Fortune
@fortune.com
đ€ 21828
đ„ 23
đ 5306
The best of business since 1930.
California-based Span, in partnership with Nvidia, has deployed prototype data center ânodesâ in Northern California.
https://bit.ly/4eQA1s4
loading . . .
Startups are installing tiny data centers in peopleâs homes to reduce strain on the beleaguered electrical grid | Fortune
Span, in partnership with Nvidia and PulteGroup, uses homesâ underutilized electrical capacity in computer processing.
https://bit.ly/4eQA1s4
about 6 hours ago
0
1
2
Bonds sold off sharply around the world on Friday as investors braced for persistently elevated inflation amid the ongoing energy crisis.
https://bit.ly/4uhG4e2
loading . . .
Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay | Fortune
On Wednesday, the Treasury Department sold $25 billion of 30-year bonds at a 5% yield for the first time since 2007.
https://bit.ly/4uhG4e2
about 6 hours ago
2
3
6
California Gov. Gavin Newsom blasted President Donald Trump and his policies, including in his budget presentation a photo depicting the president and Treasury Secretary Scott Bessent as characters in the movie âDumb and Dumber.â
https://bit.ly/42z0F1h
loading . . .
Gavin Newsom blasts Trump and Bessent as 'dumb and dumber' while unveiling $350 billion state budget | Fortune
Trump âdoesnât particularly give a damn about the financial situation of the average American," Newsom said.
https://bit.ly/42z0F1h
about 7 hours ago
0
4
1
The five fastest-growing cities in the United States are all in Texas, according to new Census Bureau data.
https://bit.ly/4fuEC38
loading . . .
The new American Dream doesn't live in a big city. It lives in Celina, Texas | Fortune
The Census Bureau's latest data make it official: the fastest-growing places in America are small exurban cities ringing Dallas and Houston.
https://bit.ly/4fuEC38
about 7 hours ago
0
0
0
Everyone from Washington, D.C. to Washington state knows that President Trump wants lower interest ratesâbut the argument for cutting is only getting more difficult to sell.
https://bit.ly/48Yby0c
loading . . .
Dominoes are steadily falling in the path of the rate cuts Trump wants to see from Kevin Warsh | Fortune
"In his confirmation hearing, Warsh testified that 'inflation is a choice.' He may get the chance to prove he actually believes it."
https://bit.ly/48Yby0c
about 8 hours ago
0
3
1
A federal jury has awarded $49.5 million to the family of a 24-year-old global nonprofit worker killed in the 2019 crash of a Boeing 737 Max jet.
https://bit.ly/4dpG58x
loading . . .
Jury awards $49.5 million to family of 24-year-old who died in Boeing 737 Max crash in 2019 | Fortune
It is the second verdict tied to the crash. Boeing has reached confidential pre-trial settlements in most of the dozens of wrongful death lawsuits.
https://bit.ly/4dpG58x
about 8 hours ago
0
1
0
CIA Director John Ratcliffe met with Cuban officials including RaĂșl Castroâs grandson during a high-level visit to the island Thursday, Cuban and U.S. officials said.
https://bit.ly/4dnoJsH
loading . . .
CIA director traveled to Cuba and met with Raul Castro's grandson, officials confirm | Fortune
Ratcliffe was there "to personally deliver" Trumpâs message that the U.S. is prepared to seriously engage "if Cuba makes fundamental changes."
https://bit.ly/4dnoJsH
about 9 hours ago
0
1
0
Pope Leo XIV on Thursday denounced how investments in artificial intelligence and high-tech weaponry were leading the world into a âspiral of annihilation".
https://bit.ly/4tHzkVJ
loading . . .
Pope Leo warns of 'spiral of annihilation' as AI warfare leads to symphony of destruction | Fortune
Leo called for peace in the Middle East and Ukraine during a visit to Europeâs largest university, Romeâs La Sapienza.
https://bit.ly/4tHzkVJ
about 9 hours ago
0
11
4
71% of U.S. adults oppose the construction of an AI data center in their local area, while only 53% opposed a nuclear energy plant, per a Gallup survey.
https://bit.ly/4ww0zFj
loading . . .
