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The Latest Breaking News from Fortune

Who is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,’ sees ‘political bias’ in jobs data, and suggested firing Powell over a renovation

“If you’d asked me a year ago, I would have said I think Kevin would be a good pick. I wouldn’t say that today. Kevin has been incredibly dishonest.”

Fortune

How a park bench meeting led to Aflac’s $200 million mascot idea

“Quack, quack, Aflac became the idea,” CEO Dan Amos told Fortune. The adoption of the avian mascot has coincided with a 621% run-up in share price.

Fortune

Elon Musk, fresh off securing a $1 trillion pay package, says philanthropy is 'very hard'

Musk’s giving style differs greatly from that of other billionaires.

Fortune

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How a data and tech strategy fueled DoorDash’s rise

A new Fortune feature offers a deep dive into the company.

Fortune

DoorDash CEO Tony Xu outmaneuvered meal delivery rivals by obsessing over his customer

Also: All the news and watercooler chat from Fortune.

Fortune

Insiders say the future of AI will be smaller and cheaper than you think

Bigger is not necessarily better, these execs say.

Fortune

The man behind Google Meet was raised in between cultures and languages. He sees the 'beauty of technology' making that a thing of the past

When Awaneesh Verma was a kid, he liked the idea of meeting people in different cultures and them truly understanding each other. He had no idea.

Fortune

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Why the economy has that ‘weird feeling of something you like getting worse’: One of America’s top legal theorists on ‘the age of extraction’

“My understanding of America is that it’s the place where things are supposed to get better,” Columbia Law School’s Tim Wu told Fortune.

Fortune

This Cisco exec's 7-day weeks and 18-hour days throw his work-life balance out of whack—but he makes two things non-negotiable

Cisco’s chief product officer Jeetu Patel sometimes works 18-hour days—but he says work-life balance is never static.

Fortune

AI startup valuations are doubling and tripling within months as back-to-back funding rounds fuel a stunning growth spurt

From LLM makers OpenAI and Anthropic to specialized firms like Cursor, Harvey, and Abridge, AI startups are chaining deals together in rapid-fire succession and lifting valuations to stratospheric heights. Is this normal?

Fortune

Silicon Valley sets its sights on building the perfect baby

Tech-savvy parents to be are using IVF and screening embryos to build families in ways that were unimaginable a few short years ago.

Fortune

What the CEO of the world's largest data center company—with 273 locations in 36 countries—predicts will drive the business forward

Equinix is in the business of "designing and constructing the infrastructure that underpins the digital economy."

Fortune

The creator of an AI therapy app shut it down after deciding it’s too dangerous. Here's why he thinks AI chatbots aren’t safe for mental health

Joe Braidwood started Yara AI to democratize access to mental health services. But he grew increasingly concerned about AI technology's suitability for vulnerable people coping with issues more serious than everyday stress or sleep troubles.

Fortune

Five years after its debut, Google DeepMind's AlphaFold shows why science is AI's killer app

In five years since AlphaFold's debut, it has transformed basic biochemical research. But its long-term effect on drug discovery remains unclear.

Fortune

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Fortune

Futures and Treasuries markets on CME blacked out overnight, following a glitch at an all-important data centre

"BrokerTec EU markets are open and trading. All other CME Group markets remain halted due to a data center cooling issue at CyrusOne," CME told Fortune.

Fortune

Two Gen Zers turned down millions from Elon Musk to build an AI based on the human brain—and it's outperformed models from OpenAI and Anthropic

William Chen and Guan Wang believe they will be the first ones to build artificial general intelligence.

Fortune

Carmelo Anthony reflects on Hall of Fame career, investing wins and passing on Google and crypto: 'That's another one I should have went with my gut on'

The NBA legend talked to Fortune about his business career, his investments, NIL rights and more: "Now, I don't think these kids really enjoy that moment."

Fortune

Exclusive: Gravis Robotics raises $23M to bring AI autonomy to construction sites

The Swiss startup has raised $23 million to automate construction equipment as the industry faces a severe shortage of skilled operators and surging demand for infrastructure.

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news in one place.

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International Business Times UK

New Student Loan Relief Plan Could Erase Your Debt Faster Than Expected — Check If You're On The List

Millions of Americans could see their student loans erased faster than expected as the US government accelerates income-driven repayment forgiveness. Here's who qualifies and how to check.

Fortune

K-shaped economy and 'collective holding of breath' about the AI bubble both appear in Fed’s temperature check

The latest "Beige Book" describes a widening gap between America’s social classes, with “early signs of strain on middle-income consumers.”

Fortune

The year of the Labubu revealed the 'new consumption' trend among China's Gen Z—and now it's spreading overseas

Labubu has powered monster growth for Chinese toymaker Pop Mart and tapped into China's newfound branding power that could outlast the toy's phenomenon.

Fortune

From college dropout to Ironman CEO in 7 years, this Gen Z founder found 'no pain, no gain' from a trip to China and the Shaolin monks

Gustas Germanavicius, one of Lithuania's top Ironmen at 27 years old, told Fortune about what he learned on his trip to China: "practice makes tired."

Fortune

Tesla cofounder leads U.S. ‘urban mines’ to compete with China in battery recycling, critical minerals

Redwood Materials is building up the nation's battery recycling capabilities from coast to coast.

Fortune

Americans can’t agree on what ‘middle class’ means anymore, and they’re debating it in the comments of TikTok home tours

The “average” or “normal” home tour is fascinating, even dividing, thousands of Americans on TikTok who can’t agree on social class.

Fortune

Economist Paul Krugman says Bitcoin’s crash shows the ‘unraveling of the Trump trade’

The Trump family, with ample crypto ventures, has lost an estimated $1 billion from the monthlong cryptocurrency free fall.

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