the chipmaker just delivered one of its strongest reports of the year. A new 13F filing shows Amazon sold all 822,234 of its AMD shares worth $118 million in Q3, reducing its stake to zero after previously holding roughly 4.8% of its portfolio in the stock. The move came ahead of an earnings print that pushed AMD further into the center of the AI chip race. AMD reports $9.2 billion in Q3 revenue, topping expectations of $8.8 billion and delivering earnings per share of $1.20…
Box CEO Aaron Levie says companies are about to enter a new era of experimentation and output as AI agents begin taking on work that previously required human time, judgment and cost discipline. In a new post on X, Levie argues that corporate decision-making has always been constrained by scarce resources and the fear of wasting time and capital, dynamics he believes AI agents will rewrite across industries. He says the ability to instantly generate and test concepts fundamentally alters what leaders choose to pursue and how ideas move through organizations. “The thing that’s deeply underappreciated about how AI agents…
Tesla CEO Elon Musk is laying out a multi-year silicon roadmap as the company pushes deeper into making AI hardware more efficient. In a new post on X, Musk says Tesla will begin testing of AI5 chips ahead of volume rollout, describing a staged ramp that positions Tesla to expand compute supply over the next several years. He also says Samsung and Taiwan Semiconductor Manufacturing Company (TSMC) will work on “slightly different versions” of AI5 chips. “Slightly different versions of the Tesla AI5 chip will be made at TSMC and Samsung simply because they translate designs to physical form differently,…
Palantir CEO fires back at PLTR short sellers, saying they are misreading both the company’s trajectory and the broader AI transformation powering its numbers. In a new CNBC interview, Alex Karp forcefully defends Palantir’s valuation and strategy as skeptics continue to question the sustainability of AI-driven gains. Yesterday, news emerged that “Big Short” investor Michael Burry shorted PLTR to the tune of nearly $1 billion, representing 66% of Scion Asset Management’s portfolio. Karp says short sellers are fueling the company’s drive to accelerate performance, emphasizing that repeat upside surprises have consistently confounded those positioned against the stock. “Of course, when…
Goldman Sachs says shorting the AI‑driven market means betting against nearly every major force powering US equities right now. In a new CNBC interview, Tony Pasquariello, head of hedge fund client coverage at Goldman Sachs, says that despite concentration concerns in mega‑cap tech, the biggest winners have earned their leadership. He says the AI boom is both earnings‑driven and reinforced by structural tailwinds that make it difficult for bears to win. “There’s no doubt the market’s top-heavy. There’s no doubt it’s concentrated. We know this. Ten companies priced 25% of global equity market cap. And it’s been narrow… You look…
Banking giant UBS dismisses AI bubble fears, noting that current capital spending levels are nowhere close to historical innovation booms. In a new CNBC interview, UBS managing director Alli McCartney pushes back against mounting bubble-watch commentary, saying long-term infrastructure waves have historically required sustained spending far above today’s levels. She points to past industrial revolutions as the correct benchmark for judging AI CapEx, not short-term stock volatility or near-term investor anxiety. “If we look back at everything from the steam engine to telecom to electrification of the grid for an extended period of time, so over years, not over months,…
The CIOs of Bridgewater Associates say investors are ignoring mounting market risks and pricing in a near-perfect future powered by artificial intelligence, even as economic pressure builds beneath the surface. In a new investor note, co-chief investment officers Bob Prince, Greg Jensen and Karen Karniol-Tambour warn that market optimism has reached historically rare territory not seen in nearly a century, reports Reuters. According to the CIOs of the firm founded by billionaire Ray Dalio, the stock market rallies do not resemble a typical bullish phase but a moment when investors have priced in uninterrupted strength across the entire economy. “US…
OpenAI has secured a massive supply line to fuel its next phase of artificial intelligence development, striking a multi-year, multi-billion-dollar infrastructure deal that deepens its ties to Amazon. In a new statement, Amazon Web Services (AWS) says it has signed a seven-year, $38 billion agreement with ChatGPT creator OpenAI. Under the deal, AWS will give OpenAI access to hundreds of thousands of Nvidia chips and can ramp to tens of millions of CPUs. The capacity is designed to serve training, inference and emerging agent frameworks, reflecting the sweeping buildout underpinning the AI arms race. The agreement commits both sides to…