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The Latest Breaking News from Fortune

How Salient, an AI loan processing startup valued at $500 million, grew ARR to $25 million in two years

Salient cofounder Ari Malik built AI to automate loan servicing, turning collections calls into a high-growth business now valued around $500 million.

Fortune

Trump says $1,776 'warrior dividends' were made possible partly by tariff revenue, which still lags $100 billion behind what the White House expected

The one-time check to military personnel will cost the administration $2.6 billion.

Fortune

OpenAI is a house still under construction—but no one agrees what it’s made of

Trillions of tokens, billions in compute, and a company racing in multiple directions—critics and boosters alike debate whether OpenAI’s breakneck expansion rests on a solid foundation or something shakier.

Fortune

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Her two Gen Z children have starred in her films, but Oscar award-winning actress Kate Winslet says nepo baby allegations are ‘silly’

Actress Kate Winslet’s Gen Z children are following in her footsteps in Hollywood—but she’s adamant the Winslet name isn’t opening any doors for them.

Fortune

As graduates face a ‘jobpocalypse,’ Goldman Sachs exec tells Gen Z they need to know their commercial impact

With graduate unemployment at decade highs, Wall Street execs say Gen Zers need to know what they bring to the table—literally.

Fortune

PayPal CEO Alex Chriss says stablecoins will be key as his company navigates the ‘classic innovator's dilemma’

The nearly-three-decade-old firm is incorporating dollar-backed tokens across its business verticals, say PayPal executives.

Fortune

Top AI defense CEO sees China planning for a 'very protracted conflict' and the U.S. running out of weapons in 7 days

U.S. weapons systems are also likely difficult to mobilize in case of a conflict.

Fortune

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'They took all of our oil not that long ago. And we want it back': Trump demands Venezuela return seized assets

U.S. oil companies dominated Venezuela's petroleum industry until the the 1970s and then under Nicolás Maduro and his predecessor, Hugo Chávez.

Fortune

A 24-year-old CEO convinced his parents to open a custodial account in second grade. He fears meme stocks inflate Gen Z’s dreams of getting rich quick

A recent survey led by his company shows the majority of Gen Zs believes investing is a better way to reach their financial goals than a nine-to-five job, even if they don’t know how it works.

Fortune

Trump goes nuclear: The president's tech and media umbrella will merge with a fusion reactor developer in a deal valued north of $6 billion

Devin Nunes, the former congressman who leads Donald Trump's media and tech businesses, including Truth Social, will become co-CEO after the merger.

Fortune

LinkedIn CEO says it’s 'outdated' to have a five-year career plan: It’s a 'little bit foolish' considering the pace AI is changing the workplace

"I would much recommend people focus on maybe the next few months," Ryan Roslansky said.

Fortune

New York rent is so expensive this hybrid-working intern commuted by plane once a week—and it saved her thousands

Sophia Celentano's extreme weekly commute to Newark from South Carolina went viral on TikTok.

Fortune

IT service is reaching its breaking point. At Salesforce, we see 3 tipping points

The model is cracking and needs to be reimagined.

Fortune

Gen Z is on the fence about AI in the classroom. That’s a good thing

For all the handwringing about an “AI-fueled decline in learning,” teenagers may actually understand the stakes better than adults think.

Fortune

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Fortune

Our data shows that companies of 500 and fewer workers mostly avoided the AI layoffs. They're making AI work for them

The Upwork Research Institute has identified a segment of companies maneuvering differently, poised to overtake enterprise in innovation and resilience.

Fortune

AI governance becomes a board mandate as operational reality lags

Fortune 500 companies are racing to formalize AI oversight.

Fortune

Want a job in AI-era tech? Forget prestigious degrees—tech leaders want to see your GitHub projects and internships

As entry-level tech hiring slows, one CEO warns avoiding AI skills would be like “taking crazy pills”—and says Gen Z must show real proof of ability.

Fortune

North Korea stole a record amount of crypto—again: report estimates its hackers’ 2025 haul at $2 billion

The country has now pilfered about $7 billion in crypto all-time.

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Fortune

This U.K. startup's AI platform could slash the cost of CAR-T therapy and other cell-based medicines

CellVoyant says its FateView platform can reduce the cost of producing viable cells for therapy by up to 80%

Fortune

The American voter is angry about one thing above all and Trump's tariffs are in the crossfire, Goldman's chief political economist says

Cost of living is the issue driving the midterms. Trump calls affordability a "hoax" when Democrats say it, but his tariff regime is showing cracks.

Fortune

Exclusive: Notion Capital leads $20 million seed round for startup automating building MEP design

Endra says it can reduce the time needed to design electrical systems from months to hours.

Fortune

Rivian CEO says midprice EV sales are still 50% Tesla: 'That's not a reflection of a healthy market'

Lackluster demand for electric cars in the U.S. isn’t because Americans don’t want them, RJ Scaringe said. There’s just few good options.

Fortune

‘Big Short’ investor Michael Burry piles misery onto tech stocks after Oracle fails to close AI debt deal

Of course, Burry has a conflict of interest in the form of a $1.1 billion short bet against AI stocks. So take his doom-mongering with a pinch of salt.

Fortune

Elon Musk says there will be ‘no poverty’ in the future, meaning Ray Dalio’s multi-million pledge to Trump Accounts would be essentially redundant

"It is certainly a nice gesture," Musk said. "But there will be no poverty in the future and so no need to save money."

Fortune

Federal investigation underway after Nevada’s safety regulator dropped violations against Boring Co.

Lawyers and regulators say the Nevada state agency’s handling of the safety investigation went against procedure.

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