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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
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Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy

At Fortune Brainstorm Tech, executives said that finding value from AI starts with strategy and continues with process reinvention.

By Jeremy KahnJune 11, 2026
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
By Shawn TullyJune 11, 2026
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
By Garrett IlgJune 11, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
By Jack Kubinec and Ben WeissJune 11, 2026
Dr. Shiv Rao speaks
Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it
By Lily Mae LazarusJune 11, 2026
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
By Sebastian HerreraJune 11, 2026
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Big Tech
More in Big Tech
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns

Anthropic’s latest model previously downgraded certain user requests quietly and without warning.

By Marco Quiroz-GutierrezJune 11, 2026
Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo

Casimiro Miguel is 32. His channel has all 104 World Cup games in the world’s most soccer-obsessed country.

By Nick Lichtenberg, Tales Azzoni and The Associated PressJune 11, 2026
Gates testifies on Epstein: previous Fortune investigation reveals payments to his ex-girlfriend, $1M Microsoft deal

Bill Gates said Wednesday that he made a “grave error in judgment” by meeting with Jeffrey Epstein.

By Eva Roytburg, Joey Cappelletti, Hannah Schoenbaum and The Associated PressJune 10, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

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

By Jim EdwardsJune 11, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
As SpaceX goes public, a $100 billion shadow market faces a reckoning
As SpaceX goes public, a $100 billion shadow market faces a reckoning

SpaceX’s public debut could kick off months (or even years) of reckoning in the venture secondaries market, the pre-IPO Wild West.

By Allie GarfinkleJune 11, 2026
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight

China has ramped up its space initiatives to compete with SpaceX’s ascent in the last three years, with some commercial space firms eying similar satellite and rocket launch goals.

By Mia OsmonbekovJune 11, 2026
While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond

In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.

By Jason MaJune 11, 2026
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders

The winners of SpaceX’s blockbuster IPO—valuing the company at $1.75 trillion—might not just be investors, but also the ones who welded the rockets.

By Preston ForeJune 11, 2026
More in Startups & Venture
AI
More in AI
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say

At Fortune Brainstorm Tech, industry experts discussed why practices like measuring hours saved is the wrong KPI for the AI age.

By Sebastian HerreraJune 11, 2026
Tech leaders argue AI’s real future Is task augmentation, not mass layoffs

CEOs of C.H. Robinson and Agility Robotics said today’s cutting-edge of automation isn’t replacing the whole human.

By Sebastian HerreraJune 11, 2026
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff

At Fortune’s Brainstorm Tech conference, Booking Holdings CEO Glenn Fogel described the AI travel agent he wants to build, while Ryan Serhant shared how ChatGPT nearly ruined a $50 million deal.

By Sydney LakeJune 11, 2026
The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months

Boris Cherny was asked at Brainstorm Tech if he was concerned about the rapid progress of AI: “Yes.”

By Nick LichtenbergJune 11, 2026
More in AI
Innovation
More in Innovation
A man in a suit jacket gestures with his hands.
SpaceX is about to make history—and 80% of VCs won’t see a dime of it

A live Term Sheet meetup of investors agreed SpaceX, OpenAI, and Anthropic will reward a sliver of venture. But most of the industry will be watching from the sidelines.

By Amanda GerutJune 11, 2026
Meet the Fortune Crypto Innovators

These 30 companies and projects are pushing the digital assets ecosystem forward.

By FortuneJune 11, 2026
The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says

At Fortune Brainstorm Tech conference, Bridgit Mendler emphasized how massive leaps in launch capacity and spacecraft manufacturing are supercharging the space economy.

By Sebastian HerreraJune 10, 2026
SpaceX’s record IPO has Wall Street torn between a Musk ‘holy grail’ and a $135-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

By Marco Quiroz-GutierrezJune 11, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
ice
Westchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says

A class action lawsuit alleges the county shared years of motorist travel data with 50+ agencies including ICE, with no public authorization.

By Byron Tau and The Associated PressJune 11, 2026
Canada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’

New legislation puts the burden of proof on companies — not parents — to demonstrate their platforms are safe, mirroring Australia’s ban.

By Rob Gillies and The Associated PressJune 11, 2026
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful

Treating server location as an expression of sovereignty threatens resilience, competition, and ASEAN’s ambitions for a shared digital market.

By Leonard LimJune 10, 2026
South Korea fines Coupang record $409 million for data breach

Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts.

