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The Latest Breaking News from Fortune

Microsoft, freed from its reliance on OpenAI, is now chasing ‘superintelligence’—and AI chief Mustafa Suleyman wants to ensure it serves humanity

Microsoft follows Meta in rebranding its advanced AI efforts as “superintelligence.” But Suleyman says Microsoft’s “humanist” approach means it will try to ensure superpowerful AI “doesn’t harm us.”

Fortune

Delta CEO Ed Bastian rejected a mentor’s advice on how to run the $38 billion airline

Delta CEO Ed Bastian says he reads through thousands of customer emails while flying in coach.

Fortune

The best way to test the 'Musk magic premium' may be to give Elon Musk everything he wants

Also: All the news and watercooler chat from Fortune.

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Novo Nordisk wants to keep its crown leading the weight-loss drugs pack. Despite outlook downgrades and lawsuits, its CFO has a plan

“The ultimate defense in our industry is in innovation,” Karsten Munk Knudsen told Fortune in an exclusive interview.

Fortune

WeRide’s CEO pitches robotaxis as a solution to aging populations and long commutes, as the firm raises more money for R&D with an HK IPO

CEO Tony Han talks about Chinese investors, self-driving cars as a social good, and why companies like Uber are turning to Chinese robotaxi partners.

Fortune

Ulta Beauty CEO Kecia Steelman says she has the best job ever: 'My job is to help make people feel really good about themselves'

"I could think of a lot worse jobs out there than that," Steelman told Fortune.

Fortune

IBM's CEO admits Gen Z's hiring nightmare is real—but after promising to hire more grads, he’s laying off thousands of workers

IBM’s CEO Arvind Krishna promised Gen Z he would hire more college grads and be the “opposite” of companies like Amazon laying off workers. Days later, he's giving thousands the pink slip.

Fortune

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OpenAI’s new AI safety tools could give a false sense of security

OpenAI has open-sourced two AI safety classifiers that let enterprises more easily set their own guardrails. Experts say the move could improve transparency but also create new risks.

Fortune

KPMG’s new CEO joined as an intern 33 years ago. Now he wants to lure Gen Z back with a new office outfitted with moody lounges and a barista bar

KPMG is shrinking its New York footprint by 40% and betting on design—not mandates—to bring employees back to the office.

Fortune

Crypto venture firm CMT Digital raises $136 million for fourth fund

The Chicago-based company has backed crypto stalwarts like stablecoin giant Circle and blockchain-based lender Figure.

Fortune

Ulta Beauty CEO Kecia Steelman went from earning $8 an hour to running the U.S.'s largest beauty retailer

Also: All the news and watercooler chat from Fortune.

Fortune

Meet the power broker of the AI age: OpenAI's 'builder-in-chief' helping to turn Sam Altman's trillion-dollar data center dreams into reality

Greg Brockman is OpenAI's master builder, steering a $1.4 trillion infrastructure buildout with stakes that go far beyond the tech sector.

Fortune

Roelof Botha steps aside as Sequoia’s steward, passing the role to Alfred Lin and Pat Grady

After nearly a decade at the helm of Sequoia Capital, Roelof Botha will step aside as steward of the legendary Silicon Valley VC firm.

Fortune

IBM’s CEO disagrees with JPMorgan CEO Jamie Dimon’s disdain for texting in meetings: ‘Telling people they can't use their technology would be weird’

Jamie Dimon calls checking your email during a meeting disrespectful—but IBM’s CEO says he doesn’t care, depending on the number of people in the room.

Fortune

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Some CEOs have vowed to revolt against a Zohran Mamdani win. Jamie Dimon says he'll 'call him and offer my help'

Also: All the news and watercooler chat from Fortune.

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Why AI shouldn’t entirely decide promotions and raises—and where the human touch matters

At our Fortune Global Forum, economics and geopolitical tensions were hot topics, but the future of the workforce and workplace also came up in many conversations.

Fortune

Why corporate executives shouldn’t ignore their own AI upskilling

Executives who fail to focus on their own learning risk falling behind the very technologies they champion.

Fortune

Trump takes center stage at APEC–yet Asia’s business leaders are optimistic that multilateralism will prevail

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Exclusive: Airwallex crosses $1 billion in annualized revenue as fintech unicorn takes on U.S. competitors like Ramp and Stripe

Airwallex cofounder and CEO Jack Zhang says the company is growing 90% year over year after expanding into the U.S. and Europe.

Fortune

I spoke to Bill de Blasio about being cloned—and what public figures can do when AI fakes strike: 'All you can do is go online and deny what it is'

In a world full of online impersonators, deepfakes, trading scams, ChatGPT writing essays, and AI-curated images, a growing number of people are now asking, “is that real, or AI?”

Fortune

This founder went from designing Happy Meal toys to making prosthetic skulls for a living—and her company now rakes in $20 million a year

Entrepreneur Nancy Hairston founded 3D medical-design company MedCAD after designing McDonald’s Happy Meal toys and Bratz dolls—and her products are changing lives.

Fortune

In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever-stricter legal terms for debt-ridden companies

For instance, the level of so-called lien subordination protection has doubled in a year.

Fortune

United and American Airlines beg Congress to end shutdown ahead of busy holiday season as air traffic controllers work overtime without pay

“It's putting stress on people. It's not fair to those people. It's also putting stress on the economy,” United Airlines CEO Scott Kirby said.

Fortune

Crypto’s second wave of ETFs arrives, investors snap up new Solana offering

New Litecoin and Hedera ETFs also launched, but to more modest demand.

Fortune

Yesterday’s bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025

No major central banks are expected to cut rates again this year, BofA predicts.

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