The Latest Breaking News from Fortune

'I am not anti-AI governance—but SB-1047 falls short of standards,' writes Fei-Fei Li.

"The ‘Wall of Worry’ certainly has a broad enough foundation currently,” Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers, said.

Another cut of 75 basis points should come at the Fed’s next meeting in September, he added.

The startup, now worth $2.8 billion, develops chips that specialize in speeding up AI "inference" and offers the compute power through its own AI cloud service.

The unprecedented transfer of wealth to women is projected to reach $30 trillion in the next decade—and it will change the face of philanthropy.

“[T]his market volatility is mostly a global carry trade unwind and a reevaluation of the AI hype,” Jim Smigiel, chief investment officer at SEI, argued Monday.

The pressure to love your work has been heating up since the seminal 2005 commencement speech at Stanford University by late Apple founder Steve Jobs

Savvy has raised $15.5 million in an additional round led by Canvas Ventures, closing the startup’s Series A at $26.5 million, Fortune can exclusively report. Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund, and Alumni Ventures, all existing investors, also participated in the round.

"The bottom line is that the weaker-than-expected July employment report led us to change our baseline expectation for the first Fed to September."