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Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

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Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

3

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

1

Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

2

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

3

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

News

News

The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up

The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up

Two days after voters rejected data centers almost everywhere, OpenAI pledged to cover its own power bills and post financial guarantees.

By Catherina GioinoNovember 6, 2026

Democrats just won control of Georgia Power’s regulator for the first time in 30 years — and its OpenAI data center contract was entirely redacted

Democrats just won control of Georgia Power’s regulator for the first time in 30 years — and its OpenAI data center contract was entirely redacted

By Emily Jones and GristNovember 6, 2026

‘Everyone knows why we lost,’ JD Vance points to the Iran war — which has already cost at least $38 billion and 19 American lives

‘Everyone knows why we lost,’ JD Vance points to the Iran war — which has already cost at least $38 billion and 19 American lives

By Javed Ali and The ConversationNovember 6, 2026

Gen Z voters broke for Democrats 66% to 31% in the midterms — and the Iran war cracked their top three issues

Gen Z voters broke for Democrats 66% to 31% in the midterms — and the Iran war cracked their top three issues

By Sara Suzuki and The ConversationNovember 6, 2026

Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began

Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began

By Michael A. Mische and The ConversationNovember 6, 2026

People walk amid stands selling merchandise supporting Brazil President Luiz Inácio Lula da Silva.

A WhatsApp channel called Lula’s Army grew from 50,000 to more than 10 million subscribers as Brazil’s president staged a historic comeback

By Anthony W. Pereira and The ConversationNovember 6, 2026

Delaware Chancery CourtP

Cloudflare’s appeal won’t fix what’s broken in Delaware’s Chancery Court

A vice chancellor, Travis Laster, sent his own ruling to the state Supreme Court. Boards shouldn’t read that as reassurance.

By Jeffrey Sonnenfeld and Steven TianNovember 5, 2026

Republicans made Hasan Piker their midterm villain. Now he’s suing Scott Jennings for $72.5 million

The Twitch streamer is seeking $72.5 million from CNN’s Scott Jennings over a spliced clip. His lawyer says Ted Cruz and others should “buckle up.”

By Emma WitmanNovember 5, 2026

Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices

The decision reverses a Staten Island judgment that ordered the city to redo its notices. Other legal challenges continue.

By Catherina GioinoNovember 4, 2026

States agreed to ‘fully, finally, and forever’ release Meta from claims they didn’t know existed — with $459 million for Cambridge Analytica claims

The judge also concluded the company failed to notify users about thousands of applications associated with data misuse.

By Emma L. Briant and The ConversationNovember 4, 2026

More in Politics

Voters cast their ballots at Ronald Wilson Reagan Elementary School in Omaha.

Nebraska voters block measures to legalize online sports betting, rejecting a campaign’s promise of $166 million in property tax relief

Nebraska voters narrowly rejected to legalize mobile sports betting in the state.

By Joshua HongNovember 6, 2026

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

“A ‘no’ vote doesn’t mean similar measures won’t ever be implemented.”

By Jason MaNovember 6, 2026

Trump admitted the Iran war and gas prices hurt Republicans. It was his version of the identity politics that cost Democrats 2024

Trump admitted on election night the war hurt Republicans. Gas is up 40% since it began, and tariffs cost families $1,000 a year.

By Catherina GioinoNovember 6, 2026

Prediction markets had a great election night: Now bettors are turning to which Trump officials could leave first

Pete Hegseth leads Polymarket’s odds for the next Cabinet departure, followed by Susie Wiles and Marco Rubio.

By Camila Grigera NaónNovember 6, 2026

More in Politics

Latest stories from Fortune

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Alfozan gave an interview with video tech news publication Smashi Business.

Who is Abdulrahman Alfozan? The OpenAI employee the FBI arrested is also a Saudi investor

By Emily ForliniOctober 14, 2026

Meet a 23-year-old millionaire who canceled his plan to move to San Francisco because of a billionaire tax he might never have to pay

By Tatiana SatauaOctober 14, 2026

Abdulrahman Alfozan is seen here caught on camera attempting to retrieve the recording device.

FBI says an OpenAI engineer used his wife’s ChatGPT account to figure out how to plant a secret recording device at the office

By Catherina GioinoOctober 14, 2026

Victoria Deineko, her husband Ievhen Deineko and their daughter Mia look at a multi-story residential building damaged in a Russian missile strike in Kyiv, Ukraine.

