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Big Tech Sam Altman and Jony Ive formed a dream team to reinvent hardware. Now it’s at the center of a battle for OpenAI’s future

Betting that a new breed of tech gadgets will give it an edge over its AI rivals, the ChatGPT maker tapped Apple’s former design guru last year. A legal fight with Apple is just one of the challenges now facing OpenAI in its hardware quest.

By Emily Forlini and Sebastian HerreraJuly 22, 2026

L-R: Elon Musk and Ray Dalio.

Ray Dalio warned Elon Musk against betting all his money on Mars exploration: The SpaceX CEO said there was ‘no need’ for a backup plan

By Eleanor PringleJuly 22, 2026

Photo: Sam Altman

AI world stunned by OpenAI model that secretly escaped secure environment and hacked into a rival company

By Jim EdwardsJuly 22, 2026

After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO

After SpaceX’s $2 trillion debut, investors are eyeing Anthropic and OpenAI. Market experts share how to play the next trillion-dollar IPO

By Amanda GerutJuly 22, 2026

Current price of gold as of July 22, 202614 minutes ago

Trump’s third tariff tantrum piles more dizzying distractions on top of ever-spiraling failures18 minutes ago

We got California to intervene about OpenAI’s corporate switch from nonprofit status. It’s time for the SEC to come to the table48 minutes ago

Beyond SpaceX: Why great IPOs depend on more than first-day demand56 minutes ago

Doug Proctor (left) and Nick Perry (right)

Startups & Venture

Candid Health raises $120 million to take on America’s $280 billion medical billing mess

By Lily Mae LazarusJuly 22, 2026

Hugging Face CEO Clément Delangue (center) on Capitol Hill on September 13, 2023 in Washington, D.C. (Photo: Chip Somodevilla/Getty Images)

OpenAI: Our models accidentally compromised Hugging Face

By Andrew NuscaJuly 22, 2026

George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did

George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did

By Sydney LakeJuly 22, 2026

OpenAI CEO Sam Altman looking up.

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

By Jeremy Kahn and Emily ForliniJuly 21, 2026

Samsung’s North America CEO says the smartphone is just an entry point to ambient AI of the home

By Diane BradyJuly 22, 2026

Panera founder and Cava chairman Ron Shaich bets $100 million on Level99, bringing his restaurant industry playbook to entertainment

Panera founder and Cava chairman Ron Shaich bets $100 million on Level99, bringing his restaurant industry playbook to entertainment

By Catherina GioinoJuly 22, 2026

The American Heart Association has a new number for daily coffee—and a warning if you go over it

The American Heart Association has a new number for daily coffee—and a warning if you go over it

By Orianna Rosa RoyleJuly 22, 2026

math

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

By Eva RoytburgJuly 21, 2026

CFO DailyBy Sheryl Estrada

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Beyond SpaceX: Why great IPOs depend on more than first-day demand

MarketsBy Jim Edwards

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AI world stunned by OpenAI model that secretly escaped secure environment and hacked into a rival company

CEO DailyBy Diane Brady

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Samsung’s North America CEO says the smartphone is just an entry point to ambient AI of the home

Fortune TechBy Andrew Nusca

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OpenAI: Our models accidentally compromised Hugging Face

Eye on AIBy Jeremy Kahn

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A FINRA for AI? The idea from Google DeepMind CEO Demis Hassabis is gaining momentum. But is it any good?

MPW DailyBy Emma Hinchliffe

alt

Exclusive: Twin sisters built GlossGenius into the latest female-founded unicorn. Now they’re debuting AI for small businesses far beyond beauty

Arrakis cofounder and CEO Rafael Quintanilla.

