Samsung's North America CEO says the smartphone is just an entry point to ambient AI of the home Also: All the news and watercooler chat from Fortune. Fortune · Jul 22
George Soros never signed the Giving Pledge. He's given away more of his fortune than the billionaires who did The 95-year-old investor has given away an estimated 76% of his fortune without ever making the promise. Fortune · Jul 22
Sam Altman and Jony Ive formed a dream team to reinvent hardware. Now it’s at the center of a battle for OpenAI’s future Betting that a new breed of tech gadgets will give it an edge over its AI rivals, the ChatGPT maker tapped Apple’s former design guru last year. A legal fight with Apple is just one of the challenges now facing OpenAI in its hardware quest. Fortune · Jul 22
Panera founder and Cava chairman Ron Shaich bets $100 million on Level99, bringing the restaurant industry's playbook to entertainment Act III Holdings doubles its stake in Level99 after the Disney Springs opening, betting restaurant-industry category discipline can build a dominant player in entertainment. Fortune · Jul 22
After SpaceX's $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO Before buying into the hype, pros say to skip the first-day frenzy, follow the revenue, and read the prospectus. Fortune · Jul 22
The American Heart Association has a new number for daily coffee—and a warning if you go over it New research suggests drinking one cup of coffee a day is actually worse for your health than drinking four—but that fifth shot could cause heart failure. Fortune · Jul 22
Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’ "Somewhere, Karl Marx is smiling," the media company founder wrote in an op-ed, calling current markets a "smoke-filled backroom." Fortune · Jul 21
Lawmakers say they’re protecting kids—but their age checks are quietly building an ID requirement for the entire internet "It's not just about verifying the age of kids," said Cato's David Inserra. "To verify the age of kids, you have to verify the age of everyone." Fortune · Jul 21
UN's worst-case scenario: Energy and fertilizer shock from Iran war could push nearly 19 million more into chronic hunger by 2030 UN food economist Máximo Torero Cullen told Fortune that the Iran War “erodes a significant part of the progress that would otherwise have occurred." Fortune · Jul 21
'The audience is telling the industry something': even IMAX is stunned by Christopher Nolan's runaway 'Odyssey' As film fans mount their own odyssey to find scarce 70mm tickets, IMAX says demand for Christopher Nolan's latest has "exceeded even our expectations." Fortune · Jul 21
OpenAI says its AI models escaped from a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation The first-of-its-kind incident involved OpenAI's GPT-5.6 Sol and another unreleased model Fortune · Jul 21
Lauren Sánchez Bezos put $34 million behind reinventing what clothes are made of—and stirred a debate about Amazon The grants go toward researching new fabrics including bacteria-grown fiber, spider-silk substitutes, and gene-edited cotton. Fortune · Jul 21
A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan The new facility will be constructed on the Upper West Side, where Ackman has just purchased two buildings for a planned 700,000 square foot institute. Fortune · Jul 21
Jamie Dimon says insecurity, not ego, is what destroys the careers of top CEOs The JPMorgan CEO says leaders get into trouble when their insecurity discourages employees from delivering bad news. Fortune · Jul 21
Fortune · Jul 21 'He's an analog man in a digital AI world': Nolan’s ‘The Odyssey’ made back its $250M budget in 3 days without industrywide AI cost cutting The three-hour epic and Nolan’s $6 billion personal box office record show how the director is his own franchise and a counter to the AI age.
Fortune · Jul 21 Demis Hassabis's proposal for a FINRA for AI gains momentum. But is it a good idea? The self-regulatory body for financial brokerages has been plagued by concerns about conflict of interest, raising questions about whether it's the right model for AI.
Fortune · Jul 21 Study finds AI boosted homework scores 18%—then tanked exam results 20% There’s a massive debate over whether Gen Z is the first generation to be less cognitively capable than their parents. A study of 26,800 high school students suggests AI incentives only point in one direction.
Fortune · Jul 21 Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem Anthropic's Levant Alpöge, a former Harvard valedictorian, used Claude's Fable 5 to find something that mathematicians have failed to since 1939.
Fortune · Jul 21 Jamie Dimon says six-figure shipyard jobs are the new ‘American Dream’—but candidates will need to endure hours of extreme heat, cold, and rain Shipyard jobs can pay upwards of $100K without a college degree—and nearly a quarter of a million maritime workers are needed. But it comes with tradeoffs.
Fortune · Jul 21 Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase Despite earning millions and being a "grown" man, NBA’s Jalen Brunson said he isn't above asking his parents for a second opinion on big purchases.
Fortune · Jul 21 Kalshi's 'chronically online' war room figured out World Cup virality — and realized AI might be bringing back the monoculture Here's how a 20-person team turned the World Cup into a $24 billion trading moment, and discovered something unexpected about what AI is doing to culture.
Fortune · Jul 21 What I keep hearing from Fortune 500 CEOs: 'We have no idea what we’re actually paying for power' One CFO told me they missed their quarterly earnings per share (EPS) target because of a single regional utility's price change.
Fortune · Jul 21 'We all failed': Former Disney CEO Michael Eisner on Hollywood, video games and the big question of IP At a panel in New York, Eisner said he went from thinking sequels were overrated to the Lucasfilm masterstroke, before Disney "overstepped its bounds."
Fortune · Jul 21 The CEO who fired HR was right. About the wrong thing. Ryan Breslow eliminated Bolt's people function, then had to staff a "people ops" team to do the same job.
Fortune · Jul 21 Jersey Mike’s tests how far investors will stretch on restaurant IPO valuations Jersey Mike’s is aiming for a near-$8 billion listing, testing investors’ appetite for franchise-driven growth.