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The Latest Breaking News from Fortune

TIAA CEO Thasunda Brown Duckett is undertaking a retirement revolution—with $1.5 trillion to back it up

Also: All the news and watercooler chat from Fortune.

Fortune

The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America

Nuri Katz has spent 34 years moving the world’s ultrarich from one country to another, and now Americans top the list: “I’ve never seen that before.”

Fortune

The new problem for millennial parents in the Northeast: The million-dollar starter home

The first rung on the property ladder now costs seven figures in a record 242 cities, a new Zillow report shows.

Fortune

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

He fled Iran for the American Dream, became a millionaire, and could have retired—instead, he built the health tech that saved his father from cancer

This health tech millionaire fled Iran with nothing. Now he skips lunch, spends $500 a month on carrot juice, and bought his whole team Rolexes.

Fortune

SpaceX's $60 Billion Cursor Deal Comes With a Twist: It Didn't Spend a Dollar in Cash

Elon Musk's SpaceX acquires AI coding startup Cursor for £44.7 billion in an all-stock deal, riding its post-IPO share surge. This move boosts SpaceX's AI capabilities and market position.

International Business Times UK

Citi, Ford, and Experian share their strategies for scaling AI agents

AI agents require trust. And building trust takes time. At Fortune Brainstorm Tech, business leaders discussed how they're making it work at their companies.

Fortune

Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

Fortune

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'Making China the elephant in the room': The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say

With U.S. export controls on Anthropic boxing out allies and China controlling the minerals behind clean energy, the summit's AI and trade goals might be stymied.

Fortune

Who Is Michael Truell? The 25-Year-Old Cursor CEO Behind Spacex's $60 Billion Deal Option

Cursor CEO sold his AI coding startup to SpaceX for $60bn. The MIT dropout became Silicon Valley's fastest-rising tech entrepreneur but tech community is divided over this record-breaking acquisition.

International Business Times UK

Anthropic shutdown ignites calls for sovereign AI across Europe

Washington’s decision to cut off access to Anthropic’s newest frontier AI has forced Europe into a reckoning.

Fortune

Cursor’s 25-year-old CEO is a former Google intern who just cemented a $60 billion deal with SpaceX

From Google intern at 18 to a billionaire at 25, Cursor CEO Michael Truell’s rise is one of Silicon Valley’s fastest.

Fortune

Exclusive: Voice AI startup Bland raises $50 million after being rejected by 180 investors

Isaiah Granet turned a Y Combinator rejection streak into a nine-figure funding story by betting that AI won't replace the phone—it will answer it.

Fortune

No country for rich men: 6 out of 10 wealthy Americans want to pull a Clooney and pack their bags

It's not about politics. Life in America is too expensive.

Fortune

CMo

The next big growth lever isn't hiding in the finance department. It's creativity, and it's reshaping the role of the CMO while giving marketing a bigger voice in the boardroom.

Fortune

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news in one place.

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Fortune

OpenAI’s financials have leaked, showing $21 billion in losses against $13 billion in revenue

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

Fortune

REE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam's economy. Here's what she thinks comes next

Nguyen Thi Mai Thanh spent the Vietnam War working as a medic. She's since been at the forefront of Vietnam's transformation, including leading the first company to privatize and publicly list.

Fortune

Gulf private credit opportunities shine amid global volatility

The Gulf is no longer just a source of capital for private credit. Increasingly, it is becoming one of the industry’s most important markets.

Fortune

From $18B in revenue to $275B: How CEO David Cordani transformed Cigna and chose to hand over the keys

Also: All the news and watercooler chat from Fortune.

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news in one place.

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Fortune

A ChatGPT prompt almost killed Ryan Serhant’s $50 million NYC penthouse deal. Here’s how he saved it

At Fortune Brainstorm Tech, broker Ryan Serhant explained how a chatbot nearly blew up a $50 million NYC penthouse sale—and why AI still can’t replace a human in high-stakes deals.

Fortune

The jet fuel crisis never existed, sources say

“We have not seen any shortage of fuel anywhere, whether it’s domestic in the United States or for European travel,” said Jamie Walker, executive chairman of Jet Linx.

Fortune

Marketing jobs are among the most exposed to AI. Adobe and LinkedIn are teaming up to ensure the industry is upskilled—not replaced

In a Fortune exclusive, Adobe and LinkedIn announce new coursework designed to teach marketing professionals how to properly use AI.

Fortune

Agentic AI systems are doing more and more work. Now humans need to figure out how to verify it all

At Fortune Brainstorm Tech, industry executives discussed the challenges and techniques for bringing accountability into AI.

Fortune

The Southeast Asia 500 has a new engine: Vietnam

Thailand and Indonesia have the most companies on the list. But Vietnam is responsible for roughly a quarter of this year's total revenue growth.

Fortune

UFC fighters at the White House got paid with Trump family stablecoins—but an ethics expert says a gap in the law allows this

The use of USD1 for UFC bonuses exposes how presidential exemptions from key ethics rules blur the line between public duty and private profit.

International Business Times UK

Why Claude Fable 5 Was Banned Worldwide Just 72 Hours After Becoming the Most Powerful AI Ever Released to the Public

The US government ordered Anthropic to disable its AI models, Fable 5 and Mythos 5, due to security concerns, following Amazon's warning about potential cyberattack risks.

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