Crypto exchange Coinbase and tech titan Google are moving to wire stablecoins directly into the machinery of AI agents. In a new update, Coinbase says the two companies have unveiled a system that lets AI agents not only communicate but also pay each other. The framework, called the Agentic Payments Protocol (AP2), extends Google Cloud’s Agent2Agent infrastructure. The addition of Coinbase’s x402 integration introduces stablecoin settlement into workflows that previously stopped short of economic activity. Coinbase and Google worked with Lowe’s Innovation Lab to show an AI agent diagnosing a do-it-yourself project, sourcing products, and completing checkout, all in one prompt,…
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.
Wealth management titan AllianceBernstein says AI adoption is only in its early stages, despite bubble calls and warnings on potential overvaluations. In a Bloomberg interview, AllianceBernstein Chief Investment Officer Lei Qiu says AI is now spreading beyond the hyperscalers into chipmakers, networking firms, and storage providers. She notes that the breadth of adoption signals a lasting build cycle rather than fleeting hype. “I think what we’re seeing is actually we’re hitting an inflection point in inferencing… If you look, the AI trend and the adoption and where we’re seeing the step function and numbers is broadening out. So it’s a…
Microsoft and Conduent are teaming up to deploy a generative AI fraud-detection system, first piloted last year, to monitor open-loop payment card programs for suspicious activity. In a new press release, Conduent says the aim is to protect a payments pipeline of about $85 billion annually that the firm routes for government benefit disbursements, starting with open-loop payment card programs before scaling the pilot into other benefit-program areas. Since open-loop cards act like credit or debit cards and can be used anywhere, it’s tougher to spot what counts as normal spending versus fraud. They’re also more vulnerable to skimming, identity…
OpenAI chief executive Sam Altman says teen safety will take precedence over privacy and freedom in the use of artificial intelligence, just as US regulators intensify scrutiny of how chatbot firms handle sensitive data. In a new public essay, Altman says OpenAI is built on three often-conflicting principles: privacy, freedom, and teen safety. He says AI conversations deserve the same level of legal protection as medical or legal consultations, but acknowledges exceptions when serious harm is at stake. Altman also says that the firm will advocate for the right to privacy in the use of AI with policymakers. “It is…
Raymond James is placing a fresh bet on CoreWeave (CRWV), telling clients the cloud upstart sits at the heart of a historic wave of artificial intelligence spending. In new coverage, the brokerage, which oversees more than $1.6 trillion in client assets, argues that Wall Street estimates on AI CapEx “appear too low versus our bottom-up build expectations,” reports Barron’s. Raymond James analysts say Wall Street expects $550 billion in AI spending by 2028 from Amazon, Google, Meta Platforms, Microsoft, CoreWeave, and Oracle, but they project the figure will reach $900 billion. They say CRWV is poised to capture a meaningful…
US tech giants and other firms are committing tens of billions of dollars to AI and digital infrastructure projects in the United Kingdom. Led by Microsoft, OpenAI, Nvidia and Alphabet, US companies are pledging more than £31 billion ($42.3 billion) to push the AI initiative, reports Bloomberg. Microsoft says it will invest $30 billion over four years, its largest financial commitment to Britain. The package includes construction of a supercomputer powered by more than 23,000 GPUs at Nscale’s AI campus near London. OpenAI is anchoring a $500 billion Stargate project with up to 60,000 Nvidia chips for UK operations. Initial…
Banking giant Barclays is flagging a sharp split beneath record equity indexes, warning that artificial-intelligence fervor is stoking risky pockets of speculation. Analysts at the bank say the surface-level calm in the S&P 500 hides a very different reality, noting that individual stocks paint a volatile picture, reports Investing.com. Barclays says it is keeping an eye on the three-month realized single-stock volatility, which serves as a proxy for the 50 largest companies in the S&P 500. According to the strategists, the metric is “historically elevated” against index-level movements. The bank adds that over the past two months, the spread has…
Brookfield Asset Management is betting heavily on AI, calling it a defining investment theme of the decade. In an interview with Bloomberg, Connor Teskey, the president of the trillion-dollar asset manager, says AI is now a core theme across Brookfield’s global platform, spanning multiple segments. He says the scale of growth ahead requires long-term funding capacity that only large private investment groups can deliver. “AI is a major theme across all of Brookfield. It’s driving our power business. It’s driving our digital infrastructure business. We’re using AI to drive efficiency in our operating and industrial companies. But without a doubt,…
Broadcom is drawing fresh institutional investor enthusiasm as demand is expected to shift in the artificial intelligence chip race. Analysts at Macquarie Equity Research launched coverage with an Outperform rating, citing the company’s dominance in application-specific integrated circuits (ASICs), reports Barron’s. Broadcom, a California-based chipmaker, holds roughly three-quarters of the ASIC market. Analysts Arthur Lai and Paul Golding note that while Nvidia GPUs have been the undisputed leader in AI computing, demand for ASIC chips is projected to explode as more firms move beyond AI training and into workload execution. “While ASIC requires longer design cycles and significant up-front investment,…
Fundstrat’s head of research, Tom Lee, says the Federal Reserve’s next move could unleash a powerful rally across crypto and tech stocks, including the AI trade. In a new CNBC interview, Lee says the bull cycle remains intact and the artificial intelligence trade has more room to run to the upside. The veteran strategist frames the moment as mid-cycle for the bull market, comparing it to past episodes when the Fed took a long pause before easing. He pointed to September 1998 and September 2024 as playbooks for what could unfold when policymakers cut rates after long pauses. “So I’m…