Americans would rather live near a nuclear power plant than a data center | Fortune
Some people surveyed pointed to a fear of AI, while others cited growing concerns of noise and water pollution.
https://bit.ly/4ww0zFj
about 10 hours ago
1
3
0
âThis continues to be a major economic shock, one of honestly an existential nature,â said Economy Minister Amer Bisat.
https://bit.ly/4dLypyB
loading . . .
Lebanon's economy minister on the 'existential nature' of the Iran War shock: companies closing, people losing jobs, no tourism | Fortune
Since 2019, the tiny Mediterranean country has been in the throes of an economic crisis that pulverized the value of its currency and its banking system.
https://bit.ly/4dLypyB
about 10 hours ago
0
1
0
OpenAI is reportedly considering taking legal action against the iPhone maker over Appleâs integration of OpenAIâs ChatGPT chatbot within its Siri virtual assistant.
https://bit.ly/4383F4L
loading . . .
Fortune Tech: OpenAI vs. Apple, Americans vs. AI data centers, Mythos cracks Mac | Fortune
Plus: Cerebras, Ford, Meta, Motorola, North Korea, xAI, and Trevor Noah at Fortune Brainstorm Tech.
https://bit.ly/4383F4L
about 11 hours ago
0
1
1
Jensen Huang is trying some of Beijingâs delicacies â the good, and others which may be more of an acquired taste.
https://bit.ly/4dmquX7
loading . . .
'It's so good': Jensen Huang enjoys Beijing delicacies on trip with Trump | Fortune
He liked the zhajiangmian noodles but videos of him wincing at the sour douzhiâer drink were trending on Weibo.
https://bit.ly/4dmquX7
about 11 hours ago
0
1
0
In 2024, Cerebras filed to go public. Yesterday, Cerebras hit the public marketsâand its first day stock pop certainly reflected Nvidia-mania, with shares rocketing 70% by market close.
https://bit.ly/43eITAo
loading . . .
Cerebras soars almost 70% by market close in a true blockbuster IPO | Fortune
Cerebrasâs first day stock pop reflected clip-mania: shares rocketed 70% by market close.
https://bit.ly/43eITAo
about 12 hours ago
0
0
0
Democratic leaders, desperate to compete in red states, are embracing something new this midterm season: not backing Democrats.
https://bit.ly/3PEGw6W
loading . . .
Democrats are looking for conservative versions of Bernie Sanders in states like Nebraska and Alaska | Fortune
https://bit.ly/3PEGw6W
about 12 hours ago
0
0
0
State Farm just launched its âNext Gen Good Neighborâ offering, an AI-powered tool that makes it easier for customers to file claims. Read more of the
#CEODaily
newsletter:
https://bit.ly/4uOZaI8
loading . . .
State Farm CEO is betting big on AIâand contemplating the company's future in California | Fortune
Also: All the news and watercooler chat from Fortune.
https://bit.ly/4uOZaI8
about 13 hours ago
0
0
0
In 2004, Petaluma Creamery shut down after 91 years of continuous operation. Larry Peter came down to buy a cream separator and ended up buying the whole facility. He built it into something extraordinary.
https://bit.ly/4uTWclS
loading . . .
AI agents are saving California's favorite cheese. Here's how Salesforce brought Petaluma Creamery back from the dead | Fortune
When the pandemic pushed a 113-year-old California institution to the brink of collapse, Larry Peter called his cousin.
https://bit.ly/4uTWclS
about 14 hours ago
0
0
0
âYou have to have delusional amounts of belief and faith to dream beyond your wildest dreams,â said Queen Latifah in a commencement speech at North Carolina A&T State University.
https://bit.ly/42G0XTY
loading . . .
