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satya nadella
Microsoft reports are exposing AI’s real cost problem: Using the tech is more expensive than paying human employees

Companies are racing to incentivize employees to use AI. But as some companies are finding, the more employees that use the technology, the heavier the bill.

By Jake AngeloMay 22, 2026
Sam Altman standing in a lift.
The big questions looming over OpenAI’s trillion-dollar IPO
By Beatrice NolanMay 22, 2026
Musk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO
Musk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO
By Jason MaMay 22, 2026
zuckerberg
A school district’s lawsuit against Meta for mental health costs was set for trial next month. Zuckerberg settled
By Barbara Ortutay and The Associated PressMay 22, 2026
ta
They created AI nudes that got millions of views online. Now they’re being charged with crimes
By Jake Offenhartz and The Associated PressMay 22, 2026
Steve Wozniak
Steve Wozniak says he didn’t cofound Apple to ‘make money’—he only did it because he was rejected by HP 5 times, and for years his pay was just $50
By Preston ForeMay 22, 2026
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Big Tech
More in Big Tech
Kevin Warsh, U.S. President Donald Trump's nominee for Chair of the Federal Reserve, departs following his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC.
Wall Street has pretty much written off the idea of a Fed rate cut at Kevin Warsh’s first meeting

Everything you need to know before you reach the office this morning.

By Eleanor PringleMay 22, 2026
Inside the fraud-ripe feeding frenzy to snag Anthropic shares while the company remains private

The demand for Anthropic shares has proven explosive, and it’s led to some pretty wild behavior in the secondaries market.

By Allie GarfinkleMay 22, 2026
Cloudflare posted record revenue, then cut 20% of its workforce. CEO Matthew Prince says AI has made an entire category of workers obsolete

Prince said in a recent Wall Street Journal op-ed that the company would cut “measurers” while prioritizing hiring of “builders” and “sellers.”

By Jake AngeloMay 21, 2026
‘SpaceX is his new baby at the expense of Tesla’: Elon Musk’s IPO could be bad news for his EV maker, investors warns

SpaceX will reportedly allocate 30% of shares to retail investors, betting on the CEO’s loyal base of investors—and putting Tesla under more scrutiny.

By Sasha RogelbergMay 21, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
dario
‘A pressure cooker ready to explode’: The wild secondaries scramble for Anthropic shares

The secondaries market for the biggest private tech companies has gotten scorching hot, and is potentially ripe for fraud.

By Allie GarfinkleMay 22, 2026
‘It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time

Elon Musk has mandated two classes of shares, binding arbitration, and many other policies shareholder advocates hate in the Space X S-1.

By Shawn TullyMay 22, 2026
‘We do not want humans to have the same fate as dinosaurs’: SpaceX IPO reads like Hollywood fantasy version of the future

Musk’s compensation will be granted only if he maintains “a permanent human colony on Mars with at least one million inhabitants.”

By Bernard Condon and The Associated PressMay 21, 2026
Anthropic lands in London as AI-powered coding—and the anxieties around it—go mainstream

Anthropic’s top brass decamped to the U.K. this week, pitching Claude as a safer way to automate coding while engineers mull what it means for their jobs.

By Beatrice NolanMay 21, 2026
More in Startups & Venture
AI
More in AI
In this photo illustration, a Microsoft logo is displayed on a smartphone with Artificial Intelligence (AI) symbols on the background.
Inside Microsoft’s high-stakes push to win back its AI lead

A new Fortune feature takes readers inside Microsoft’s plan for a comeback.

By Sheryl EstradaMay 22, 2026
I’ve led companies through every major tech disruption. AI washing is the same mistake, every time

Leaders using AI to justify workforce cuts are missing the real opportunity to build more capable organizations.

By Himanshu PalsuleMay 22, 2026
Prakash Arunkundrum, HP’s first-ever chief strategy and transformation officer, bets edge AI will help companies ‘bring the token cost down’

AI PCs are helping to drive HP’s sales, even as higher memory costs are starting to erode margins.

By Angelica AngMay 21, 2026
Top economist Tyler Cowen on the biggest problem of the AI age: not mass unemployment but adjusting to a new reality

“I think for the vast majority of Americans, it will actually feel more normal, maybe happier,” Cowen said. But lawyers and bankers are in for a shock.

By Nick LichtenbergMay 22, 2026
More in AI
Innovation
More in Innovation
Anu Madgavkar, a partner at the McKinsey Global Institute
McKinsey partner says up to 50% of work hours could be transformed within the next 5 years

Anu Madgavkar, a partner at the McKinsey Global Institute, predicts that up to half of professionals’ working lives could be transformed by the turn of the decade.

