A billion-dollar asset manager says the AI trade remains the defining market narrative, warning investors against looking away as money continues to flow into the story. In a new CNBC interview, Dan Greenhaus, chief strategist at Solus Alternative Asset Management, says the story extends across sectors, from semiconductor giants to companies still emerging as beneficiaries of the trend. “This story is so dominant. And every time we come on the show and we talk about should investors move away from the AI story, the argument I always come back to is just there’s a consistent spade of headlines that reinforce…
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.
Banking titan Citi is rolling out a major test of so-called “agentic” artificial intelligence, betting the technology could eventually streamline work once thought to require human supervision. The bank will run a pilot involving 5,000 employees over the next month, using its in-house AI platform to see how far agent models can perform certain tasks, reports The Wall Street Journal. David Griffiths, Citi’s chief technology officer, says early agent models often struggled to work reliably, but improvements now make a broader test possible. “A couple of years ago, you could do agentic things with the early versions of the models…
Nvidia is building deep ties with OpenAI, preparing to fund a sweeping buildout of computing infrastructure to support the world’s most popular AI platform. The agreement calls for an investment of up to $100 billion and roughly 10 gigawatts of new capacity, a figure that Nvidia (NVDA) CEO Jensen Huang says underscores the unprecedented demand for computing. Huang describes the deal as both industrial and cultural in scale. “ChatGPT is the single most revolutionary AI project in history. It’s being used everywhere, every industry, every country. Every person practically that I know uses ChatGPT. The computing demand is going through…
ARK Invest’s Cathie Wood says the AI race and crypto are moving in tandem to reshape the global economy, with both sectors showing signs of disruptive power. In a new Bloomberg interview, Wood names the four firms leading the AI push. According to the investor, these big tech firms will continue to pour money into the AI race as long as other companies pay for their services. “Well, I think the big four right now are OpenAI, Anthropic, xAI, and Gemini. Those four. And we don’t know if this is going to be a four-horse race or a two-horse race.…
Oxbow Advisors’ Ted Oakley says the AI trade looks eerily similar to the dot-com bubble witnessed in the late 1990s. In a new interview with David Lin, the founder and managing partner of the $2.1 billion wealth manager explains why his firm is staying away from the sector, despite the momentum behind leaders like Nvidia (NVDA). Oakley warns that valuations of AI stocks appear to be disconnected from fundamentals. “If you go back and look at a lot of the AI names, you know, have NVIDIA and all that group, all that stuff. We don’t have that. We don’t own…
Sam Altman says OpenAI is preparing to test a new phase for ChatGPT, one that leans heavily on compute and stretches the economics of today’s large models. In a new post on X, the OpenAI CEO says users will get to access ChatGPT’s new offerings soon. “Over the next few weeks, we are launching some new compute-intensive offerings. Because of the associated costs, some features will initially only be available to Pro subscribers, and some new products will have additional fees.” Altman also says the rollout comes as OpenAI experiments with making tools widely available while grappling with the expense…
Asset management giant Baird believes Tesla (TSLA) has more room to run, raising its outlook on the stock with artificial intelligence front and center. In a note, Baird analyst Ben Kallo says the firm is upgrading its outlook on the electric vehicle maker to Buy from Hold, reports Barron’s. Kallo also boosts TSLA’s price target from $320 to $548, citing a larger shift from AI software to robotics and self-driving technology. According to Kallo, there is a “physical AI inflection ahead.” The analyst points to catalysts including the expansion of Tesla’s robo-taxi service, unveiling of its humanoid robot Optimus, other…
Tech stock strategist Dan Ives says Apple’s (AAPL) latest iPhone cycle is off to a stronger start than expected, prompting him to raise his outlook on the stock. In a new post on X, the Wedbush Securities managing director says sales of the iPhone 17 are flashing early signs of momentum, noting that demand could exceed projections. “Raising price target on Apple to $310 based on the early strong demand signs coming out of the iPhone 17 cycle. With iPhone 17 officially going on sale, we are positively surprised on the demand trajectory…units appear to be tracking 10%-15% ahead of…
Dario Amodei says a single decision in Washington about AI chips could undermine America’s standing as the most powerful nation on the planet. In a panel discussion at Axios’ AI+ DC Summit 2025, the Anthropic CEO says US leadership in advanced chips is directly tied to the future of democracy and economic power. He says that the one who wins the AI race could control the fate of nations, noting that it is “completely nuts” for the US to sell Nvidia chips to China. “And if we look at all the ingredients, China has many of them better than we…
Billionaire venture capitalist Vinod Khosla warns that people will lose a lot of money chasing the AI trade. In a new Fox Business interview, Khosla says investors pouring money into the AI trade would be better off following the example of fellow billionaire Warren Buffett. He makes the statement as he believes that most bets in AI will not pay off. “You were just talking about Warren Buffett. He doesn’t invest for the next quarter. He invests for the next decade, as you’ve seen from his bets. I think that is the way to approach AI. I believe most investments…