'Be delusional enough to call yourself something the world hasn't called you yet': What powerful women told the class of 2026 | Fortune
From Queen Latifah to Nancy Pelosi, this year's commencement speakers had a clear message for graduates entering the worst entry-level job market in years: The rules have changed.
https://bit.ly/42G0XTY
about 14 hours ago
0
0
1
âI hear a lot of employees being like âHey, weâre really worried about the environmental impacts of using AI in our work, so how do we use more responsibly?ââ said Sasha Luccioni, cofounder of Sustainable AI Group.
https://bit.ly/3RaoD0o
loading . . .
AIâs climate conversation didnât disappear â it got drowned out by the compute race. | Fortune
From water-hungry cooling systems to soaring energy demands, the AI boom is reviving sustainability concerns that many thought had faded from the conversation.
https://bit.ly/3RaoD0o
about 15 hours ago
0
0
0
âThe Strait of Hormuz is the most important shipping channel for the export of urea fertilizer in the world,â said Yara chief executive, Svein Tore Holsether. Read more of Kamal Ahmed's Letter from London:
https://bit.ly/439h0d4
loading . . .
Yara CEO says there is only one way to respond to the crisis in the Gulf: do everything better | Fortune
As Hormuz tensions test supply chains, Yara International CEO Svein Tore Holsether turns disruption into advantage
https://bit.ly/439h0d4
about 15 hours ago
0
0
1
Anthropicâs Claude is telling people to go to sleep and users canât figure out why.
https://bit.ly/3Pg9ji5
loading . . .
Claude is telling users to go to sleep mid-session and nobody, including Anthropic, seems to fully understand why it keeps doing it | Fortune
A staff member at Anthropic called the behavior, a âbit of a character tic.â
https://bit.ly/3Pg9ji5
about 16 hours ago
0
1
1
"In the past nine months, the United States has produced more AI legislation than in the prior decade," write Jeff Sonnenfeld, Gary Marcus, and Stephen Henriques in a commentary piece for Fortune. "No clear path forward has emerged at any level."
https://bit.ly/4tzBeYg
loading . . .
The U.S. has 1,200 AI bills and no good test for any of them | Fortune
Yale's Jeffrey Sonnenfeld and Stephen Henriques and NYU's Gary Marcus offer a method for separating necessary AI regulation from legislative noise.
https://bit.ly/4tzBeYg
about 16 hours ago
0
0
1
âWe have been operating within India for a long time, so we know the market and how difficult it feels,â said Singapore Airlines CEO Goh Choon Pong.
https://bit.ly/3PmFpZy
loading . . .
Singapore Airlines defends its decision to invest in loss-making Air India: 'We know the market and how difficult it feels' | Fortune
SIA reported a 57.4% drop in FY2025 net income to $927 million. Profits were partially eroded by losses from the airline's investment in Air India.
https://bit.ly/3PmFpZy
about 17 hours ago
0
0
0
âBetween the energy, the physical infrastructure, the data centers, the reindustrializationâsomething very powerful [is] happening,â said Jon Gray, president and COO at Blackstone.
https://bit.ly/4wNnign
loading . . .
Blackstone COO Jon Gray predicts âhuge boomâ in blue-collar jobsâhis own data center company is hiring 30,000 new roles | Fortune
As AI threatens office jobs, Blackstoneâs COO says itâs also creating thousands of high-paying trades jobs.
https://bit.ly/4wNnign
1 day ago
2
1
0
âOne year into the Trump administrationâs campaign against nonprofits, these organizations are facing enormous and unprecedented pressures,â Center for Effective Philanthropy Vice President Elisha Smith Arrillaga said.
https://bit.ly/49ICpgP
loading . . .
Nonprofit CEOs say Trumpâs economy is driving surging demandâand they're pushed to the brink | Fortune
A new Center for Effective Philanthropy report finds nonprofits are facing higher need, tighter funding, staff cuts, and worsening burnout.
https://bit.ly/49ICpgP
1 day ago
0
3
3
PayPal will waive $30 million in processing fees for $1 billion in small business transactions as part of a new settlement with the Department of Justice (DOJ) signed on May 12.
https://bit.ly/4dnmqG7
loading . . .