By Emma BurleighMay 21, 2026
SpaceX’s IPO filing is full of surprises

SpaceX’s long-awaited IPO prospectus was revealing. Here are some key takeaways.

By Allie GarfinkleMay 21, 2026
A ‘proudly autistic’ workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas

Daniel Wendler says most companies are unknowingly suppressing their neurodivergent workers — and leaving a serious competitive advantage behind.

By Tristan BoveMay 20, 2026
Elon Musk’s proposed pay package in SpaceX’s IPO filing reveals what the company actually is: a $1 trillion monster built to colonize Mars

‘We do not want humans to have the same fate as dinosaurs,’ the prospectus reads.

By Eva RoytburgMay 20, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
malaysia
Malaysia slams ‘grossly offensive, false, menacing and insulting’ TikTok memes about its king

The commission warned it would continue to take “firm and proportionate action” to ensure digital platforms comply with their responsibilities.

By The Associated PressMay 21, 2026
Minnesota fraudster at center of $250 million scam, controversial ICE crackdown sentenced to 42 years

“I understand I failed. I failed the public, my family, everyone,” Aimee Bock said in federal court.

By Tim Sullivan and The Associated PressMay 21, 2026
Pope Leo launches an AI commission days before he releases a papal letter alongside Anthropic cofounder Christopher Olah

The pope will unveil his first papal encyclical next week alongside an Anthropic cofounder, just as he remains vocal against the use of AI worldwide.

By Catherina GioinoMay 18, 2026
Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk

The complaint follows a parent who lost her son to people who groomed him on the platform.

