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The Latest Breaking News from Fortune

Billions spent, zero returns: The leadership gap derailing AI’s big bet

We're asking leaders to drive massive change without equipping them to do it successfully. The math is brutal.

Fortune

Trust is the missing—and essential link—in putting gen AI to work

The companies that are getting real results out of gen AI also have established a lot of trust internally.

Fortune

Upgrade found a way to avoid the neobank meltdown—and just raised $165 million en route to an IPO

The fintech is thriving thanks to a business strategy that revolves around diverse product offerings that range from home renovation loans to credit card refinancing.

Fortune

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Europe's defence wake-up call: why innovation can't wait

The continent faces a critical choice: continue relying on legacy defence contractors or rapidly embrace the technological revolution reshaping warfare.

Fortune

Don’t fear the AI bubble, it’s about to unlock an $8 trillion opportunity, Goldman Sachs says

“Anticipated investment levels are sustainable, although the ultimate AI winners remain less clear,” Goldman says.

Fortune

The $9 trillion ‘sideways succession’ of women inheriting money has begun—but 93% say they don’t need the cash and are building their own financial independence

Three in four women say they’re well on track to achieve their financial milestones without receiving any inheritance from family or spouses.

Fortune

The AI investing boom gets its posterboy: Meet Leopold Aschenbrenner

Sharon Goldman’s profile of Leopold Aschenbrenner is a remarkable story in its own right.

Fortune

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As America pulls back, global families step in

Family offices are stepping in with a mission-driven focus, patient capital, and long-term vision to sustain momentum where it matters most.

Fortune

Gen Z's misery is real: Most workers in this economy lack a voice and are stuck in low-quality jobs, a massive Gates-backed study finds

"We've seen, really, a rising tide of unhappiness, loneliness, isolation, anxiety, stress, and worry," Stephanie Marken of Gallup told Fortune.

Fortune

This exec says resisting FOMO is a major challenge in the AI age: ‘Stay focused on the human being’

Executives from Brilliant Earth, Grindr, and Braze agree: Trying to innovate just for the sake of it can do more harm than good.

Fortune

Logitech CEO Hanneke Faber says she would consider adding an AI agent to her board of directors

Also: All the news and watercooler chat from Fortune.

Fortune

Gen X Pinterest exec was raised in the Bronx: Now, he lives in the center of LA, eats out 50% of the week, and tracks his brainwaves while meditating

Pinterest’s chief content officer Malik Ducard worked at Google, YouTube, and even Hollywood before forging partnerships with Emma Chamberlin and Colman Domingo in his C-suite role at Pinterest.

Fortune

How Palantir’s CEO forged a connection with investors by writing spicy shareholder letters that quote philosophers and skewer ‘technocratic elites’

The eccentric CEO explains in an interview his thinking behind the shareholder letters he’s been writing over the past three years that almost read like journal entries.

Fortune

Bloom Energy’s stock is up 1,000% in a year because its fuel cells are solving AI’s data center power problem

Bloom Energy’s market cap has spiked by over 10 times in a year as the data center boom takes off and big deals are announced.

Fortune

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Fortune

DBS CEO Tan Su Shan’s one big lesson for getting through Trump’s tariffs: ‘Diversify’

DBS CEO Tan Su Shan says the tariffs are bringing together once-estranged trading partners.

Fortune

MacKenzie Scott triples down on DEI with $40 million donation to African American Cultural Heritage Action Fund

In 2021, the billionaire donated $20 million to the same organization, dedicated to preserving U.S. sites associated with Black history.

Fortune

Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon

The Pentagon is slowly moving from manually inputting intelligence to AI-fueled solutions.

Fortune

Morgan Stanley posts biggest earnings beat in nearly 5 years with record quarterly revenue of $18.2 billion, shares up 4.7%

In a strong week for Wall Street banks, CEO Ted Pick said: “The capital markets flywheel is taking hold.”

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news in one place.

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Fortune

Mark Cuban warns that OpenAI’s new plan to allow adults-only erotica in ChatGPT could ‘backfire. Hard’

“No parent is going to trust that their kids can’t get through your age gating,” Cuban wrote on X.

Fortune

The CEO behind Abercrombie & Fitch’s turnaround says the retailer isn’t chasing ‘cool’

The CEO has lined up the NFL and Macy’s as partners to keep its momentum going.

Fortune

Why Michelle Obama’s stylist invested in an LVMH-backed AI styling platform: ‘It was a no-brainer’

Celebrity stylist Meredith Koop says the “brilliant” mind behind LVMH-backed AI stylist Alta, Jenny Wang, sold her on investing in the technology.

Fortune

Washington, D.C., Mayor Muriel Bowser says fear of ICE is disrupting business: ‘People aren’t going to work’

D.C.’s mayor says the city is still on edge amid National Guard deployments, immigration sweeps, and a shrinking federal footprint.

Fortune

How Akamai’s CIO balances enthusiasm and concerns about AI technology

Akamai Technologies CIO Kate Prouty says the company's workers have a voracious appetite for AI. But she isn't yet completely sold on the technology's promised benefits.

Fortune

The CEO of corporate credit card unicorn Ramp says the company's counterintuitive secret to success is helping customers spend less

"What if actually we wanted the same things as our customers, and what if our goal was," Glyman told Fortune, "actually just help them spend less?"

Fortune

AI trading is flooding Wall Street—and fueling a 1.2 trillion-message trading surge, NYSE president says

There are threefold more trades on Wall Street versus just four years ago, the head of the stock exchange, Lynn Martin, told Fortune.

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