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The Latest Breaking News from Fortune

AI trading is flooding Wall Street—and fueling a 1.2 trillion-message trading surge, NYSE president says

There are threefold more trades on Wall Street versus just four years ago, the head of the stock exchange, Lynn Martin, told Fortune.

Fortune

A BlackRock-led $40 billion data center deal highlights the unstoppable AI gold rush

The $40 billion bet on Aligned highlights the demand for AI-ready infrastructure—and Wall Street’s determination to cash in.

Fortune

MacKenzie Scott has cut her stake in Amazon by 42%—worth nearly $13 billion—as the billionaire casually donates over $110 million to DEI causes

After the billionaire philanthropist Mackenzie Scott ended up with about 4% of Amazon, she’s given away $19 billion over the past five years, with over $100 million to DEI causes in the past few months.

Fortune

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Self-made billionaire Selena Gomez says people didn’t take her seriously in the beauty business at first

Selena Gomez spoke at the Fortune Most Powerful Women Summit in Washington, D.C., on Wednesday.

Fortune

Reddit cofounder Alexis Ohanian says ‘so much of the internet is dead’—and the rise of bots and ‘quasi-AI, LinkedIn slop’ killed it

The investor predicted a new wave of “verifiably human” social media platforms is coming “because it’s all going down in the group chats now.”

Fortune

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos hates the word ‘balance’—and he’s not alone. Reid Hoffman says chasing it means you’re not serious about winning, while other billionaire CEOs argue it’s incompatible with success.

Fortune

The next big corporate risk isn’t AI—it’s antitrust

And it’s being driven by the erosion of the middle class.

Fortune

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Best Buy CEO says C-suite resilience in the age of AI requires constant learning

“Our focus is maniacally on the customer,” Barry said.

Fortune

Why the future of AI is sitting in your driveway

I've been working at the vanguard of automotive technology for decades, from MIT to Tesla to Aurora to becoming GM's Chief Product Officer. I'm excited.

Fortune

UN sees the world entering ‘extremely dangerous’ climate era as CO2 spikes by the most in the history of human civilization

“The heat trapped by CO2 and other greenhouse gases is turbocharging our climate and leading to more extreme weather,” said WMO Deputy Secretary-General Ko Barrett.

Fortune

Amazon founder Jeff Bezos says ‘millions of people’ will be living in space by 2045—and robots will commute on our behalf to the moon

No one enjoys the dreaded commute to work, and by 2045, Amazon founder Jeff Bezos predicts we’ll have robots to do that for us. After all, in his vision we’ll be venturing to other planets for our 9-to-5's.

Fortune

Amid disruption, C-suite leaders have the power to steady their workforces

Most of your employees receive news through highly filtered channels that shape how they interpret business conditions while fueling anxiety.

Fortune

Meet David Joyner, the professor who cloned himself with an AI avatar named 'DAI-vid,' as part of an experiment to 'democratize' online learning

What if your professor was AI-generated? Georgia Tech's David Joyner and MIT's Anant Agarwal have a course for you from the online learning platform edX.

Fortune

GSK chief doesn't buy that the CEO role has become unsustainable

The co-CEO model may work with the right “cocktail” combination, but CEOs must be prepared to give the position “everything you possibly have,” she said.

Fortune

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Fortune

Jamie Dimon issues private credit warning: ‘When you see one cockroach, there are probably more’

JPMorgan CFO Jeremy Barnum said: “A lot of the private credit actors are large, very sophisticated, very good at credit underwriting. So I don’t think … that there are necessarily lower standards there or a huge systemic problem.”

Fortune

Powell says exactly what Wall Street wants to hear as Trump provokes soybean battle with China

Investors heard enough of what they wanted to remain bullish on further cuts.

Fortune

JPMorgan’s Jamie Dimon gives 100% every single day, even after years on the job—just like football great Tom Brady

Dimon, who has led the bank for 19 years, spoke about his leadership philosophy at the Fortune Most Powerful Women Summit.

Fortune

Top psychologist says all elite achievers have one thing in common—and it’s not an innate ability like brains or talent

Angela Duckworth’s research spans all ages, examining how both children and adults respond to extreme challenges.

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Fortune

Goldman’s acquisition of Industry Ventures is a bet on soaring secondaries

When Goldman Sachs announced plans on Monday to acquire Industry Ventures, eyebrows shot up.

Fortune

JPMorgan CEO Jamie Dimon on mentorship and 'the need to keep the Western world together economically'

Also: All the news and watercooler chat from Fortune.

Fortune

Want to build your own chatbot for $100? A glimpse into AI’s small, cheap, DIY future

Tiny, low-cost models hint at an AI future that’s smaller, cheaper, and within anyone’s reach.

Fortune

Waymo says it will expand to Europe next year with London launch

As the U.K. government continues to develop guidelines and approval processes, it might take time for Waymo to be able to scale in England.

Fortune

JPMorgan CEO Jamie Dimon says people who don’t think job losses due to AI are inevitable, ‘should stop sticking their head in the sand’

The Wall Street bank chairman and CEO said AI is going to displace jobs but it will also dramatically increase people’s quality of life.

Fortune

Europe’s China dilemma: Does the EU need to pick between faster decarbonization and green industry?

Despite the EU sourcing a record 47% of its energy from renewables in 2024 and investing heavily in the sector, much of the technology driving this green transition is still imported.

Fortune

Amazon is planning a new wave of layoffs, sources say

Amazon’s 10,000-plus-employee HR division, which includes recruiters, is expected to be among the hardest-hit in the job cuts.

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