Google DeepMind chief executive Demis Hassabis says the AI industry is becoming too large, too fast, and bubble-like signals are already emerging. In a new interview with the Financial Times, Hassabis says the industry is now “very big” amid explosive consumer and enterprise demand for AI tools and models. He notes that the level of demand he’s seeing makes it difficult to argue that AI as a whole is in a speculative bubble, especially given the scale of its expected impact. “From our point of view, we’re seeing more usage than ever, incredible demand for our models and the 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.
A new Anthropic study reveals which US states are spearheading the usage of AI, specifically its chatbot Claude. In its latest Anthropic Economic Index Report, the AI startup adjusted for a state’s population, so big states don’t automatically look like they use more AI just because more people live there. For its Usage Index, the firm says US states that have a score greater than 1 are using AI more than expected, given the size of their population, while those scoring below 1 are using the tech less than expected relative to their population. At the top of the list…
OpenAI CEO Sam Altman says the ChatGPT creator’s fastest growth is now coming from its developer platform, not consumer chat products. In a series of new posts on X, Altman says OpenAI added more than $1 billion in annual recurring revenue (ARR) in just the past month from its API business alone, underscoring how quickly enterprise and developer demand is scaling. “People think of us mostly as ChatGPT, but the API team is doing amazing work!” An API (Application Programming Interface) business is a model where a firm provides access to its proprietary AI models or specialized tools through a…
Americans remain cautious about trusting AI-generated search results, particularly when it comes to news and financial information, according to new data from Statista. A Statista Consumer Insights survey of 2,000 US respondents ages 18 to 64, conducted between June and December 2025, found that only about one-third of Americans report a high level of trust in AI search results, defined as their trust ratings of eight to ten on a ten-point scale. The findings come as AI-generated answers are increasingly surfaced at the top of search engine results, meaning even users who do not actively use tools like ChatGPT, Gemini…
Musician and producer will.i.am says artificial intelligence is pushing music and culture toward a breaking point where audiences will no longer be able to tell what is human-made and what is machine-generated. Speaking in a CNBC interview, the Black Eyed Peas frontman says the media landscape has shifted from shared cultural moments to hyper-fragmentation, setting the stage for AI to blur authenticity even further. He says attention has become compressed into fleeting bursts, replacing the sustained cultural moments that once defined music cycles. “Ten years ago, we were communal. Everybody listened to MTV or the same radio station. Everything is…
Deutsche Bank says OpenAI is heading into a tougher phase of the AI cycle this year, as a flurry of negative catalysts converge. Speaking in a CNBC interview, Deutsche Bank thematic strategist Adrian Cox says OpenAI will likely see tests in the coming months that could make or break the AI giant as the technology moves from hype to real-world deployment. “This is actually, in a way, going to be a year of disillusionment, not only for OpenAI, but for the rest of the AI trade. And that isn’t necessarily a bad thing. It’s probably a good thing that as…
BlackRock chief executive Larry Fink says artificial intelligence will require hundreds of billions of dollars in investment and drive global growth, but warns that the buildout will not be smooth and will include major failures. In a Bloomberg interview at the World Economic Forum in Davos, Fink says he believes that there’s no uncertainty about AI driving more global growth. But he warns that AI, like any other tech cycle, will not follow a straight line up and that there will be a massive shakeout along the way. “But I sincerely believe there is no bubble in the AI space.…
The International Monetary Fund (IMF) warns that AI is affecting the job market like a catastrophe, even though it is emerging as a powerful driver of economic growth. Speaking in a CNBC interview at the World Economic Forum in Davos, IMF Managing Director Kristalina Georgieva says AI could lift global growth, but warns that its impact on jobs is arriving with overwhelming force. “Definitely, we need to recognise that AI is a major factor for economic growth. We see potential of up to 0.8% boost to growth over the next years. But it is hitting the labor market like a…
Tesla CEO Elon Musk says humanoid robots are advancing fast enough that sales to the general public could begin as early as next year, following an initial rollout inside Tesla’s factories. In an interview with Larry Fink at Davos, Musk says Optimus robots are already being used to work inside Tesla factories and are expected to take on more complex roles before expanding beyond industrial settings. “Humanoid robotics will advance very quickly. I think we do have some of the Tesla Optimus robots doing simple tasks in the factory. Probably later this year, by the end of this year, I…
Nvidia CEO Jensen Huang says tens of trillions of dollars will be required to fully realize the AI infrastructure buildout. In a new Fox Business interview, Huang says the world’s research and development budget of around $20 trillion will rotate into the “new ways of doing things” based on AI. According to Huang, the AI infrastructure buildout will likely be the largest in human history, far surpassing the railroad and the internet revolutions. “And over the course of the next 15 years, a lot of estimates come in at $85 trillion. And so, we’re going to build a lot of…