By Catherina GioinoMay 20, 2026
More in Cybersecurity
Latest Stories
Walmart shoppers are filling their gas tanks with less than 10 gallons for the first time since 2022, and its CFO calls it ‘an indication of stress’
EconomyWalmart shoppers are filling their gas tanks with less than 10 gallons for the first time since 2022, and its CFO calls it ‘an indication of stress’
By Marco Quiroz-GutierrezMay 22, 2026
The health benefits of saunas: backed by research and experts 
HealthThe health benefits of saunas: backed by research and experts 
By Katie MooreMay 22, 2026
She grew Salesforce’s team by 600% in South Asia. Meet one of India’s most powerful women
NewslettersShe grew Salesforce’s team by 600% in South Asia. Meet one of India’s most powerful women
By Angelica AngMay 22, 2026
Svenja Gudell, chief economist at Indeed
SuccessIndeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
Kaged Whey Protein Isolate Review (2026): Our Honest Opinions
HealthKaged Whey Protein Isolate Review (2026): Our Honest Opinions
By Emily PharesMay 22, 2026
f
Politics‘You kind of ruined it with your trans obsession’: House points fingers as Smithsonian Women’s museum funding fails
By Lisa Mascaro and The Associated PressMay 22, 2026
Best private student loans in May 2026
Personal FinanceBest private student loans in May 2026
By Joseph HostetlerMay 22, 2026
g
EnergyGavin Newsom takes rare step of telling Californians to avoid Chevron: ‘Big Oil is already making billions off Trump’s Iran War’
By Sophie Austin and The Associated PressMay 22, 2026
More Tech
IBM CEO Arvind Krishna (right) and U.S. President Donald Trump in the White House on December 10, 2025 in Washington, D.C. (Photo: Alex Wong/Getty Images)
NewslettersU.S. will award $2 billion in grants to nine quantum computing companies—and take equity stakes
By Andrew NuscaMay 22, 2026
  • Current price of Ethereum for May 20, 2026
    Personal FinanceCurrent price of Ethereum for May 20, 2026
    By Joseph HostetlerMay 20, 2026
Meta laid off 10% of its workforce as Mark Zuckerberg warns that in the AI race ‘success isn’t a given’
AIMeta laid off 10% of its workforce as Mark Zuckerberg warns that in the AI race ‘success isn’t a given’
By Marco Quiroz-GutierrezMay 21, 2026
trump
AITrump says he’s calling off widely anticipated order to rein in AI
By Collin Binkley, Matt O'Brien and The Associated PressMay 21, 2026
ro khanna
AIRo Khanna blames ‘clueless’ boomers for Gen Z booing AI: They handed over a ‘broken economy’
By Jake AngeloMay 21, 2026
Young worker looking tired in front of a screen
EconomyA Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible
By Tristan BoveMay 21, 2026
Stephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
Arts & EntertainmentStephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
By Dave Lozo and Morning BrewMay 21, 2026
  • Variational co-founders Edward Yu and Lucas Schuermann pose for a picture
    CryptoVariational raises $50 million Series A to bring liquidity from traditional markets to blockchain rails
    By Jack KubinecMay 20, 2026
allbirds
AIAllbirds’ 600% stock surge says a lot about how ‘AI washing’ became the new ‘greenwashing’
By Suvrat Dhanorkar and The ConversationMay 21, 2026
murdoch
Big TechJames Murdoch vows ‘ambitious journalism and agenda-setting conversations’ as he takes over New York, Vox brands
By Jocelyn Noveck and The Associated PressMay 21, 2026
Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 18, 2026.
InvestingWall Street thinks there’s a chance the S&P 500 could push 20% higher by 2027
By Eleanor PringleMay 21, 2026
SpaceX CEO Elon Musk unveiling the company's new manned spacecraft in Hawthorne, Calif. on May 29, 2014. (Photo: Kevork Djansezian/Getty Images)
NewslettersRollout complete: SpaceX files IPO prospectus
By Andrew NuscaMay 21, 2026
Ex-Facebook exec Sheryl Sandberg says the 10-year career plan is dead thanks to AI:  ‘Don’t script your career when the future is uncertain,’ she warns Gen Z
SuccessEx-Facebook exec Sheryl Sandberg says the 10-year career plan is dead thanks to AI:  ‘Don’t script your career when the future is uncertain,’ she warns Gen Z
By Orianna Rosa RoyleMay 21, 2026
  • trader
    CommentaryThe 50-year-old law that governed every software company just broke. Here’s what replaces it
    By Martin Casado and Abhishek NagarajMay 20, 2026
Microsoft lost its way in the AI race. Can Copilot get it back on course?
MagazineMicrosoft lost its way in the AI race. Can Copilot get it back on course?
By Jeremy KahnMay 21, 2026
elon
SuccessSpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’
By Nick LichtenbergMay 20, 2026
Jensen Huang, chief executive officer of Nvidia
AINvidia tells skeptical investors that AI is ready to go mainstream
By Ian King and BloombergMay 20, 2026
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
Big TechSpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
By Allie Garfinkle and Alexei OreskovicMay 20, 2026
Elon Musk sits with his fists together, looking up.
CommentarySpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it
By Tejpaul BhatiaMay 20, 2026
Antler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’
AsiaAntler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’
By Angelica AngMay 20, 2026
Pay transparency is exposing a bigger problem: Most companies can’t explain why they pay what they pay
Workplace CulturePay transparency is exposing a bigger problem: Most companies can’t explain why they pay what they pay
By Sydney LakeMay 20, 2026
Professor Jeff DeGraff.
Success‘We’ve given them the short end of the stick’: Business school professor says AI could eliminate many jobs for young people—even as they lead innovation
By Preston ForeMay 20, 2026
Jensen Huang, chief executive officer of Nvidia Corp
InvestingThe one number that will actually move Nvidia’s stock Wednesday night
By Eva RoytburgMay 20, 2026
Arvind Jain, Founder and CEO, Glean
SuccessWhile other tech CEOs warn of mass job losses, Glean’s chief says AI will never replace a single worker
By Emma BurleighMay 20, 2026
electrical transmission lines hang over a housing development on March 24, 2026 in Sylmar, California.
Energy2025 was a turning point for your electricity bill and it’s just getting more expensive from here. It’s not just data centers
By Tristan BoveMay 20, 2026
arielle patrick
AIA senior comms exec says your AI notetaker could be your company’s biggest liability
By Jake AngeloMay 20, 2026
How 8,000 robots are changing work inside logistics giant DHL Supply Chain
NewslettersHow 8,000 robots are changing work inside logistics giant DHL Supply Chain
By John KellMay 20, 2026
chicks
InnovationJurassic Park isn’t just a movie anymore as de-extinction startup hatches live chicks
By Adithi Ramakrishnan and The Associated PressMay 20, 2026
whales
AISan Francisco thinks AI can save the whales. Here’s how
By Annika Hammerschlag and The Associated PressMay 20, 2026
schmidt
AIThe sound of graduating from college in the AI summer of 2026: boo!
By Heather Hollingsworth, Jocelyn Gecker and The Associated PressMay 20, 2026
gen z
AI3 reasons kids hate AI—especially the ones who refuse to even try it
By Nick LichtenbergMay 20, 2026
Accenture exec says the consulting giant is hiring more entry-level workers out of college compared to last year
Future of WorkAccenture exec says the consulting giant is hiring more entry-level workers out of college compared to last year
By Emma BurleighMay 20, 2026
cohen
Startups & VentureMeet the brothers who turned a homegrown AI agent into a $12 million bet on the future of work — in six weeks
By Nick LichtenbergMay 20, 2026
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