‘This action cannot be a coincidence’: Ukraine says a SpaceX speed limit slowed its drones as Trump says it’s time to get a new president

By The Associated Press, Hanna Arhirova, Samya Kullab and Barry HattonOctober 14, 2026

‘Serious doubts about the reliability of your data’: DOJ gives California 48 hours to review list of alleged noncitizens who got mail ballots

By The Associated Press, Safiyah Riddle and Eric TuckerOctober 14, 2026

Attractions are seen near Interstate-20 at Six Flags Over Georgia, about 15 miles (24 kilometers) northwest of Atlanta.

‘Who’s watching those in these organizations?’: Experts and policymakers look to close ‘loophole’ regulations on park rides following Six Flags’ death

By The Associated Press, Jaimie Ding, Dylan Lovan and Sudhin ThanawalaOctober 14, 2026

Travis Kelce #87 of the Kansas City Chiefs stands on the sideline during the national anthem prior to the game against the Buffalo Bills at Highmark Stadium.

Arts & Entertainment

Travis Kelce joined an activist group pushing Six Flags to consider a sale. The ‘Final Destination’–style death of a patron poured gas on the fire

By Joshua Hong and Nick LichtenbergOctober 14, 2026

President Donald Trump, left, shakes hands with Greenland's Prime Minister Jens-Frederik Nielsen, right, as Denmark's Prime Minister Mette Frederiksen, center, watches at a security agreement signing ceremony during the United Nations General Assembly.

‘The island is second to none’: Trump says ‘massive’ oil, gas and mineral exploration set to begin in ‘our new and beautiful’ Greenland

By The Associated Press and Stefanie DazioOctober 14, 2026

Photo of a rat with a nut in its mouth

The GOP billionaire behind the biggest political gift in U.S. history could be sued for allegedly fueling a Chicago rat infestation

By Catherina GioinoOctober 13, 2026

How tech icon Meg Whitman is already leaving her mark on grocery giant Albertsons

How tech icon Meg Whitman is already leaving her mark on grocery giant Albertsons

By Phil WahbaOctober 13, 2026

Photo of Elon Musk

Supreme Court will hear the Trump administration’s argument that DOGE is exempt from the public-records law

By The Associated Press and Michael KunzelmanOctober 13, 2026

‘The cost to us, the United States, is high’: Trump’s ‘financial lifeline’ diesel deal with Putin sparks bipartisan backlash in Congress

‘The cost to us, the United States, is high’: Trump’s ‘financial lifeline’ diesel deal with Putin sparks bipartisan backlash in Congress

By The Associated Press and Lisa MascaroOctober 13, 2026

‘The timing is notable’: China lets Visa start preparing to clear bank card payments, weeks before a third Xi-Trump meeting

‘The timing is notable’: China lets Visa start preparing to clear bank card payments, weeks before a third Xi-Trump meeting

By The Associated PressOctober 13, 2026

‘He’s not putting the country first’: Over half of Americans say Trump prioritized his financial interests ‘a lot’ as president in new poll

‘He’s not putting the country first’: Over half of Americans say Trump prioritized his financial interests ‘a lot’ as president in new poll

By The Associated Press, Bernard Condon and Amelia Thomson-DeveauxOctober 13, 2026

Denmark's Prime Minister Mette Frederiksen (L), Sweden's Minister for EU Affairs Jessica Rosencrantz (3rdL), European Commission President Ursula Von der Leyen (C), Sweden's Prime Minister Ulf Kristersson (4thR), Finland's Prime Minister Petteri Orpo (3rsR), Aland County Councillor Katrin Sjogren (2ndR) and Norway's Prime Minister Jonas Gahr Store (R) sit at the start of the 77th session of the Nordic Council in Stockholm on October 28, 2025.

Personal Finance

Ireland proposes a $1.81 trillion EU budget through 2034. Sweden calls it ‘wildly unaffordable’

By Lorne Cook and The Associated PressOctober 13, 2026

Rostyslav Vovk is CEO, Chairman of the Board, and co-owner of Kormotech,

I built a family business from scratch to $200 million. Now I’ve become its bottleneck

By Rostyslav VovkOctober 13, 2026

Susan Collins’s allies spent $25,000 attacking her rival in the Oregon version of Portland: ‘They can’t even find it on a map’

Susan Collins’s allies spent $25,000 attacking her rival in the Oregon version of Portland: ‘They can’t even find it on a map’

By Catherina GioinoOctober 12, 2026

Satya Nadella went from H-1B worker to Microsoft CEO. The Trump administration just shut that path for his employees

