AI and Crypto Czar David Sacks warns that the future of AI may look less like The Terminator and more like 1984. In a new interview on the a16z podcast, Sacks says large-scale AI systems could become vehicles of censorship, distortion and political manipulation if steered by the wrong hands. Sacks notes that mainstream fears about killer robots miss the more immediate threat: information control through algorithmic distortion and surveillance. “I almost feel like the term woke AI is insufficient to explain what’s going on, because it somehow trivializes it. I mean, what we’re really talking about is Orwellian AI.…
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.
One of Wall Street’s most vocal tech bulls says the outcome of an incoming shareholder vote on Elon Musk’s controversial pay package won’t be close. In a new note to clients, Wedbush’s Dan Ives says Tesla is entering its most consequential phase since launch, with the company asking investors to approve a long‑term performance plan for CEO Elon Musk that could see the AI tycoon become $1 trillion richer. The proposal arrives as Tesla races toward full autonomy, mass robotaxi deployment, and humanoid robotics, milestones Ives says are central to the company’s next chapter. “This Thursday, Tesla will be hosting…
BlackRock, America’s largest asset manager, says artificial intelligence has shifted from a technology theme to the primary force powering US business investment. In a new post on X, BlackRock CIO Rick Rieder unveils new data showing AI-driven spending contributing the majority of business investment to GDP over the past two years. The chart tracks a break in trend beginning in 2023, with AI-related investment climbing while traditional non-AI investment oscillates around zero or negative contribution. Rieder sees the phenomenon as a regime shift, with AI acting as a structural growth pillar rather than a cyclical technology wave. The data highlights…
Investor Michael Burry, who famously called the 2008 housing collapse, has placed a multibillion-dollar wager targeting names at the center of the market’s artificial intelligence mania. The latest 13F filing from the U.S. Securities and Exchange Commission (SEC) shows that Burry’s Scion Asset Management is shorting Nvidia (NVDA) and Palantir (PLTR) by placing put positions to the tune of nearly $1.1 billion. According to the disclosure, Scion held puts representing more than five million shares of Palantir worth $912.1 million and one million shares of Nvidia worth $186.58 million in Q3 of 2025. The combined value of the bearish positions…
Artificial intelligence has moved beyond answering questions and generating clever text. Today, a new wave of AI technology is quietly emerging, one that doesn’t just talk or suggest but acts. Some believe this shift will unlock a world where daily tasks melt away and businesses run smoothly, as people gain back time to think, create and live. Others worry it marks the beginning of work automation at scale, where machines don’t just assist humans, but perform entire workflows without them. Like every major technological leap, the truth isn’t in extremes. It’s in understanding. And the sooner you do, the more…
A wave of AI-linked borrowing is rippling through credit markets, as US tech giants tap debt markets to finance massive data-center expansion tied to the AI race. US companies have issued more than $200 billion in bonds this year to fund AI infrastructure, with deals from Meta, Alphabet and Oracle dominating the flow, reports The Financial Times. Analysts say the financing boom marks a new phase of the AI cycle — one where debt, not cash reserves, fuels hyperscale buildouts. They warn that the surge could reshape credit markets and stress other sectors as liquidity is being sucked into one…
US President Donald Trump rejects fears of an inflating AI bubble, saying that failure to secure the needed infrastructure to develop artificial intelligence is his real concern. In an impromptu interview, Trump noted that competitive urgency — not valuations or spending — is the defining risk for nations and companies. He says AI is a new industrial platform, comparing its strategic importance to past digital revolutions and warning that those without sufficient infrastructure risk being left behind. “Everybody wants AI because it’s the new internet. It’s the new everything. It’s one of the biggest things anyone’s ever seen. So everyone…
A portfolio manager at one of the world’s largest asset firms unveils the next stage of AI adoption that could spark the next growth phase for Mag 7 names. In a new CNBC interview, T. Rowe Price portfolio manager Tony Wang says the AI race is moving beyond model performance and into product execution, with emerging agentic systems expected to reshape consumer behavior and enterprise workflows. He says the next AI wave is one defined by automation that understands context and makes decisions, rather than simply responding to prompts. “I think that what matters going forward is agentic AI, and…
A major AI compute alliance is taking shape in Texas, as Microsoft teams up with IREN to secure next-generation Nvidia chips through a long-horizon cloud supply deal worth billions. In a new press release, IREN (IREN) announces that it has signed a five-year cloud services contract with Microsoft worth $9.7 billion, including a 20% prepayment. The multi-year deal gives Microsoft access to Nvidia’s GB300 systems, delivered in phases across IREN’s 750 MW Texas campus alongside liquid-cooled data centers that will power the next wave of model training and inference workloads. IREN, a former Bitcoin miner turned AI infrastructure operator, also…
A top enterprise software executive says AI agents will raise performance standards across industries, turning routine roles into higher-skill positions rather than eliminating them. In a new thread on X, Box CEO Aaron Levie says fears of mass white-collar displacement misunderstand the real shift underway, pointing to historical cycles where technology redefined jobs rather than wiping them out. He believes AI is a force that expands expectations rather than compressing opportunity, with enterprise software poised to benefit from rising productivity demands. “AI will largely automate tasks, not jobs. Even as AI agents get better at automating more of what we…