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Fortune

Jim Edwards

OpenAI CFO reportedly at odds with Sam Altman over missed revenue target—even as AI capex is set to hit $660 billion

OpenAI

(Credit: Photographer: Kyle Grillot/Bloomberg)

**Good morning. On Fortune’s radar today:**

OpenAI missed its targets for revenue.
Inside Meta’s Manus fiasco: “Killing the chicken to scare the monkeys.”
AI capex will hit $660 billion this year.
Markets: New record highs but oil is $111.
🚢 A tanker escaped from the Strait of Hormuz.
Moving house is now a “luxury good.”

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