SpaceX CEO Elon Musk says the tech firm could witness a key breakthrough this year that sets the stage for space to be the next frontier for data centers. In a new interview with BlackRock CEO Larry Fink at the 56th Annual Meeting of the World Economic Forum, Musk says SpaceX is looking forward to achieving full reusability of rockets this year. Musk highlights that no one in history has achieved the technological feat that could drastically cut the costs of sending satellites into space. “If you have to throw your aircraft away after every flight, that would be a…
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.
Anthropic co-founder and CEO Dario Amodei is reiterating his warning that a massive job displacement among knowledge workers is in sight amid the emergence of AI. In an interview at the 56th Annual Meeting of the World Economic Forum, Amodei says history shows that the labor force has adapted well through past industrial revolutions, from farming to today’s white-collar work. But this time around, Amodei worries that the pace of AI development will overwhelm the labor market’s ability to adapt, ultimately leaving many people without jobs. “One to five years as of six months ago, I would stick with that.…
An investor with an estimated net worth of $2.5 billion believes businesses can use the current capabilities of AI in one area to get ahead of the competition. In a new post on X, Airbnb and Stripe backer Paul Graham says the biggest wins for today’s AI are emerging in businesses that were historically bottlenecked by how fast humans could produce text. According to Graham, coding is one example, but he notes that the same constraint exists across many other industries. “The sweet spot for present-day AI seems to be projects that were constrained by the rate at which humans…
Congress is moving to tighten control over advanced US AI chip exports as lawmakers warn the technology is increasingly central to modern warfare. The House Foreign Affairs Committee on Tuesday advanced the AI Overwatch Act during a full committee markup, pushing forward legislation designed to block adversary militaries from accessing weapon-enabling artificial intelligence and to anchor allies to US AI systems. The bill was introduced last month by Committee Chairman Brian Mast and would codify national security requirements tied to the Commerce Department’s recent H200 export rule, applying congressional oversight to some of the most advanced AI chips produced by…
Visa is warning that the rapid spread of AI across digital commerce is accelerating fraud risks and could drive global cybercrime losses to trillions of dollars by the end of the decade. In a new report, the payments giant says advancing digital infrastructure, widening access to mobile computing and fast-maturing regulations are pushing commerce into a new AI-powered era, while simultaneously giving fraudsters more sophisticated tools to exploit systems at scale. Visa says cybercrime is projected to cost the global economy $15.6 trillion by 2029, with malicious bots already accounting for 37% of all internet traffic. The firm says Asia…
DeepMind co-founder and CEO Demis Hassabis believes that Google is poised to continue dominating the AI race and leave its competitors in the dust. In a new Bloomberg interview at Davos, Hassabis highlights Google’s one-of-a-kind AI strategy, believing that its full-stack approach distances the firm from OpenAI, Microsoft and all other frontier model competitors. According to Hassabis, Google is the only Big Tech firm that covers all layers of the AI tech stack, spanning chips, cloud services, models and applications. “Well, I think everything starts with research, in my opinion, and the models especially being state-of-the-art on all the different…
Microsoft CEO Satya Nadella says competition in the AI race is pretty intense, and he believes that it doesn’t have to conclude with just one winner. In an interview with All-In Podcast members Jason Calacanis and David Sacks at Davos, Nadella says having intense competition in the tech industry is good, as it keeps Microsoft fit. Nadella also says that he’s not concerned about who’s currently in the lead because he thinks that the market for AI will be so large that there will be multiple winners. “Honestly, at the end of the day, when I look at it, as…
JPMorgan Chase CEO Jamie Dimon says AI is moving faster than other tech cycles in the past, and that it could trigger a social upheaval if the rollout remains unchecked. In a new interview at Davos, Dimon says the pace of AI development and deployment is unprecedented and that what we’re witnessing now is just the tip of the iceberg. “I think this one is faster, is massive. It is like the internet or electricity. It is not going to run for over 20 years. It’s more parabolic for now.” Looking at its impact on the labor market, the JPMorgan…
Nvidia chief executive Jensen Huang says AI is moving very close to driving tangible economic gains, as Big Tech makes a push for the next leg of the infrastructure buildout. In a new interview with BlackRock CEO Larry Fink at Davos, Huang says the AI buildout is a five-layer cake that does not end in models like OpenAI’s ChatGPT or Google’s Gemini. According to Huang, energy sits at the bottom of the cake, followed by chips and computing, cloud services, AI models and the application layer on top. The Nvidia executive highlights that the application layer is where the true…
Satya Nadella believes the future of AI does not belong to OpenAI, Anthropic or even Microsoft itself. In an interview with BlackRock CEO Larry Fink, the Microsoft CEO says firms that use a multi-model approach will emerge as the winners in the age of AI. According to Nadella, firms that leverage multiple systems and harness that intelligence to build a unique model will have a distinct advantage over their competitors. “Even in the last, whatever, three years, four years that we’ve been at it, the reality at this point is it’s a multi-model world. In fact, if you think about…