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses | Fortune
The agreement comes just one month after IBM agreed to pay $17 million in damages to the DOJ over its DEI programming.
https://bit.ly/4dnmqG7
1 day ago
0
1
3
More than half of U.S. workers â 53%, according to a new Glassdoor poll of over 1,300 professionals â say they have paused their job search entirely to protect their mental health.
https://bit.ly/4dqgAnB
loading . . .
Burned out and going nowhere: the American worker is too mentally drained to even look for a new job | Fortune
In a low-hire, low-fire labor market with almost nowhere to go, job search burnout isn't just emotional â it's rational.
https://bit.ly/4dqgAnB
1 day ago
0
1
2
Panthalassa, a U.S.-based start up betting on ocean waves to power a fleet of floating data centers, announced $140 million in funding earlier this month led by Peter Thiel.
https://bit.ly/3R5hFtv
loading . . .
Peter Thiel is leading investment in an ocean data center powered by wavesâand the startup is reportedly worth $1 billion | Fortune
âExtra-terrestrial solutions are no longer science fiction,â Thiel said.
https://bit.ly/3R5hFtv
1 day ago
1
1
1
Meta will receive $3.3 billion in tax breaks to build a data center in Louisiana, according to a Sherwood News analysisâ enough money to fund the entire stateâs police budget for more than seven years, according to the report.
https://bit.ly/4ubtr3Y
loading . . .
Meta's $10 billion Louisiana data center is getting $3.3 billion in tax breaksâmore than seven years of the state's entire police budget | Fortune
States are awarding more than $5.6 billion annually to data center developers, and thatâs a conservative estimate.
https://bit.ly/4ubtr3Y
1 day ago
1
2
1
Senators unanimously approved a resolution Thursday to withhold their pay during government shutdowns.
https://bit.ly/3RGecl9
loading . . .
Senators are 'putting our money where our mouth is' and approve withholding their pay during government shutdowns | Fortune
Shutting down the government should not be the default, said Louisiana Sen. John Kennedy, who sponsored the bill.
https://bit.ly/3RGecl9
1 day ago
0
0
0
Kevin Warsh, a former top Fed official, was confirmed Wednesday in a largely party-line 54-45 vote and will replace Jerome Powell as chair at an unusually difficult time for the independent agency.
https://bit.ly/3OYEsqg
loading . . .
Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren's 'sock puppet' criticism | Fortune
Every Republican voted for Warsh on Wednesday, as did Democratic Sen. John Fetterman of Pennsylvania.
https://bit.ly/3OYEsqg
1 day ago
0
0
0
Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office, or shortly before.
https://bit.ly/4eO0xSL
loading . . .
Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in | Fortune
https://bit.ly/4eO0xSL
1 day ago
0
2
0
One of Europeâs central banks announces that it is moving its essential cloud services away from the tried and trusted U.S. giants of Google, Amazon, and Microsoft to a company more famous for selling bargain groceries. Read more of Kamal Ahmed's Letter from London:
https://bit.ly/4eMc0SO
loading . . .
A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? Itâs not with them | Fortune
Originally built to support the retail business, Schwartz Digits is now a trusted provider of secure data services to European businesses and governments.
https://bit.ly/4eMc0SO
1 day ago
0
5
1
Efforts to unseat British Prime Minister Keir Starmer broke out into open rebellion Thursday, with one potential rival resigning from the Cabinet and another clearing the way for her to enter any future leadership contest.
https://bit.ly/4dHYtuv
loading . . .
Starmer sees open rebellion break out, challenge incoming from former Health Secretary | Fortune
https://bit.ly/4dHYtuv
1 day ago
0
1
0
Chinaâs Xi Jinping warned President Donald Trump on Thursday that their two countries could clash over Taiwan if the issue was not handled properly.
https://bit.ly/4uR27bq
loading . . .