Startups & Venture

Exclusive: Arrakis, betting AI’s biggest payoff is in industrial sectors not office work, emerges from stealth with $38 million in venture funding

By Jeremy KahnJuly 22, 2026

Manpower President: The future of work question that even CEOs can’t answer

By Becky FrankiewiczJuly 22, 2026

Confessions of an award-winning AI memoirist — the ‘slop’ debate isn’t really about good writing, and you know it

By Luke StoffelJuly 22, 2026

nela

Exclusive: Stanford and ADP have new payroll data on Gen Z women losing ground to men in the job market—and AI isn’t the main culprit

By Nick LichtenbergJuly 22, 2026

Term Sheet podcast

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32:18

How this multi-millionaire investor spots billion-dollar ideas | Term SheetJune 24, 2026

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52:39

The Investor Who Bet on SpaceX, OpenAI and Anthropic Before You Could | Term SheetJune 11, 2026

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39:45

Investment bankers built a $2B AI to replace themselves | Term SheetMay 28, 2026

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35:05

This creator investor on the truth about the AI gold rush | Term SheetMay 13, 2026

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36:25

From a Palo Alto closet to $1 billion revenue: how Gusto cracked small business software | Term SheetMay 7, 2026

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32:23

How to raise a CEO: The "Godmother of Silicon Valley" Esther WojcickiApril 22, 2026

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29:01

The Startup Fighting to Save the American Farm with Modern FinanceApril 8, 2026

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51:28

How Winston Weinberg built his $11 billion AI Company | Term SheetMarch 18, 2026

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26:02

Why revenue is an outdated metric | Term SheetFebruary 18, 2026

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39:10

Chemistry cofounder: "more talented founders than ever" are moving into health care | Term SheetFebruary 4, 2026

Manpower President: The future of work question that even CEOs can’t answer

By Becky FrankiewiczJuly 22, 2026

Confessions of an award-winning AI memoirist — the ‘slop’ debate isn’t really about good writing, and you know it

By Luke StoffelJuly 22, 2026

nela

Exclusive: Stanford and ADP have new payroll data on Gen Z women losing ground to men in the job market—and AI isn’t the main culprit

By Nick LichtenbergJuly 22, 2026

George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did

George Soros never signed the Giving Pledge. He’s given away more of his fortune than the billionaires who did

By Sydney LakeJuly 22, 2026

From the Magazine

Magazine The American Dream according to Bill Ackman

The billionaire investor on reviving Americans’ faith in capitalism—and the family crisis reshaping his legacy.

By Jeff John RobertsJuly 20, 2026

Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis

Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis

By Eleanor PringleJuly 3, 2026

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

By Emma HinchliffeMay 27, 2026

Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

By Claire ZillmanMay 27, 2026

Why the AI field’s biggest names are betting billions on ‘world models’

Why the AI field’s biggest names are betting billions on ‘world models’

By Sharon GoldmanMay 20, 2026

Current price of oil as of July 22, 2026

Personal Finance

Current price of oil as of July 22, 2026

By Joseph HostetlerJuly 22, 2026

UN’s worst-case scenario: Energy and fertilizer shock from Iran war could push nearly 19 million more into chronic hunger by 2030

UN’s worst-case scenario: Energy and fertilizer shock from Iran war could push nearly 19 million more into chronic hunger by 2030

By Mia OsmonbekovJuly 21, 2026

fuel

Trump’s $3.47 ‘Freedom Fuel’ gas network leans on an NFL kicking coach, a GOP fundraiser and a N.J. entrepreneur with a fuel theft rap sheet

By Brian Slodysko, Michael Biesecker, Josh Boak and The Associated PressJuly 21, 2026

What I keep hearing from Fortune 500 CEOs: ‘We have no idea what we’re actually paying for power’

By Kiran BhatrajuJuly 21, 2026

Fortune Rankings

Fortune Southeast Asia 500

Fortune Southeast Asia 500

By FortuneJune 15, 2026

By FortuneJune 3, 2026

Most Powerful Women

By FortuneMay 27, 2026

Fortune 100 Best Companies to Work For

Fortune 100 Best Companies to Work For

By FortuneApril 1, 2026

A woman observes stock trends on her smartphone while a computer screen displays financial graphs.

