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The Latest Breaking News from Fortune

Elon Musk says OpenAI, Anthropic, and rival labs should review frontier AI models before release, with government intervention as a last resort

The SpaceX CEO said he would set aside his differences with OpenAI CEO Sam Altman “for the good of the world.”

Fortune · Jul 23

AI labs have a trust problem, and the Hugging Face hack just proved it

OpenAI's AI hacked a rival company. But after years of doom from frontier labs, plenty of people assumed it was just marketing.

Fortune · Jul 23

The Trump administration is revamping the era of the ‘gentleman scientist.’ It’ll cost $200 billion

Can AI be the partner Darwin always dreamed of?

Fortune · Jul 23

From analysis to the latest developments in health,
read the most diverse news in one place.

Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC

The Amazon founder worth $267 billion may chip in for a minority purchase of the British soccer team, while a wave of U.S. billionaires buy up clubs abroad.

Fortune · Jul 23

Trump dismisses affordability as a ‘word made up by the Democrats’ while predicting oil will come ‘tumbling down.’ (It’s at $100 per barrel)

At his rally, Trump admitted, “You may be paying a little bit more,” and pleaded for more time, while saying the Iranians “break every deal they make.”

Fortune · Jul 23

Despite Tokyo's push for a 4-day week for better work-life balance, Japan’s prime minister boasts sleeping just ‘zero to three’ hours a night

As workers push for better work-life balance and four-day workweeks, Japanese Prime Minister Sanae Takaichi is moving in the opposite direction.

Fortune · Jul 23

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it’s still worse somehow

“Japan’s debt dynamics are fundamentally different from those of the United States … Japan is the world’s largest creditor nation. The U.S. is the world’s largest debtor.”

Fortune · Jul 23

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All hail London—whatever the U.K.’s new Prime Minister says

Andy Burnham does not have long to wait. If he wants to make a real economic difference, he should focus on the U.K.'s greatest asset: a globally significant city whose scale is its superpower.

Fortune · Jul 23

MoonPay launches universal AI shopping wallet for non-technical Claude and ChatGPT consumers

PayBox lets users instruct Claude or ChatGPT agents to make purchases within the platform with no need for coding or a special screen.

Fortune · Jul 23

AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council

The council brings together finance leaders from tech-forward and legacy companies.

Fortune · Jul 23

Will ServiceNow’s strong Q2 earnings beat finally allow the company to escape the SaaSpocalypse?

ServiceNow beat Q2 Wall Street consensus estimates and raised revenue forecasts. The company’s shares now show signs of escaping the “SaaSpocalypse.”

Fortune · Jul 23

Coinbase invests in tokenized version of Abu Dhabi’s sovereign wealth fund

Infrastructure provider KAIO will build the architecture necessary to tokenize Mubadala’s private‑markets fund.

Fortune · Jul 23

Moonshot, DeepSeek, and the Great Chinese AI IPO Rush

Beijing's AI leaders are rushing toward the public markets, using IPOs to fund an escalating arms race against U.S. frontier models.

Fortune · Jul 23

General James 'Spider' Marks: there's a strategic risk hidden inside closed AI systems

The escalating friction between Washington and Silicon Valley’s frontier AI giants shows just how fragile trust between has become.

Fortune · Jul 23

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Fortune · Jul 23

Teneo & Thoughtworks CEOs: the AI race will be won with governance, not speed

Something's about to break: 53% of investors want AI payback in six months. Only 16% of CEOs think they can deliver it.

Fortune · Jul 23

Michael Muthukrishna: The 'lone genius' myth is wrong and it’s holding back your business

LSE and NYU Professor Michael Muthukrishna on the "collective brain" and how Darwin wasn't first, neither was Newton. Here's why that matters for leaders.

Fortune · Jul 23

The GLP-1 paradox: too expensive to cover, too effective to cut

A founder and a former HHS CTO agree: GLPs are breaking the healthcare system. We need to move away from drug-first or diet-first obesity care.

Fortune · Jul 23

Trump faces a catch-22 on Iran because of midterms, says his former commerce secretary: Face inflation furor or withdraw and look weak

“The war itself, in a kind of technical sense, is over … The question is, can we win the peace? And that’s what Hormuz is about,” Trump’s former commerce secretary, Wilbur Ross, exclusively tells Fortune.

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news in one place.

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Fortune · Jul 23

The hidden cost of AI: Why your town is negotiating with Amazon and Microsoft

Hobart’s tax levy is $25 million, yet it secured $200 million in commitments from Amazon — as $130 million in data centers were blocked over three months.

Fortune · Jul 23

Current price of oil as of July 23, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune · Jul 23

Google just posted the biggest quarterly profit ever—$112 billion—and Wall Street is punishing it for doing so

Everything you need to know before you reach the office this morning.

Fortune · Jul 23

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple

Also: All the news and watercooler chat from Fortune.

Fortune · Jul 23

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

The $75 million gift to establish an art, architecture and design college is the largest Huang has ever made to a university.

Fortune · Jul 23

How GE CEO Larry Culp pulled off the turnaround of the century

GE was teetering on collapse when Culp arrived. Eight years later, its three successor companies are worth nearly $700 billion combined.

Fortune · Jul 23

Europe does not need more ambition. It needs to stop hiding it

Thijn Lamers says European humility, not weak products, is holding back the next Adyen.

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