Anthropic's $2 trillion math problem: Its underlying business is nowhere near the IPO valuation it wants Everything you need to know before you reach the office this morning. Fortune · Aug 14
Fortune Tech: OpenAI's leadership musical chairs; Microsoft's 'super app,' Tim Cook in Texas In today's edition: OpenAI's leadership musical chairs; Microsoft's "super app," Tim Cook in Texas, Databricks, Flock cameras, IBM, and China's AI influence. Fortune · Aug 14
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’ The travel industry, like every sector, is experimenting with the best use cases for AI. Fogel is working towards a world where tourism becomes an intelligence system in its own right Fortune · Aug 14
AI will make the biggest companies bigger and the smallest more powerful. Hotels show who gets squeezed The next technology wave will produce a barbell: scaled platforms at one end, focused operators renting their capabilities at the other. Fortune · Aug 14
A value investor's reluctant case for gold The U.S. dollar is the world's reserve currency for three reasons, all of which are cracking at once. Fortune · Aug 14
Philanthropy's best-kept secret: the more you have, the less you're required to give The 50 largest private foundations in America hold more than $535 billion between them, obliged o distribute 5% each year, a minimum unchanged since 1969. Fortune · Aug 14
The hidden risk of GLP-1 drugs There's something the tens of millions of Americans who are currently on GLP-1 medications, or thinking of starting them, need to know. Fortune · Aug 14
Serena Williams is finding new mentors in the VC chapter of her career—and is learning how to be one herself Also: All the news and watercooler chat from Fortune. Fortune · Aug 14
A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted Greenland Energy is facing almost 18 months of delays, but plans to drill for oil as soon as late 2027. Fortune · Aug 14
Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit Investors are hoping for a $2 trillion listing in October backed by one of the fastest revenue ramps anyone has ever seen for a company that has yet to report an annual profit. That might bode well for OpenAI. Fortune · Aug 14
Airbnb CEO Brian Chesky says AI writes 60% of its code—and sustaining ‘founder mode’ is the key to winning in the age of AI Brian Chesky says he treats the $110 billion home-rental giant like a small startup. Fortune · Aug 14
Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacks The Marcus Foundation has made historic medical research donations during the past few decades. Fortune · Aug 14
Gen Z is swiping left on swiping and dating apps are getting the message Online dating is betting on fewer swipes, better matches and more real-life experiences to win over Gen Z. Fortune · Aug 14
Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think As Joshua Kushner and Bob Iger close in on a record $12.5 billion Lakers deal, OpenAI CEO Sam Altman once said Kushner makes 'high-conviction bets'. Fortune · Aug 14
Fortune · Aug 14 Prediction markets' reputation comes back to earth after surprise result in Wisconsin Kalshi and Polymarket gave Francesca Hong roughly a 95% chance of winning on the eve of the primary, before David Crowley’s upset.
Fortune · Aug 13 Buried in OpenAI's latest research: No correlation between AI use and revenue per employee The AI lab grapples with a question that's existential for its future: Do ChatGPT corporate customers get a clear ROI?
Fortune · Aug 13 This matchmaker went viral when her $35,000 client took a date to a soft pretzel restaurant—but he wasn't subject to the ‘bald tax’ or the ‘short tax’ Because of a fixation on tall men, some shorter or bald men have to pay this viral matchmaker a tax because it involves more work on her behalf.
Fortune · Aug 13 The electric shock gloves ICE is spending up to $20 million on are already being given to police officers in Omaha public schools The Omaha Police Department was awarded more than $65,000 for 40 pairs of the gloves in May 2025.
Fortune · Aug 13 'Multi-part case study on China’s media' finds that AI models can't hallucinate away Chinese censorship New research suggests Chinese state media and authoritarian speech restrictions can shape the answers produced by leading U.S. AI models
Fortune · Aug 13 A San Francisco 'tech prankster' got 50 Waymos ordered onto the same street, exposing robotaxis' cyber/airbag problem California requires autonomous vehicle manufacturers to demonstrate they can safely monitor, update and maintain fleets while complying with cyber law.
Fortune · Aug 13 Microsoft begins to merge consumer and enterprise Copilot apps in push for super app The software giant is starting to roll out a unified experience across the two platforms, beginning this week with a small subset of users.
Fortune · Aug 13 Jennifer Garner cofounded a $732 million business at 45, and says her age came with perks: ‘I'm blissfully not motivated by needing to be in charge’ Millionaire actress Jennifer Garner became a cofounder after two decades in Hollywood success, and says she had one big advantage over younger founders.
Fortune · Aug 13 Author Malcolm Gladwell would rather have a dad who makes $100,000 than $1 billion—he says extreme wealth is 'crippling to your motivation' Bestselling author Malcolm Gladwell argues that growing up with financial disadvantages can actually better prepare children for success.
Fortune · Aug 13 Only 12% of family businesses stay in the family by the third generation. A Goldman Sachs chairman says optimism is the reason François-Xavier de Mallmann steers Goldman's relationships with many of the world's largest family-controlled enterprises.
Fortune · Aug 13 SAP Head of Quantum: AI is about to commoditize intelligence. Better decisions will be the next competitive advantage From my vantage point, I repeatedly see the same initial bottleneck in enterprise quantum work. It is rarely access to a processor.