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The Latest Breaking News from Fortune

‘I felt a little useless, and it was sad’: Sam Altman feels obsolete using his own AI tools—and he’s not the only one

“I am sure we will figure out much better and more interesting ways to spend our time,” the OpenAI CEO said. “But I am feeling nostalgic for the present.”

Fortune

Trump may have shot himself in the foot at the Fed, as Powell could stay on while Miran resigns from White House post

The Democrat roadblock was expected but “raises the prospect of Chair Powell staying on as FOMC chair (not Board of Governors chair) beyond May,” noted UBS.

Fortune

Bill Gates ‘has to answer’ for Epstein files mentions, Melinda French Gates says, weeks after record $8 billion donation in divorce settlement

“They need to answer to those things, not me,” French Gates told NPR.

Fortune

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Forcing staff back to the office is an outdated ‘factory-style’ approach, says CEO of the world’s largest workspace firm

CEOs like JPMorgan’s Jamie Dimon and Amazon’s Andy Jassy risk falling behind by clinging to rigid office rules instead of digital-first work, says IWG CEO Mark Dixon.

Fortune

How the Magnificent 7 destroyed index funds: There's nowhere to hide

As the Magnificent 7 grows more powerful, index funds and regular investors are increasingly exposed to the fortune of a handful of tech giants.

Fortune

Former Cohere execs Sara Hooker and Sudip Roy secure $50 million seed round for their new startup Adaption Labs

Hooker says she wants to “eliminate prompt engineering” with AI models that intuitively adapt to varying tasks.

Fortune

With PayPal stock down 80%, finance chief Jamie Miller steps in as interim CEO

PayPal turns to HP’s Enrique Lores as the next chief executive.

Fortune

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Kleiner Perkins’s Leigh Marie Braswell learned about risk from playing poker: “If the odds are in your favor, you push your chips to the center”

She was an early employee at Alexandr Wang’s Scale AI. Now, she’s writing checks to some of the buzziest AI startups around.

Fortune

Ken Griffin is apparently done with ‘sucking up’ to the White House

“Most CEOs just don’t want to find themselves in the business of having to, in some sense, suck up to one administration after another to succeed in running their business,” Griffin said yesterday.

Fortune

Tech stocks go into free fall as it dawns on traders that AI has the ability to cut revenues across the board

Tech companies are waking up to the fact that AI may be more likely to replace them than help them.

Fortune

Crypto crime-fighting startup TRM Labs notches $1 billion valuation with new $70 million funding round

With its blockchain analytics tools, TRM Labs helps private companies and agencies like the FBI track illicit finance.

Fortune

Ro CEO wants to erase GLP-1 stigma with first Super Bowl ad featuring Serena Williams

Also: All the news and watercooler chat from Fortune.

Fortune

Palantir CEO Alex Karp says Trump has a point about the AI race: ‘There’s a real hesitance to adopt these kind of products in the West’

Alex Karp said he sees a real “lack of adoption in Canada, Northern Europe, and in Europe in general.” It’s terrible news for politics, he added.

Fortune

Nevada legislators blast Elon Musk-owned Boring Company over safety and environmental violations

Elon Musk's tunneling startup said it was “unable to attend” the four-hour hearing in Las Vegas about violations it has racked up since 2022.

Fortune

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Fortune

Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan

The head of Amazon’s cloud business says major obstacles need to be overcome before space-based data centers are a reality.

Fortune

Levi Strauss heir Daniel Lurie helped lure the Super Bowl when Levi’s Stadium was under construction. Now he’s mayor for the $440 million windfall

A political outsider, Lurie was previously best known as an heir to the Levi Strauss family fortune and a philanthropist.

Fortune

New Disney CEO Josh D’Amaro stands to make $45 million, but he’ll also get something priceless—a ‘clean break’ with Bob Iger

Disney’s new CEO is getting something that could be a major factor in his success: clarity about who’s in charge.

Fortune

Bob Iger left Disney’s CEO post just before COVID exploded. Will his second exit be followed by a plot twist?

A veteran succession saga, a handpicked protégé, and a vague new “senior advisor” title are stoking fresh questions about how clean Disney’s latest handoff will really be.

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Fortune

New ‘Project Vault’ critical minerals stockpile is ‘first step of many’ needed for U.S. to break China’s supply chain chokehold

The new stockpile plans are compared the the 50-year-old Strategic Petroleum Reserve, created in response to the 1973 Arab oil embargo.

Fortune

Oracle defused ‘the key risk going into 2026,’ BofA argues, but the market isn’t buying it

Oracle’s statement “chips away at hyperscaler supply risks,” Bank of America said. So why did the stock start trading down on Monday? OpenAI played a part.

Fortune

Ending the world for the LOLs

It is people's devil-may-care attitude to the risk of AI agents that ought to really frighten us

Fortune

Meet the millennial YouTuber whose horror movie is beating Melania Trump at the box office

Mark Fischbach, a.k.a. Markiplier, was powered by his 38 million viewers into a box office success for "Iron Lung," earning $18.19 million in North America.

Fortune

'Immigrants are subsidizing the U.S. government': how the undocumented actually shrank the deficit by $14.5 trillion over 3 decades

Cato Institute ran the math and found that without immigrants' contributions, the national debt would be a third higher than today's $38 trillion.

Fortune

Trump hates the way wind farms look. Too bad, America’s court system says

Despite legal challenges, wind power is fighting back.

Fortune

I've studied nonviolent resistance in war zones for 20 years and Minnesota reminds me of Colombia, the Philippines and Syria

Americans are learning and doing what civilians in war zones worldwide have done for decades, while also writing their own story in the process.

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