Google’s DeepMind is having an identity crisis Hassabis has ceded day-to-day control to DeepMind’s CTO Koray Kavukcuoglu. Here’s what happened. Fortune · Aug 13
Fortune Tech: Nvidia's creative capital; Apple's political strategy, Google DeepMind drama In today's edition: Nvidia's creative capital; Apple's political strategy, Google DeepMind drama, vibecoding, Uber, Sam Altman, and wearables. Fortune · Aug 13
Current price of oil as of Aug. 13, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. Fortune · Aug 13
Anthropic reportedly plans a $2 trillion IPO in October—the largest ever—that will eclipse SpaceX Everything you need to know before you reach the office this morning. Fortune · Aug 13
Tech CEOs are writing 6,500-word manifestos. Who's actually reading? Also: All the news and watercooler chat from Fortune. Fortune · Aug 13
The Philippines needs ‘power of all sorts’ to build energy security following a nationwide crisis, says Prime Infra CEO Guillaume Lucci “What we need is more energy of all sorts, not only more renewable energy,” Lucci tells Fortune at the firm’s headquarters in Pasay City, Manila. Fortune · Aug 13
AI was supposed to power Canva's next act. It also exposed software's most expensive problem An analyst said AI is breaking SaaS’s “secret sauce”, and Canva and its competitor, Figma, just became the latest proof. Fortune · Aug 12
Nearly a dozen firms are already paying up to $100,000 per month for early access to Trump’s Truth Social posts The release of Truth API has raised concerns about insider trading among economists and legal experts. Fortune · Aug 12
Japan and the U.S. just spent billions to try to save the yen. Why is it already losing ground? Economists point out that the U.S.-Japan intervention—as significant as it may be—doesn’t tackle the underlying reasons behind the yen’s weakness. Fortune · Aug 12
Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 25% in just the 14 months since Mark Walter bought them The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades. Fortune · Aug 12
CIOs and CTOs spent years lauding AI. Now, with costs rising, they're putting limits on how it's used After making AI tools widely accessible for employees, leaders are putting caps on usage and retraining staff to understand small and cheaper models can often do the job. Fortune · Aug 12
Nvidia found a new way to keep the AI boom funded: your retirement money A $500 billion Wall Street push could route insurance and pension capital into GPU-backed infrastructure as Big Tech leans harder on debt. Fortune · Aug 12
Gates Foundation's $540 million gift to science comes as the federal government pulls back on funding The historic gift to a University of Washington research institute lands as the federal government retreats from funding science. Fortune · Aug 12
The majority of U.S. employers say they plan to increase hiring this year—these are the top roles they're looking to fill After years of job market hell, around two-thirds of U.S. employers are now planning to hire again—they’re looking for marketers, HR and tech workers. Fortune · Aug 12
Fortune · Aug 12 Sam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there Two decades after his application to the bank, OpenAI is recruiting Wall Street veterans and teaching AI to do the work of junior bankers.
Fortune · Aug 12 Elon Musk says AI will make money disappear. But crypto billionaire Michael Saylor says he’s wrong for one key reason: ‘We're status-oriented animals’ The billionaire Bitcoin mogul Michael Saylor says technology has already made luxuries once reserved for kings commonplace.
Fortune · Aug 12 Inflation came in perfectly on forecast. Almost everything underneath it is a ‘mess’ July CPI offered some welcome relief, but the report masks stubborn rent increases and wages that can barely keep up.
Fortune · Aug 12 She detasseled corn for $1 an hour at 14. Now she's Google DeepMind's chief AI exec—and says being an immigrant's daughter made her a natural 'first' Google DeepMind’s Lila Ibrahim had no AI pedigree—she started out with a $1 cornfield job, immigrant parents, and a habit of taking risks others missed.
Fortune · Aug 12 87.5% of venture dollars went to AI. The rest fought over scraps PitchBook's Q2 valuations data shows a market split in two.
Fortune · Aug 12 Current price of oil as of Aug. 12, 2026 When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
Fortune · Aug 12 ‘An unattractive deal with Iran is the best of limited bad options’ if the U.S. wants to get oil flowing again Everything you need to know before you reach the office this morning.
Fortune · Aug 12 The Gulf wants to break free from the world’s data chokepoints In this week’s Fortune Gulf Brief.
Fortune · Aug 12 Scott Strazik’s stunning turnaround at GE Vernova Also: All the news and watercooler chat from Fortune.
Fortune · Aug 12 Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream Details of any tolling or voluntary fee system are unlikely to be finalized in any potential interim deal, further delaying a permanent peace solution.
Fortune · Aug 12 Forget the gala, these Silicon Valley schools run their own venture capital funds A handful of elite Bay Area schools have enlisted parent-donors from Sequoia, Lightspeed, and Battery to steer small pools of donated capital into early-stage startups. With massive IPOs back en vogue, schools are lining up for what could come next.