Trump tells Xi, 'Itâs an honor to be your friend.' Xi responds by talking about Taiwan | Fortune
Xi asked âwhether the two countries can transcend the âThucydides Trapâ and forge a new model for relations between major powers.â
https://bit.ly/4uR27bq
1 day ago
0
0
0
âNothing made growing wealth seem accessible or human,â zillennial finance content creator Haley Sacks (better known as Mrs. Dow Jones) said. âI really wanted to find the BeyoncĂ© of finance, and I couldnât.â
https://bit.ly/4d8pWFz
loading . . .
Mrs. Dow Jones on what women get wrong about money | Fortune
Haley Sacks, the creator behind Mrs. Dow Jones, says the personal finance advice aimed at women is built for an economy that no longer existsâand her new book Future Rich Person lays out what to do in...
https://bit.ly/4d8pWFz
1 day ago
0
0
0
Cerebras Systems Inc. shares surged more than 100% above their IPO price when trading opened Thursday, in a blockbuster debut that underscored investorsâ intense appetite for AI infrastructure companies.
https://bit.ly/4ualnjT
loading . . .
Cerebrasâ blockbuster debut shows the AI infrastructure boom is far from over | Fortune
The offering is one of the largest U.S. tech IPOs in years and is seen as a wider stress test for a wave of AI listings Wall Street is bracing for later in the year.
https://bit.ly/4ualnjT
1 day ago
0
0
0
Instead of trying to catch candidates out with a trick question or quizzing them on the latest iPhone, Steve Jobs wanted to know something much simpler: Would he actually enjoy grabbing a beer with them?
https://bit.ly/4wyzBNm
loading . . .
Steve Jobs had a 'beer test' he used for interviews at Appleâif he didnât want to drink with you, you didnât get the job | Fortune
Steve Jobsâ hiring test at Apple had nothing to do with your rĂ©sumĂ©. He wanted to know if heâd actually grab a beer with you.
https://bit.ly/4wyzBNm
1 day ago
0
1
0
The U.S. has run into recessions with a messy fiscal situation before, but never this bad, according to Apollo chief economist Torsten Slok.
https://bit.ly/4ubUV9C
loading . . .
Top economist says $39 trillion national debt leaves government worse prepared for recession than ever | Fortune
The Fedâs hands would be tied in the case of a downturn.
https://bit.ly/4ubUV9C
1 day ago
0
2
1
Globally, CFO hiring is starting to cool. But CFO retirement is fueling turnover.
https://bit.ly/4tDwaSK
loading . . .
Companies want battle-tested CFOs. There aren't enough of them | Fortune
CFO retirements are surging, experienced replacements are scarce, and interim appointments are at an all-time high, new research finds.
https://bit.ly/4tDwaSK
1 day ago
0
0
0
Cisco's shares jumped upwards of 19% to $122 in after-hours trading Wednesday after the San Jose networking icon posted its third-quarter earnings report.
https://bit.ly/4uRSx8e
loading . . .
Fortune Tech: Cisco stock soars, SoftBank sniffs Cerebras, Altmanâs investments | Fortune
Plus: Amazon, Grimes at Brainstorm Tech, Kakaku, Instagram, LinkedIn, Microsoft, TikTok, xAI.
https://bit.ly/4uRSx8e
1 day ago
0
0
0
The Clarity Act, a landmark bill that would create a U.S. regulatory framework for the crypto industry, is set to undergo a Senate committee markup starting Thursday.
https://bit.ly/4nquESu
loading . . .
The crypto industryâs Clarity Act hits a critical juncture: Where things stand going into Senate markup | Fortune
A key banking committee reached a deal on stablecoin yield, but ethics conflicts remain
https://bit.ly/4nquESu
1 day ago
0
0
0
Software-as-a-service company HubSpot says 100% of engineers are using AI in their workflows, which the company notes has resulted in a 73% increase in the lines of code updated by its engineers.
https://bit.ly/4u9yMsu
loading . . .
