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The Latest Breaking News from Fortune

AI startup valuations are doubling and tripling within months as back-to-back funding rounds fuel a stunning growth spurt

From LLM makers OpenAI and Anthropic to specialized firms like Cursor, Harvey, and Abridge, AI startups are chaining deals together in rapid-fire succession and lifting valuations to stratospheric heights. Is this normal?

Fortune

How Xbox is using its loudest fans to guide its biggest transformation yet

Xbox is shifting from console-first to a play-anywhere future, and its president, Sarah Bond, is relying on its passionate player base to chart the path forward.

Fortune

Despite flak for doom-spending their money, Gen Z may be more prepared for retirement than baby boomers, research reveals

Part of the financial preparedness is thanks to features like autoenrollment, and expanded Defined Contribution plans through employers, the study finds.

Fortune

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The world’s youngest self-made billionaire hasn’t taken a day off in 3 years and can’t stop thinking about work—here’s how he keeps from burnout

“People generally burn out, not just from working hard, but from working hard on something that they don't feel as fulfilling and compounding,” he said.

Fortune

Silicon Valley sets its sights on building the perfect baby

Tech-savvy parents to be are using IVF and screening embryos to build families in ways that were unimaginable a few short years ago.

Fortune

What the CEO of the world's largest data center company—with 273 locations in 36 countries—predicts will drive the business forward

Equinix is in the business of "designing and constructing the infrastructure that underpins the digital economy."

Fortune

Elon Musk has started work toward his $1 trillion Tesla pay package. But 2 loopholes foreshadow how it could be a bust for shareholders

Musk's comp package incentivizes him to hype the stock, then deliver just enough on the basic business end to clinch a rich reward.

Fortune

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National debt crisis will be averted by governments 'mobilizing and encouraging' private wealth to fill their budget holes, says UBS

"Governments have long mobilized private wealth to support public finances. There are several approaches," UBS chief economist, Paul Donovan, outlined in a recent call.

Fortune

Nintendo’s secret to becoming a design powerhouse? Developers who have stayed at the company for decades

“The people who first made Nintendo’s hits are still working at the company,” says Keza MacDonald, author of a forthcoming book about Nintendo.

Fortune

Ford workers told their CEO 'none of the young people want to work here.' So Jim Farley took a page out of the founder's playbook

Ford founder Henry Ford decided in 1914 to more than double factory workers’ wages to $5 a day, jump-starting the American middle class.

Fortune

Steve Jobs taught Gap’s former CEO that micromanaging can be a good thing

“I’m proud to be a micromanager for what a customer sees, feels, and hears,” Mickey Drexler said.

Fortune

Beyond the scroll: how visual search is redefining the future of retail

For generations, beautiful visuals have been at the heart of shopping, and our research at Pinterest shows Gen Z looks at shopping as self-expression.

Fortune

The finger arithmetic of free vs. fair trade

An old Chinese proverb says “It is better to break one finger than to injure ten." It reveals a lot about "free trade" versus "fair trade."

Fortune

The creator of an AI therapy app shut it down after deciding it’s too dangerous. Here's why he thinks AI chatbots aren’t safe for mental health

Joe Braidwood started Yara AI to democratize access to mental health services. But he grew increasingly concerned about AI technology's suitability for vulnerable people coping with issues more serious than everyday stress or sleep troubles.

Fortune

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The CEO of $12 billion Ryder System caught a massive strategic blind spot after a simple question from someone in office supplies

A question about market share triggered a major aha moment for the leader of one of the largest trucking fleets in North America.

Fortune

Five years after its debut, Google DeepMind's AlphaFold shows why science is AI's killer app

In five years since AlphaFold's debut, it has transformed basic biochemical research. But its long-term effect on drug discovery remains unclear.

Fortune

‘It’s not just the hyperscalers’ free cash flow anymore.' Debt related to OpenAI's computing needs is moving credit markets.

All that extra debt is moving credit markets. 'It's not just the hyperscalers' free cash flow anymore.'

Fortune

This millennial home designer spent 9 months building a replica of ‘The Holiday’ cottage—now it’s renting fast at $499 a night

Lucy Small, a Georgia-based home designer, had 4,000 fans lined up to rent her festive cottage rental years before it hit the market. She says the home is so special that its success can’t “be replicated.”

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Fortune

Futures and Treasuries markets on CME blacked out overnight, following a glitch at an all-important data centre

"BrokerTec EU markets are open and trading. All other CME Group markets remain halted due to a data center cooling issue at CyrusOne," CME told Fortune.

Fortune

Two Gen Zers turned down millions from Elon Musk to build an AI based on the human brain—and it's outperformed models from OpenAI and Anthropic

William Chen and Guan Wang believe they will be the first ones to build artificial general intelligence.

Fortune

Carmelo Anthony reflects on Hall of Fame career, investing wins and passing on Google and crypto: 'That's another one I should have went with my gut on'

The NBA legend talked to Fortune about his business career, his investments, NIL rights and more: "Now, I don't think these kids really enjoy that moment."

Fortune

I went to COP30—and saw how the rest of the world is pushing climate action even as the U.S. steps back

Amid the diplomatic gridlock, perhaps the real story of COP30 was happening outside the negotiation halls.

Fortune

This ‘boring’ job that millennials and boomers abandoned is the hottest seasonal job on the market—and it’s Gen Z’s path to a six-figure career

Tax accountants are suddenly the season’s most in-demand role, giving job-hunting Gen Zers an unlikely path to six figures.

Fortune

Exclusive: Gravis Robotics raises $23M to bring AI autonomy to construction sites

The Swiss startup has raised $23 million to automate construction equipment as the industry faces a severe shortage of skilled operators and surging demand for infrastructure.

Fortune

Mark Carney says Canada's trading relationship with the U.S. was 'once a strength,' but 'now a weakness'

Canada struck a pipeline deal with Alberta on Thursday to diversify the country's oil exports beyond the U.S.

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