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The Latest Breaking News from Fortune

AI could become the ‘new steel’ as overcapacity risk goes unnoticed

When various governments intervene to increase capacity, as they have done with steel and may now be doing with AI, we struggle with spillover effects.

Fortune

Joy, a platform that answers parents' questions 24/7, raises $10 million

The platform, called Joy, offers parents live advice on issues like feeding and sleep.

Fortune

Picking a president is different than picking a CEO—but there are a few habits that political parties could learn from corporate America

Just like companies, political leaders should be developing internal talent and keeping an eye on external frontrunners.

Fortune

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Donald Trump told the Fed not to cut rates before the election—but Wall Street is convinced he won't get his way

"The market is now pricing in more than two 25-basis-point rate cuts by year-end, including a near-100% chance of a September cut."

Fortune

As Wiz turns down Google's $23 billion offer, a founder shares his deal regret

“Did we maximize our value? Probably not," says Jyoti Bansal, founder of AppDynamics.

Fortune

Jaguar Land Rover is the world's best electric racing team. Here's how that will shape its EVs

Jaguar Land Rover is developing power trains and battery technology that will soon make its way to its commercial offerings.

Fortune

A day after raising $500 million, AI startup Cohere told staff it was laying off about 20 employees

On Monday generative AI model startup Cohere celebrated a fresh $500 million in new funding at a $5.5 billion valuation, and on Tuesday company said it was laying off about 20 employees (out of close to 400).

Fortune

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AI could be the best long-term disinflationary force in a challenging global economy

AI-driven efficiencies and even more sophisticated computing will drive the next 20 to 30 years of productivity gains.

Fortune

The SEC bungled a crypto lawsuit. Then came an alleged kidnapping in Dubai—and questions about $400 million of investors' funds

A police report filed in Utah details a strange development in the infamous Debt Box case, where a judge sanctioned the Gary Gensler-led agency.

Fortune

Biden follows a long line of Western leaders who voluntarily surrendered power at the end of a ‘heroic journey,’ says the author of The Hero’s Farewell

The end of a hero's journey is never simple, writes Jeffrey Sonnenfeld.

Fortune

The Fortune 50 Best Places to Live will serve multigenerational families for the long haul

The third annual Best Places to Live for Families list is here.

Fortune

Meet the CFO-turned-CEO driving record growth for cult-favorite energy drink Celsius

John Fieldly pitched himself for the top role at the company.

Fortune

The global M&A market’s big-deal bravado is losing steam as rates stay high in 2024

The largest sector for M&A globally was technology, with deal volume up 37% year on year, of which North America made up some 66% of the total.

Fortune

Hamilton Lane becomes first asset manager to launch a fund on Solana blockchain

Private markets investment manager is the first 'TradFi' firm to launch a fund on the network.

Fortune

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Fortune

Timothy Armoo lost over £74k on Alibaba Stock, before tapping into his generation's love for avocados and influencers—now he’s a self-made multimillionaire

Timothy Armoo says an avocado business and lithium mine have been his best investments.

Fortune

Wiz turns down $23 billion Google deal, says it's aiming for IPO

Assaf Rappaport, CEO and cofounder of the cybersecurity startup, told employees the company will remain independent and aim for $1 billion in annual recurring revenue and a public stock offering as its next big goals.

Fortune

What CEOs could expect from a President Kamala Harris

The VP is likely to tout her administration's relatively calm stewardship to Big Business.

Fortune

Do you have AI skills? Getting a job in data engineering will likely lead you to a six-figure salary and beyond

Data engineers with at least 3 years of relevant work experience can easily earn six-figures at places like IBM, Meta, and Capital One.

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Fortune

LinkedIn turns to games and AI to attract and retain users

The company said users interact with 1.5 million pieces of content on the site every minute.

Fortune

Kamala Harris could mean an end to Democrats' hard line on crypto—but it's too soon to say for sure

While President Biden took a harsh stance toward digital assets, Harris has signaled a pro-tech agenda.

Fortune

Why it’s so difficult to convince leaders like President Biden to step back

The very qualities that make great leaders—vision, confidence, and determination—can put blinders on even the most well-intentioned ones.

Fortune

Model and entrepreneur Karlie Kloss is passionate about vitamins, Pilates, and protecting abortion access

Kloss says it’s taken her a while to find work and issues to align herself with that have true meaning.

Fortune

Inside Iconiq Growth, one of Silicon Valley’s most mysterious venture capital funds that just closed a $5.8B startup war chest

Historically press shy, Iconiq Growth is sharing details about its VC fund for the first time.

Fortune

Northwestern, Columbia, and UPenn are home to the best executive MBA programs. Did your school make our list?

Fortune’s latest executive MBA ranking finds that M7 schools continue to be among the top spots for business career advancement.

Fortune

Exclusive: Lauri Moore joins Bessemer as partner

Moore is joining Bessemer Venture Partners as a partner, Fortune can exclusively report. She was previously a partner at Foundation Capital, where her investments included data platform Gable, and a number of open-source-focused AI startups, including Infield.ai.

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