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The Latest Breaking News from Fortune

Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace, said Tesla cofounder and Redwood Materials boss JB Staubel at the Fortune Brainstorm Tech conference.

Fortune

FIFA says 'market rates' explain World Cup prices. Economists say the market was rigged by design

FIFA launched its own resale marketplace and collects 30% on every ticket resold. Economists say it was designed to extract revenue at every stage.

Fortune

‘Getting control where we can’: Europe wants sovereign AI, but most of the chips are from the U.S.

At Fortune Brainstorm Tech, Mistral’s Timothée Lacroix made the case for European control over the AI stack.

Fortune

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Anthropic releases its first Mythos-class model to the public

Anthropic first announced Mythos in April, calling it a “step change” in capabilities, but opted to tightly control its rollout through an initiative called Project Glasswing.

Fortune

'We are rapidly running out of time' Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

Trustees now project the retirement fund will be depleted in 2032 and the combined system in 2034, putting pressure on the 2026 Senate class to act.

Fortune

Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

Fortune

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

Matt Damon teamed up with Water.org and companies like Starbucks, Gap and Amazon to donate portions of their profit to the organization.

Fortune

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This CEO keeps going viral for thirst-trapping journalists with $200k jobs to be head of content. Yes, he’s trying to prove a point

Stacker CEO Noah Greenberg helps "brand journalists" distribute their content into newsrooms and platforms across the media. But is it journalism?

Fortune

The man behind Claude Code says you're comparing AI costs to the wrong thing

Boris Cherny says most companies are asking the wrong question when evaluating AI investment.

Fortune

The CEO playbook for a more dangerous world

Also: All the news and watercooler chat from Fortune.

Fortune

Anduril CEO Brian Schimpf says economic warfare is the 'new normal' for military conflicts—and the U.S. needs to get serious

The defense tech CEO told Fortune that America’s biggest vulnerability may not be on the battlefield—but in its factories and supply chains.

Fortune

Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming

Dan Clancy, CEO of the Amazon-owned company, spoke at Fortune Brainstorm Tech in Aspen on Monday.

Fortune

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

“Don’t read too much into it,” one international trade expert said. “See, this isn’t serious.”

Fortune

SpaceX’s IPO Has Wall Street Worried

Wall Street is worried about an AI bubble as SpaceX readies its massive IPO this week. Maybe regular people should be concerned? A new report from Fortune crystalizes those concerns for the larger masses. They said that investors were selling off stocks this morning as oil prices rose and strikes…

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Fortune

'We may be flying blind': AWS wants to fix the problem of AI agents straying off task

A paper from Amazon Web Services warns that unsupervised agents tend to reason themselves into trouble.

Fortune

Spotify’s secret to winning the hiring war? Keep your talent moving and growing

External hiring is no longer a reliable way to build capability. Spotify’s answer: create an internal talent marketplace that keeps top performers moving—and staying.

Fortune

Exclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year

It's harder to get a Goldman Sachs internship than to get accepted into Harvard, MIT or Stanford.

Fortune

Snowflake CEO says there's a big myth at the heart of every org chart

Also: All the news and watercooler chat from Fortune.

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Fortune

Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

With Gen Z students struggling to read, academics have been forced to adapt—a move critics describe as “coddling” the next generation of workers.

Fortune

This Gen Zer got reprimanded at Goldman for making cake videos as the ‘Investment Baker.’ She quit her job and is building a dessert empire

Allison Sheehan left her full-time job as a Wall Street wealth manager to scale her cake business, with a CPG brand on the horizon: Alleycat Baking Co.

Fortune

High-earning millennials and Gen Zers feel broke and conflicted: 'I make a good salary, I shouldn't be struggling this much'

Just 16% of U.S. adults say they feel financially fulfilled, and experts say the anxiety gripping everyone else often has little to do with what's actually in their bank accounts.

Fortune

This realtor is betting big on the AI IPO boom, but buying a house with stock will have to go through the OpenAI and Anthropic's boards first

In a tight housing market, some Bay Area homesellers believe exchanging their houses for stock will benefit asset-rich tech workers. But those transactions are subject to board approval.

Fortune

How Howie Mandel turned a panic attack into a mental health movement and helped build a company now worth hundreds of millions

Howie Mandel did a campaign with NOCD, a telehealth app to help spread awareness of OCD. Out of that campaign, Billy Bob Thornton and "celebrity galore" reached out.

Fortune

The Seattle Storm used to be the ‘tail’ on the ‘dog’ of its NBA counterpart. Now the WNBA team is leading the city’s basketball revival

“It's the Sonics and the Storm; it's the Storm and the Sonics,” team co-owner Ginny Gilder said. “It's bread and butter, apple pie and vanilla ice cream. They belong together.”

Fortune

These 12 Fortune 500 companies have survived wars, crashes, and over 200 years of U.S. history

Most companies fail within five years—but Molson Coors, Cigna, and JPMorgan Chase have survived for more than 200. Their playbook: Pick the right business—and avoid disaster.

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