Satya Nadella went from H-1B worker to Microsoft CEO. The Trump administration just shut that path for his employees

By Andrew McGowanOctober 12, 2026

Election odds are coming to your TV this fall. 60% of Americans oppose betting on elections

Personal Finance

Election odds are coming to your TV this fall. 60% of Americans oppose betting on elections

By Tatiana SatauaOctober 12, 2026

Photo of two Mastronardo brothers

These brothers started a skin care company with $6,000 and a Gatorade jug. Their biggest break came when they took their name off the bottle

By Alexandra KirkmanOctober 12, 2026

Venezuela's President Nicolas Maduro, left, and Alex Saab stand together during an event marking the anniversary of the 1958 coup that overthrew dictator Marcos Perez Jimenez, in Caracas, Venezuela.

‘His alleged actions show a blatant disregard to the Venezuelan people’: Businessman taken into U.S. custody after ‘corrupting’ government programs

By The Associated Press, Joshua Goodman and Alanna Durkin RicherOctober 12, 2026

‘Putin does not read Truth Social’ Zelenskyy said Russia continues striking Ukraine’s energy facilities despite Trump’s ceasefire claim

‘Putin does not read Truth Social’ Zelenskyy said Russia continues striking Ukraine’s energy facilities despite Trump’s ceasefire claim

By The Associated Press and Samya KullabOctober 12, 2026

European Union Foreign Policy chief Kaja Kallas speaks during a joint press conference with Lebanese Foreign Minister Youssef Rajji following their meeting in Beirut.

‘This is not the time to ease pressure on Moscow’: EU imposes sanctions on nearly 1,600 Russian people and firms for drone and missile development

By The Associated PressOctober 12, 2026

Chinese drivers stopped buying cars, so China’s automakers shipped them abroad: exports are up 64% while domestic sales fell 27%

Chinese drivers stopped buying cars, so China’s automakers shipped them abroad: exports are up 64% while domestic sales fell 27%

By The Associated Press, Chan Ho-Him and Sam McNeilOctober 12, 2026

Victor Martinez, who runs La Mega 101.7, a Spanish-language radio station in Pennsylvania's Lehigh Valley, hosts a politics talk show from his studio in Allentown, Pa.

‘This is not what we expected’: Latino voters were key to Trump’s win in a swing Pennsylvania district. Now some say the economy is ‘worse’

By Mike Catalini and The Associated PressOctober 12, 2026

Judge orders Trump to cancel $20 million in taxpayer-funded political ads ahead of the midterms

Judge orders Trump to cancel $20 million in taxpayer-funded political ads ahead of the midterms

By The Associated Press and Gene JohnsonOctober 12, 2026

‘If nothing is done, it’s almost inevitable’: Ukraine’s Yuriy Ryzhenkov on why steelmaking is on the brink of collapse as Russian bombing intensifies

‘If nothing is done, it’s almost inevitable’: Ukraine’s Yuriy Ryzhenkov on why steelmaking is on the brink of collapse as Russian bombing intensifies

By Kamal AhmedOctober 12, 2026

Trump and Marco Rubio are ‘extremely pissed off’ by U.S. Ambassador to Greece Kimberly Guilfoyle’s reported conduct and are considering firing her

Trump and Marco Rubio are ‘extremely pissed off’ by U.S. Ambassador to Greece Kimberly Guilfoyle’s reported conduct and are considering firing her

By Matthew Lee and The Associated PressOctober 11, 2026

Senior Iranian official threatens to attack cables, data centers, and AI facilities in the region if the war escalates sharply again

Senior Iranian official threatens to attack cables, data centers, and AI facilities in the region if the war escalates sharply again

By The Associated PressOctober 11, 2026

Pope says death penalty is ‘inadmissible’ after head of U.S. bishops calls DOD plan to livestream execution ‘barbaric promotion of a culture of death’

Pope says death penalty is ‘inadmissible’ after head of U.S. bishops calls DOD plan to livestream execution ‘barbaric promotion of a culture of death’

By Nicole Winfield and The Associated PressOctober 11, 2026

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Most Popular

Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

placeholder alt text

By Eleanor PringleNovember 6, 2026

Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

placeholder alt text

By Jason MaNovember 6, 2026

‘Pick another protein’: A cattle rancher senator’s answer on beef prices could give Democrats their first Mississippi Senate win since 1982

placeholder alt text

By Catherina GioinoNovember 6, 2026

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