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The Latest Breaking News from Fortune

Mira Murati’s surprise exit from OpenAI caps a chaotic year of staff infighting, rushed product launches, and executive upheaval

Mira Murati’s surprise exit from OpenAI caps a chaotic year of staff infighting, rushed product launches, and executive upheaval.

Fortune

Here’s the real reason 75% of corporate AI initiatives fail

'Adding AI to a business model of the past doesn’t lead to competitiveness—it simply solidifies old processes,' writes the author of The Humanchine.

Fortune

Discover's CIO says AI in financial services is still in the 'early stages' as the industry navigates 2 risks

Gen AI will eventually be a “very robust enabler” in financial services, says Jason Strle of Discover Financial Services.

Fortune

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What businesses can expect in a Kamala Harris presidency

What we know and don't know about Harris's economic proposals.

Fortune

The new rules of workplace fashion—Here’s what experts say you should wear to the office

Heels and ties are out, but luxury sneakers are the new mainstream.

Fortune

Exclusive: Rogo, an AI startup focused on finance, raised its $18.5 million Series A

Rogo has raised its $18.5 million Series A in a funding round led by Khosla Ventures, Fortune can exclusively report.

Fortune

Snapchat’s billionaire CEO sold his LA mansion for nearly $4 million less than what he wanted

Even the wealthy are taking an L in today’s housing market.

Fortune

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Harris’s economic plan helps, but doesn’t get to the root of middle-class discontent

Wealth creation in America today defies gravity and always flows to the top.

Fortune

No one is sure how to dress for work anymore—Here’s what experts say you should wear to the office

Shorts, heels and neckties are out, but fashionable sneakers are in.

Fortune

Millennial co-founder Finn Lagun has travelled to 68 countries—Lebanon and Syria are next on his list

“I am the first to admit that, after a long and stressful day, I like to unwind with a drink. I could pretend I attend yoga or mindfulness sessions.”

Fortune

Why Sam Altman owning or not owning equity in OpenAI is such a dramafest

Altman has denied rumors that he will get a 7% equity stake in the company that could be worth nearly $10 billion.

Fortune

Despite Intel's woes, the U.S. remains the revenue leader of the semiconductor industry

With $264.6 billion in 2023 sales, the U.S. semiconductor industry remains the largest on the planet, and this will not change anytime soon.

Tom’s Hardware

The winning fight against climate change lies at the intersection of environmentalism and economics

This approach to environmental action produces results that can be sustained over time because they are aligned with real-world economic incentives.

Fortune

Inside the network of powerful Black women raising millions for Kamala Harris

"The group is a love letter from Black women to Black women," says founder Jotaka Eaddy.

Fortune

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Fortune

Watch out, CFOs: cybercrime is booming, says former White House advisor

And catching most of these bad actors may not be likely.

Fortune

Amazon's 5-day in-office mandate pushes 73% of surveyed staffers to consider quitting

The majority of corporate Amazon employees told anonymous job review site Blind that they’re not happy with the RTO mandate and are looking for new jobs—or know someone on their team who is.

Fortune

Can Southwest CEO Bob Jordan keep activists at bay?

Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott Management.

Fortune

How Nord VPN has become Lithuania’s tech darling

Nord has seen remarkable growth offering a niche, sometimes controversial service—VPN. It has big ambitions for a future, which may or may not need an IPO.

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Fortune

Warby Parker's Founders Saw Success From Being 'Nice Guys'

Warby Parker co-CEOs Dave Gilboa and Neil Blumenthal launched their eyewear brand in business school after one of them lost a pair of glasses.

Fortune

How Samuel Adams’ founder built a $3 billion beer empire

Jim Koch is a sixth-generation brewmaster who quit a six-figure consulting job to launch a business.

Fortune

Angry Amazon employees are 'rage applying' for new jobs after Andy Jassy's RTO mandate

Amazon told employees they were required to return to office five days a week.

Fortune

OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned, report says

According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and $100 billion in 2029.

Fortune

This jobseeker made a 'Desperate' LinkedIn banner to counter taboo of the 'Open to work' flag

"If I sit there and pretend that everything is fine, how is anyone going to know that I need a job or some freelance work? People aren't psychic."

Fortune

Elon Musk is staking Tesla's very future on his Oct. 10 robotaxi unveil

“This will be one for the history books,” says Musk, as he transforms his carmaker into an AI and robotics company.

Fortune

Intel isn't just a company in decline—it's a corporate actor on the geopolitical stage

Investors, Wall Street analysts, competitors, suppliers, and customers must face a new reality: Intel is no longer a conventional company and can no longer be evaluated as one.

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