How HubSpot got all engineers to use AI without any mandates | Fortune
By avoiding mandates and proving measurable results, HubSpot says 94% of all employees now use AI.
https://bit.ly/4u9yMsu
1 day ago
1
0
0
624,915 new companies registered in a single monthâan all-time highâ according to a new business formations report.
https://bit.ly/4uR0ydy
loading . . .
Business formations hit all-time high as âunder-employedâ Americans turn to side hustles to make ends meet | Fortune
It seems nobody's coming to rescue American families from an affordability crisisâso they're taking it into their own hands.
https://bit.ly/4uR0ydy
1 day ago
0
0
0
"Washington seems to be addicted to deficit financing and the accumulation of an ever-increasing mountain of debt," writes Steve Hanke and David Walker in a commentary piece for Fortune.
bit.ly/43btLUo
loading . . .
The deficit just grew by $955 billion in 7 months. It's time for a constitutional fix to control the budget | Fortune
Interest payments just hit $628 billion. Decades of failed congressional fixes prove that only a constitutional amendment can break Washington's addiction.
https://bit.ly/43btLUo
1 day ago
1
3
1
"I thought that what we needed [was] to have something working like a lighthouse, in order that all the people could turn their eyes to Paris," said Maurice Lévy, who led Publicis for thirty years. Read more of Kamal Ahmed's Letter from London:
https://bit.ly/4dn4mfb
loading . . .
âI had to turn down President Obamaâ | Fortune
Publicisâ Maurice LĂ©vy reveals why ânot having a planâ was the only way to launch VivaTech, Europeâs biggest tech conference.
https://bit.ly/4dn4mfb
1 day ago
0
0
0
Defense startup Furientis emerged from stealth with $5 million in pre-seed funding, Fortune learned exclusively.
https://bit.ly/4wtWhhy
loading . . .
Exclusive: 'We're spending millions to stop threats that cost thousandsâ: Startup Furientis wants to build missiles like IKEA furniture | Fortune
The novel defense startup just raised a $5 million pre-seed round.
https://bit.ly/4wtWhhy
1 day ago
0
0
0
About 70,000 Americans died of drug overdoses last year â about 14% fewer than the previous year, according to preliminary government data.
https://bit.ly/4ubRmAs
loading . . .
American overdose deaths decline for third straight year to 2019 levels | Fortune
âIâm cautiously optimistic that this represents really a fundamental change in the arc of the overdose crisis,â said Brandon Marshall of Brown University.
https://bit.ly/4ubRmAs
2 days ago
0
2
0
In the first week of May, two data center developments, one in Arizona and another in Georgia, were caught taking public water without authorization.
https://bit.ly/3PC4boA
loading . . .
America's data centers are thirsty. Rural towns are paying the priceâfrom tanked water pressure to stolen desert groundwater | Fortune
Residents in different states were curious why their water was being diverted to data centers instead of their homes in water-fraught communities.
https://bit.ly/3PC4boA
2 days ago
0
2
4
Anthropic has released new findings on why its Claude bot blackmailed users as part of an experiment conducted by the AI company last yearâand Elon Musk is jumping in to take some of the blame.
https://bit.ly/42ytQBp
loading . . .
âMaybe me tooâ: Elon Musk accepts some of the blame for Claude learning to blackmail users from âevilâ online AI stories | Fortune
Anthropic recently released a report saying it had solved Claudeâs âagentic misalignment,â or the botâs behaviors that deviated from humansâ best interests.
https://bit.ly/42ytQBp
2 days ago
1
0
0
David Venturella, a former executive at a private prison operator, will serve as the acting head of U.S. Immigration and Customs Enforcement after the agencyâs current leader steps down at the end of the month.
https://bit.ly/3RmjZMC
loading . . .
White House names former prison executive to become ICE acting leader | Fortune
Todd Lyons had been working with ICE since 2023 to oversee detention contracts.
https://bit.ly/3RmjZMC
2 days ago
0
1
5
Load more
feeds!
log in