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The Latest Breaking News from Fortune

AI doesn’t end scarcity. It relocates it

While executives optimize what AI makes abundant, value is migrating to scarcities they don’t measure and, increasingly, no longer control.

Fortune

'The demographic dividend of the last 40 years is ending': JPMorgan says the world is running out of the two things that kept interest rates down

"The demographic dividend that characterized the last 40 years is ending," the J.P. Morgan note reads.

Fortune

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

For nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan company a fresh growth story.

Fortune

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European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia's tourism market

Why Omio is betting on trains and buses—and not planes—to crack Asia's travel boom

Fortune

'You just hired a million bad employees': How the brief tokenmaxxing era delivered the opposite of what it promised

One exec privately estimated that token spend went from $20k in December to $1 million in July. "We're not throttling back, we don't want people to stop using it."

Fortune

Hopes for key crypto bill fade amid delays, Trump ethics controversy

The CLARITY Act has been kicked down the road once again, and could be a casualty of mid-term politics.

Fortune

AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agents

Speaking at AMD Advanced AI conference, the chip giant's CEO weighed in on the open source debate—and showcased its latest hardware offerings.

Fortune

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AI is forcing Big Tech to do something it's never done: Spend more than it earns, and Wall Street hates it

The Mag7 had its worst day Thursday since the tariff-driven selloff last April.

Fortune

Innovaccer’s CEO walked away from Disney and NASA to fix healthcare’s data mess. Now the startup has crossed $200 million in ARR

The company connects hospitals’ electronic health records and insurance claims systems, positioning itself as the infrastructure layer beneath the healthcare AI boom.

Fortune

Coke on its rebrand accidentally nailing Gen Z's 'fridge cigarette' joke: 'building on on the things people already know and love'

"A font isn't a brand," says Metaforce consultant Allen Adamson. Meanwhile, Gen Z is letting the memes fly.

Fortune

Can Bangkok future-proof itself against the heat?

As Bangkok heats up, the government's test will be planning ahead—not reacting—to protect the city's economy and workforce.

Fortune

‘Call us whatever the hell you want’: Mark Zuckerberg just launched an AI optimism blitz using nostalgia to sell Meta’s AI future amid backlash

Marketing experts say Meta invokes Facebook-era optimism while leaving recent AI lawsuits and product backlash unaddressed.

Fortune

Saudi Arabia takes center stage as oil hits $100 and the Iran war escalates amid Houthi attacks and nuclear expansion

The Iran war is spreading from sea to sea as attacks erupt in the Bab el-Mandeb Strait.

Fortune

Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model

Multiple cyber firms agree: bots outnumber humans online, challenging advertising, analytics and security systems designed around human visitors.

Fortune

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Fortune

OpenAI debuts ChatGPT Voice so you can have ongoing conversations, ask the AI to complete tasks while hands-free

OpenAI is leaning into voice technology, viewing it as a competitive advantage in a crowded field of AI model makers.

Fortune

The Miami Heat, LeBron James, and prediction markets: How a ‘mistake’ social media post turbocharged a $245 million wager

“There’s a market for everything, and I think people have recognized that there’s a market for everything,” Georgetown’s Marty Conway told Fortune.

Fortune

Elon Musk says OpenAI, Anthropic, and rival labs should review frontier AI models before release, with government intervention as a last resort

The SpaceX CEO said he would set aside his differences with OpenAI CEO Sam Altman “for the good of the world.”

Fortune

AI labs have a trust problem, and the Hugging Face hack just proved it

OpenAI's AI hacked a rival company. But after years of doom from frontier labs, plenty of people assumed it was just marketing.

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Fortune

The Trump administration is revamping the era of the ‘gentleman scientist.’ It’ll cost $200 billion

Can AI be the partner Darwin always dreamed of?

Fortune

Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC

The Amazon founder worth $267 billion may chip in for a minority purchase of the British soccer team, while a wave of U.S. billionaires buy up clubs abroad.

Fortune

Trump dismisses affordability as a ‘word made up by the Democrats’ while predicting oil will come ‘tumbling down.’ (It’s at $100 per barrel)

At his rally, Trump admitted, “You may be paying a little bit more,” and pleaded for more time, while saying the Iranians “break every deal they make.”

Fortune

Despite Tokyo's push for a 4-day week for better work-life balance, Japan’s prime minister boasts sleeping just ‘zero to three’ hours a night

As workers push for better work-life balance and four-day workweeks, Japanese Prime Minister Sanae Takaichi is moving in the opposite direction.

Fortune

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it’s still worse somehow

“Japan’s debt dynamics are fundamentally different from those of the United States … Japan is the world’s largest creditor nation. The U.S. is the world’s largest debtor.”

Fortune

All hail London—whatever the U.K.’s new Prime Minister says

Andy Burnham does not have long to wait. If he wants to make a real economic difference, he should focus on the U.K.'s greatest asset: a globally significant city whose scale is its superpower.

Fortune

MoonPay launches universal AI shopping wallet for non-technical Claude and ChatGPT consumers

PayBox lets users instruct Claude or ChatGPT agents to make purchases within the platform with no need for coding or a special screen.

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