Beyond SpaceX: Why great IPOs depend on more than first-day demand

By Sheryl EstradaJuly 22, 2026

Arrakis cofounder and CEO Rafael Quintanilla.

Startups & Venture

Exclusive: Arrakis, betting AI’s biggest payoff is in industrial sectors not office work, emerges from stealth with $38 million in venture funding

By Jeremy KahnJuly 22, 2026

Manpower President: The future of work question that even CEOs can’t answer

By Becky FrankiewiczJuly 22, 2026

Confessions of an award-winning AI memoirist — the ‘slop’ debate isn’t really about good writing, and you know it

By Luke StoffelJuly 22, 2026

From Pilot to Profit

AI AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026

Artistic drawing of two employees using several tools at once

Why dbt Labs CEO views AI efficiency and creativity as the same thing

By Sage LazzaroJune 9, 2026

Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind

Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind

By Sage LazzaroJune 9, 2026

Artistic rendering of complex systems being simplified by two workers

How Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large

By Sage LazzaroJune 9, 2026

Artistic rendering of a hacker trying to gain access to a worker's computer

AI is supercharging cyberattacks—and most companies aren’t ready

By Beatrice NolanJune 9, 2026

The American Dream according to Bill Ackman

The American Dream according to Bill Ackman

By Jeff John RobertsJuly 20, 2026

Photo: Asha Sharma

Exclusive: Xbox’s CEO on 3,200 layoffs, four studios cut, and her blunt warning that ‘we spread ourselves too thin’

By Sebastian HerreraJuly 6, 2026

David Senra poses in a black shirt in front of bookshelves

Startups & Venture

How David Senra built the podcast the world’s most powerful CEOs can’t stop listening to

By Lily Mae LazarusJuly 5, 2026

Nike’s self-inflicted wounds are risking CEO Elliott Hill’s nascent comeback

Nike’s self-inflicted wounds are risking CEO Elliott Hill’s nascent comeback

By Phil WahbaJuly 4, 2026

Mortgage rates today, July 22, 2026

Personal Finance

Mortgage rates today, July 22, 2026

By Glen Luke FlanaganJuly 22, 2026

Current refi mortgage rates report for July 22, 2026

Personal Finance

Current refi mortgage rates report for July 22, 2026

By Glen Luke FlanaganJuly 22, 2026

Current ARM mortgage rates report for July 22, 2026

Personal Finance

Current ARM mortgage rates report for July 22, 2026

By Glen Luke FlanaganJuly 22, 2026

HUD suspends disaster funding to U.S. Virgin Islands housing authority, saying mismanagement has kept $1.3 billion from hurricane survivors

By Danica Coto and The Associated PressJuly 21, 2026

Great Place to Work Rankings

Best Workplaces in Chicago

Best Large Workplaces in Chicago

By FortuneJune 16, 2026

Best Workplaces in New York

Best Large Workplaces in New York

By FortuneJune 9, 2026

Best Workplaces in Texas

25 Best Large Workplaces in Texas

By FortuneJune 2, 2026

Best Workplaces in The Bay Area

25 Best Large Workplaces in the Bay Area

By Fortune EditorsMay 26, 2026

TariffsBy Jeffrey Sonnenfeld and Steven Tian

Trump’s third tariff tantrum piles more dizzying distractions on top of ever-spiraling failures

OpenAIBy Orson Aguilar and Catherine Bracy

We got California to intervene about OpenAI’s corporate switch from nonprofit status. It’s time for the SEC to come to the table

the future of workBy Becky Frankiewicz

Manpower President: The future of work question that even CEOs can’t answer

booksBy Luke Stoffel

Confessions of an award-winning AI memoirist — the ‘slop’ debate isn’t really about good writing, and you know it

Human resourcesBy KeyAnna Schmiedl

The CEO who fired HR was right. About the wrong thing.

powerBy Kiran Bhatraju

What I keep hearing from Fortune 500 CEOs: ‘We have no idea what we’re actually paying for power’

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