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The Latest Breaking News from Fortune

'Shark Tank' Star Kevin O'Leary's Main Motivation Is Proving His Haters Wrong, Not Making Money

"Shark Tank" investor Kevin O'Leary has a simple secret for staying motivated: he loves proving people wrong. "I just love it when people tell me, ‘Oh, you can't do this, you can't do that,'" O'Leary recently told Fortune.

Benzinga

'Artificial stupidity' made AI trading bots spontaneously form cartels when left unsupervised, Wharton study reveals

AI bots told to act as trading agents in simulated markets engaged in pervasive collusion, raising new questions about how financial regulators have previously addressed this tech.

Fortune

Why Index’s Danny Rimer bet on Figma and Dylan Field at the seed stage

Index Ventures’s Danny Rimer—whose investments also include Etsy, Dropbox, Discord, and Dream Games—led Figma’s 2013 seed round.

Fortune

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Anthropic CEO Dario Amodei escalates war of words with Jensen Huang, calling out 'outrageous lie' and getting emotional about father's death

Amodei’s impassioned defense was rooted in a personal revelation about his father's death, which he says fuels his urgent pursuit of beneficial AI while also driving his warnings about its risks.

Fortune

We're about to see a $1 trillion 'super-cycle' of investment in batteries to power the grid for AI

Large-scale battery storage is critical to meeting surging power demands.

Fortune

Global warming and CEO leadership (but make it funny!)

Also: All the news and watercooler chat from Fortune.

Fortune

AI keeps getting more powerful, making it harder to judge how smart models actually are

Stanford’s Russell Wald shared a few highlights of this year’s AI Index at Fortune Brainstorm AI Singapore.

Fortune

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HPE's merger with Juniper Networks was approved by the White House for national security reasons: source

The feeling was that a combined HPE-Juniper offering would act as a “bulwark” against Huawei in markets where the Chinese company might otherwise be more dominant.

Fortune

Warren Buffett's Berkshire Hathaway and Zillow say mortgage rates can't fall enough for Americans to afford a home

Mortgage rates are approaching 7%, but one Zillow analyst says even a 0% interest rate still wouldn't make a typical home affordable in some areas.

Fortune

Hermès CEO says the booming Birkin resale market prevents the luxury brand from serving its 'real customers': 'It doesn't make me feel in a good mood'

The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.

Fortune

TripAdvisor's ex-CEO admits he’s often ghosted on LinkedIn since stepping down—but a career expert says it could be a ‘blessing in disguise’

Tripadvisor’s former CEO, Steve Kaufer, has been on the receiving end of radio silence for years. A career expert says there are four ways to make the most of silent rejection.

Fortune

Accenture CEO Julie Sweet learned leadership from her father

The CEO's childhood lesson has also powered Accenture, No. 211 on the Global 500.

Fortune

Indonesia bets a new sovereign wealth fund will finally unlock its potential

Rosan Roselani, Danatara CEO and ally of president Prabowo Subianto, needs to streamline Indonesia's lumbering state-owned giants.

Fortune

Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might have been on the cards

Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.

Fortune

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Fortune

Bill Gates' $645 million superyacht, the first ever to be powered by hydrogen, is for sale. A yachtie calls it 'a modern engineering marvel, period'

The Microsoft cofounder reportedly commissioned the superyacht a few years ago.

Fortune

Warren Buffett’s advice to Brooks CEO: ‘Make sure the brand is stronger at the end of the year than it was at the beginning’

Also: All the news and watercooler chat from Fortune.

Fortune

61% of white collar workers think AI will replace their current role in 3 years—but they're too busy enjoying less stress to worry right now

Fears of AI's takeover are being balanced out by something sweeter: better work-life balance, flexibility, and productivity.

Fortune

AI and robots can help the world grow more food—even if they're still not quite as good as a human farmer

Even "simple advice" from AI can help farmers, argues Feroz Sheikh, Syngenta's chief information and digital officer.

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Fortune

Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut

The Fed cited the economy’s resilience as part of its motivation for maintaining rates.

Fortune

Starbucks ends 6-year Gen Z experiment after finding proof that human connection is better

The "frictionless" experience that Gen Z supposedly wanted turned out to be a bit "soulless" instead.

Fortune

Eventbrite’s CEO walked away from Hollywood to build a $225 million ticketing company with her own money: ‘If it's a disaster, we'll just be broke’

Exclusive: Eventbrite CEO and cofounder Julia Hartz launched the company in a windowless closet with her two cofounders for less than $250,000, after leaving her career behind working on Friends, Jackass, and The Shield.

Fortune

Gen Z can retire as millionaires, ‘Shark Tank’ star Rashaun Williams says—they just need to quit doom spending and follow his 3 tips

Gen Z is watching boomers unretire and doom spending their money in despair—but seven-figure wealth is entirely achievable, the multimillionaire ‘Shark Tank’ star Rashaun Williams tells Fortune.

Fortune

Why Salesforce CEO Marc Benioff doesn't seen a white collar jobs apocalypse despite big gains from AI agents

Benioff says AI agents do 30% to 50% of the work within Salesforce, but the tech isn't reliable enough to take humans out of the loop

Fortune

Trump has given Powell 'no motivation to cooperate' says former White House commerce secretary—he might now be paying the price for it

Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.

Fortune

The CEO of Brooks Running believes 'if you put one foot in front of the other, you're our customer'

Brooks Running "has a big tent to invite many people in," CEO Dan Sheridan told Fortune. "More people are investing in themselves through health and wellness."

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