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The Latest Breaking News from Fortune

Big Tech’s $630 billion AI spree now rivals Sweden’s economy, unsettling investors: ‘We’ve never invested this much on anything before’

Big Tech’s $630 billion AI spending spree now rivals Sweden’s economy, unsettling investors: “We’ve never invested this much on anything before.”

Fortune

Meet a 27-year-old software engineer who turned a 1.0 GPA in high school into a six-figure career at American Express

Per Scholas has been bridging the skills divide for 30 years.

Fortune

Fortune 500 Power Moves: Which executives gained and lost power this week (Jan. 31–Feb. 6, 2026)

See which Fortune 500 companies are making changes to their C-suite ranks.

Fortune

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Disney's Bob Iger achieves a key feat for any outgoing CEO: giving his successor a clean slate

Also: All the news and watercooler chat from Fortune.

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Forget a degree—$30 billion defense startup Anduril will fast-track your job application if you can win its AI drone-flying contest

Anduril founder Palmer Luckey admits he likes to hire people with experience off the beaten path—and he’s now scouting new talent via a drone-flying contest.

Fortune

Nestlé’s CEO drinks 8 coffees a day, but says Gen Z staffers are his secret to staying sharp by ‘learning constantly’

In his company’s turnaround effort, Nestlé CEO Philipp Navratil is drinking twice as much coffee as the average American—while admitting it’s Gen Z workers who keep him intellectually alert.

Fortune

How Japan replaced France as the country young Americans obsessively romanticize—they’re longing for civility

America used to be the archetypal “soft power” country, but sushi, anime, and a different way of life place it in the land of the rising sun for Gen Z.

Fortune

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Less than 10% of employees believe their bosses are demonstrating moral leadership

Also: All the news and watercooler chat from Fortune.

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Nevada legislator to push for independent audit of altered record in OSHA Boring Co. inspection

Because a forensic analysis conducted by the Governor’s Office was inconclusive, legislators are pushing for a third-party audit.

Fortune

Quantum computing company IonQ misled investors about its dependence on backdoor earmarks, short-seller report says

Short-seller Wolfpack Research says IonQ misled investors about canceled government earmarks; it also points to suspicious insider stock sales.

Fortune

Scott Galloway predicts OpenAI could pull its IPO amid AI ‘vibe shift’ as investors ‘gag’ on Trump proximity, questionable revenue

“Sustainable advantage is really, really thin,” the NYU professor said of the potential $830 billion IPO.

Fortune

Pinterest cracks down on dissent, fires engineers for an internal layoff tool as AI shake-ups keep employees on edge and in line

The incident shows how layoffs and AI investment have given employers more leverage over workers.

Fortune

Meta is quietly expanding its $10 billion Hyperion AI data center, now sprawling to four times the size of Manhattan’s Central Park

Meta’s latest 1,400-acre land deal in Louisiana signals plans for a vast, multiphase AI campus unlike anything the U.S. has seen.

Fortune

The CEO of $11 billion Oura explains why customers must shell out for subscription fees after paying $349 or more for the ring

From smart rings to self-driving cars, tech firms aren’t ready to cancel subscriptions, even as consumers hit their limit.

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‘Let a thousand flowers bloom,’ Jensen Huang says. Demanding ROI from AI is like forcing a child to make a business plan for a hobby

You don’t ask your kids to prove to you how they’re going to make money for you, Huang said: “We never do that at home. But we do it at work.”

Fortune

Kalshi gave away $50 in free groceries for 3 hours in New York City. A line 4 blocks long full of students and people on food stamps formed

“They’re helping the community,” 28-year-old Kayla told Fortune. “So even if they’re also hurting the community, it kind of balances out.”

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

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.

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Fortune

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

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

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

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

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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