E-commerce titan Amazon believes that the massive $200 billion allocated for capital expenditures (CapEx) this year will pay off, even though investors think otherwise. Speaking at Amazon’s latest earnings call, CFO Brian Olsavsky says the bulk of the company’s planned capital investment is flowing into its cloud platform, Amazon Web Services (AWS), with AI accounting for the largest share. According to Olsavsky, AI has become a money printer for the company. “If you look at the capital we are spending and intend to spend this year, it’s predominantly in AWS. And some of it is for our core workloads, which…
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.
Alibaba founder Joe Tsai says China’s AI market is facing a different obstacle, and he’s not referring to model quality or power constraints. Speaking at the World Government Summit in Dubai, the billionaire says the companies best positioned to monetize AI are those that control both the models and the cloud infrastructure they run on. While companies like Google and Alibaba don’t make money from open-source model downloads, Tsai says they can monetize their cloud infrastructure by charging users for GPU/TPU time, inference requests and fine-tuning workloads, among other things. “The companies that actually have a cloud infrastructure, for example,…
Tesla and SpaceX CEO Elon Musk says US Big Tech may face a day when it has an overabundance of valuable AI chips that don’t get turned on. In a new interview with Dwarkesh Patel, Musk warns that global power generation outside China is failing to keep pace with the exponential growth of AI hardware. “Well, the availability of energy is the issue. So, I mean, if you look at electrical output outside of China, everywhere outside of China, it’s more or less flat. Maybe a slight increase, but pretty much flat. China has a rapid increase in electrical output.…
Nvidia CEO Jensen Huang says fears that AI will replace the software industry are fundamentally misguided, as he believes that AI’s biggest breakthroughs are actually reinforcing the value of existing software tools. Speaking at the Cisco AI Summit, Huang pushes back on the idea that pressure on software stocks signals an industry in decline, calling that conclusion logically flawed. “Remember what software is. Software is a tool. There’s this notion that the software industry is in decline and will be replaced by AI. You could tell because there’s a whole bunch of software companies whose stock prices are under a…
Prediction market traders are now betting that Elon Musk’s net worth will explode to a mind-boggling 13-figure sum in just a few months. Traders at Kalshi are increasingly betting that Musk will become a trillionaire, giving the scenario 76% odds of happening before January 1st, 2027. The figure rises to 88% if the timeline is extended to before January 1st, 2028, and before January 1st, 2029. Elon Musk’s net worth will be verified through Forbes. Traders on Kalshi have placed $288,281 worth of bets. The chances of Musk becoming the world’s first trillionaire are also rising on Polymarket, where traders…
Billionaire investor Ray Dalio says the global financial system is approaching a dangerous threshold, where geopolitical tension could spill directly into capital markets. Speaking at the World Governments Summit in Dubai, Dalio warns that the world is edging closer to what he describes as a potential “capital war,” driven by growing mutual distrust between major economic blocs. Dalio stresses that the risk is not hypothetical, but structural, emerging from fears over sanctions, asset freezes and access to capital during geopolitical disputes. “We are on the brink, that means not in, but it means we are quite close to, and it…
Global job marketplace Upwork is pushing back on the narrative that AI is replacing jobs based on data from its new study. In its In-Demand Skills 2026: A Market View of Skills Demand in an AI Economy report, Upwork says demand for core human skills has remained steady year over year, undermining fears that AI is rapidly replacing workers across the economy. Upwork says it drew data from its marketplace and freelancer earnings across six work categories from January 1st, 2025, to December 31st, 2025, with demand originating in the United States. The firm finds that the most in-demand skills…
Circle CEO Jeremy Allaire says the next phase of AI evolution would force a fundamental rewrite of how money moves across the world. In a recent interview, Allaire says the rise of autonomous AI agents is pushing blockchain and payments infrastructure toward a breaking point. According to Allaire, AI agents will swarm the digital world, and they’ll need a new payment system to conduct nonstop economic activity. “The next generation of blockchain networks, things like Arc, which Circle’s building on, there are other new blockchain networks, are actually being designed specifically for agentic compute. They’re designed specifically for the financial…
Alphabet (GOOGL) just posted its best annual performance in history as AI becomes a tremendous revenue engine. In its latest earnings call, CEO Sundar Pichai says Alphabet crossed a major milestone amid AI-driven momentum. “It was a tremendous quarter for Alphabet. The launch of Gemini 3 was a major milestone, and we have great momentum. Alphabet’s annual revenues exceeded $400 billion for the first time. This quarter, Search continued to accelerate with revenues growing 17%. YouTube’s annual revenues surpassed $60 billion across ads and subscriptions. Cloud significantly accelerated with revenues growing 48% now on an annual run rate of over…
Big Tech’s AI arms race is increasingly being financed with debt, and the numbers are moving fast. In a new analysis, Adam Kobeissi, editor-in-chief of The Kobeissi Letter, tells his 1.3 million followers on X that AI borrowing has exploded as the world’s largest technology firms race to build out data centers, chips and infrastructure. Citing data from Bank of America, Kobeissi says the pace of issuance dwarfs anything seen in recent history. “AI borrowing is skyrocketing. Big Tech firms issued a record $120 billion in corporate debt in 2025 to fund AI-related investments. Issuance surged +500% compared to 2024…