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The Latest Breaking News from Fortune

Jensen Huang shrugs off Trump’s $100K visa fee, says Nvidia will foot the potential $147 million bill anyway: ‘Legal immigration remains essential’

Huang said the “miracle of Nvidia” wouldn’t be possible without immigration.

Fortune

How software maker Monday.com's 'AI Month' unlocked a gusher of employee-generated ideas

Monday.com's chief product and technology officer says "AI Month" events held by the software maker are inspiring employees to dream bigger when it comes to AI.

Fortune

My company 'died' three times, including a full pivot back to our roots after a $60m series B. It's the test most VC-backed startups face

Here's how our most impressive fundraise led to a return to our roots in AI infrastructure — and why founders shouldn’t fear the big pivot.

Fortune

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Jamie Dimon warns leaders not to ‘put their head in the sand’ about AI. ‘It is going to affect jobs’

Managers and leaders have to “get their mind working on how they’re gonna use this thing,” the JPMorgan Chase CEO said. “It’s kind of the tip of the iceberg.”

Fortune

Dolly Parton once turned down a song request from Elvis Presley. That was just one business decision that helped build her $650 million empire

Parton established her own publishing company in 1966, which helped her hold on to nearly all of her publishing rights.

Fortune

Billionaire investor Marc Andreessen says AI destroying jobs and making everyone poor is a 'fallacy'—and even if that did happen, prices would drop

An AI-driven productivity boom could create an era of abundance—where $100 items might soon sell for just a penny, said Andreessen Horowitz cofounder Marc Andreessen.

Fortune

Ray Dalio says investors should take inspiration from the 1970s and up their gold holdings

As gold tops $4,000, Ray Dalio urges investors to increase exposure, calling the precious metal a key diversifier amid debt concerns and global de-dollarization.

Fortune

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Deutsche Bank and Jeffrey Epstein’s ghost

Given its long history of servicing high-risk clients, it is perhaps unsurprising that Deutsche Bank stepped in when Epstein was ditched by JPMorgan.

Fortune

Raising $100 million is easier than $1 million — a tragedy for early-stage companies

I just closed a $250 million series A for a unicorn $1.35 billion valuation but I'm alarmed. Too many promising startups don't survive the “valley of death."

Fortune

American Eagle CEO defends Sydney Sweeney campaign: ‘You can’t run from fear. We stand behind what we did’

“Sydney Sweeney is worth every single dollar that we invested,” according to American Eagle chief marketing officer Craig Brommers.

Fortune

Top trends shaping the future of finance—AI, agility, and proactive leadership are in the spotlight

Building tech-fueled teams is a high priority for CFOs.

Fortune

Zelda Williams says 'stop sending me AI videos of Dad' because 'TikTok slop puppeteering' tarnishing dead people's legacies is 'not what he'd want'

Zelda Williams, 36, says AI allows for the "puppeteering" of dead celebrities like her late father.

Fortune

A world without data centers (404: your life not found)

You are always using a data center, even if you don't know it.

Fortune

Stablecoin startup Coinflow raises $25 million Series A to challenge Stripe’s payments dominance

Pantera Capital led the round, with participation from Reciprocal Ventures, Coinbase Ventures, Jump Capital, and CMT Digital.

Fortune

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Fortune

Jamie Dimon isn’t so sure the U.S. will avoid a recession next year—even if Wall Street is convinced otherwise

JPMorgan CEO Jamie Dimon says a U.S. recession could hit in 2026, a warning to markets not to get complacent despite strong GDP growth and AI optimism.

Fortune

Gold’s record price is driven by the ‘debasement trade,’ China, and fear of an AI bubble, analysts say

Gold surged past $4,000 an ounce, up 50% this year, driven by investor fears over government debt, a weaker dollar, a buying spree by China’s central bank, and concerns the AI stock boom may collapse.

Fortune

OpenAI dreams of Apple

OpenAI’s DevDay, held Monday at San Francisco’s historic Fort Mason, was exceptionally Apple-coded.

Fortune

‘Big Short’ investor Steve Eisman warns the U.S. economy is a ‘tale of two cities’ that ‘is not even growing 50 basis points outside of AI’

Eisman said if you erase AI infrastructure spending from projected U.S. GDP growth for 2025, the economic picture exposes a struggling consumer.

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Fortune

Multimillionaire serial entrepreneur cried the first time she made 'real money'—but not in a good way: 'Wealth doesn’t erase your problems. It magnifies them'

Emily Lyons said commas in her bank account didn’t help her feel relieved, but rather scared of losing all she had gained.

Fortune

Gen Z can’t afford to date—but Grindr CEO says the real problem is how apps have monetized romance

From ‘throning’ and ‘sprinkle sprinkle’ to no money for dates: Grindr CEO debunks dating trends, exclusively in Fortune

Fortune

More CEOs demand 'moonshot' pay—billions in compensation for aggressive, seemingly impossible targets

Also: All the news and watercooler chat from Fortune.

Fortune

Inside the Trump team’s secret talks to rescue Argentina—with the help of the ‘Money Doctor’ who wants to stop the 'pink tide' sweeping Latin America

Johns Hopkins professor Steve Hanke is an expert on "dollarization" and has helped the Trump Administration run through the options for intervening in Argentina's economy.

Fortune

75% of gains, 80% of profits, 90% of capex—AI’s grip on the S&P is total and Morgan Stanley's top analyst is 'very concerned'

The long bull market since 2022 is a "one-note narrative" since the explosion of ChatGPT, according to Lisa Shalett, CIO of Morgan Stanley Wealth Management.

Fortune

Deloitte was caught using AI in $290,000 report to help the Australian government crack down on welfare after a researcher flagged hallucinations

The updates “in no way impact” the report’s findings and recommendations, the Big Four firm said.

Fortune

Dizzying deal delirium: How the AI bubble bursts

At our Yale Chief Executive Leadership Institute CEO Summit in June, we heard similar admonitions from over 150 top CEOs. They've seen this before.

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