By Jaehyun Eom, Shinhye Kang and BloombergJune 11, 2026
More in Cybersecurity
Latest Stories
defense
PoliticsTrump says Europe freeloads on defense. Britain’s own (former) Defense Secretary just agreed
By Jill Lawless, Danica Kirka and The Associated PressJune 11, 2026
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City.
InvestingBank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%
By Eva RoytburgJune 11, 2026
Full Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It
Personal FinanceFull Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It
By Joseph HostetlerJune 11, 2026
Testosil Review (2026): Testosterone Supplement Reviewed
HealthTestosil Review (2026): Testosterone Supplement Reviewed
By Christina SnyderJune 11, 2026
BrickHouse Nutrition Field of Greens Review (2026)
HealthBrickHouse Nutrition Field of Greens Review (2026)
By Emily PharesJune 11, 2026
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
SuccessAmerican taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
By Catherina GioinoJune 11, 2026
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
EconomyInflation is roaring back globally, 2022 style. The Iran war is only half the problem
By Eva RoytburgJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
NewslettersHow Hollywood trained Bridgit Mendler for life as a space founder
By Emma HinchliffeJune 11, 2026
More TechPage 90 of 100
data center
EnvironmentThe rise of AI reasoning models comes with a big energy tradeoff
By Rachel Metz, Dina Bass and BloombergDecember 5, 2025
  • Wells, Grant
    EuropeAustralia wants to end the era of kids on social media with international ban hailed as ‘first domino’ in global movement
    By Nick LichtenbergDecember 4, 2025
netflix
Arts & EntertainmentHollywood writers say Warner takeover ‘must be blocked’
By Thomas Buckley and BloombergDecember 5, 2025
person
CybersecurityDictionaries’ words of the year are trying to tell us something about being online in 2025
By Roger J. KreuzDecember 5, 2025
Greg Peters
Big TechTop analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘death of Hollywood’ at all. It’s really about Google
By Nick LichtenbergDecember 5, 2025
Elon Musk, wearing a suit and in front of a dark blue background, looks to the side and frowns.
Big TechElon Musk says Tesla owners will soon be able to text while driving, despite it being illegal in nearly all 50 states
By Sasha RogelbergDecember 5, 2025
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 27, 2023. Meta Platforms Inc. introduced its latest lineup of head-worn devices, staking fresh claim to the virtual and augmented-reality industry just ahead of Apple Inc. pushing into the market. Photographer: David Paul Morris/Bloomberg via Getty Images
Big TechMark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
By Eva RoytburgDecember 5, 2025
  • Meet Luana Lopes Lara: The 29-year-old ex-ballerina spent college summers working for Ray Dalio and Ken Griffin—now she’s the youngest female self-made billionaire
    SuccessMeet Luana Lopes Lara: The 29-year-old ex-ballerina spent college summers working for Ray Dalio and Ken Griffin—now she’s the youngest female self-made billionaire
    By Orianna Rosa RoyleDecember 4, 2025
Construction workers are getting a salary bump for working on data center projects during the AI boom.
AIConstruction workers are earning up to 30% more and some are nabbing six-figure salaries in the data center boom
By Nino PaoliDecember 5, 2025
Robert F. Kennedy
PoliticsRobert F. Kennedy Jr. turns to AI to make America healthy again
By Ali Swenson and The Associated PressDecember 5, 2025
Steve Jobs holds up the first iPod Nano
Big TechApple is experiencing its biggest leadership shake-up since Steve Jobs died, with over half a dozen key executives headed for the exits
By Dave SmithDecember 5, 2025
Netflix co-CEO Ted Sarandos credits a video store job for launching his career—and cherishes this lesson from Tony Bennett
C-SuiteNetflix co-CEO Ted Sarandos credits a video store job for launching his career—and cherishes this lesson from Tony Bennett
By Jason MaDecember 5, 2025
How Intuit’s chief AI officer supercharged the company’s emerging technologies teams—and why not every company should follow his lead
AIHow Intuit’s chief AI officer supercharged the company’s emerging technologies teams—and why not every company should follow his lead
By John KellDecember 5, 2025
  • christmas
    Arts & EntertainmentFrom Spotify Wrapped to YouTube Recap to Amazon Delivered, the holidays are becoming a time of year for our tech to tell us who we are
    By The Associated PressDecember 4, 2025
Sarandos
Big TechNetflix’s bombshell deal to buy Warner Bros. brings Batman and Harry Potter to the big red streamer and infuriates theater owners and the Ellisons
By Nick LichtenbergDecember 5, 2025
Elon Musk and Bill Gates are wrong about AI replacing all jobs. ‘That’s not what we’re seeing,’ LinkedIn exec says—the opposite is happening
SuccessElon Musk and Bill Gates are wrong about AI replacing all jobs. ‘That’s not what we’re seeing,’ LinkedIn exec says—the opposite is happening
By Orianna Rosa RoyleDecember 5, 2025
Netflix
Big TechNetflix’s $59 billion loan for Warner Bros. among biggest ever
By Paula Seligson, Natalie Harrison and BloombergDecember 5, 2025
Sarandos
Arts & EntertainmentNetflix to buy Warner Bros. in $72 billion cash, stock deal
By Lucas Shaw, Michelle F. Davis and BloombergDecember 5, 2025
Four key questions about OpenAI vs Google—the high-stakes tech matchup of 2026
NewslettersFour key questions about OpenAI vs Google—the high-stakes tech matchup of 2026
By Alexei OreskovicDecember 5, 2025
Facebook CEO Mark Zuckerberg adjusts an avatar of himself during a company event in New York City on Thursday, Oct. 28, 2021. (Photo: Michael Nagle/Bloomberg/Getty Images)
NewslettersMeta may unwind metaverse initiatives with layoffs
By Andrew NuscaDecember 5, 2025
Bristol Myers Squibb CEO Chris Boerner says company culture was the missing piece of his ‘patent cliff’ plan
C-SuiteBristol Myers Squibb CEO Chris Boerner says company culture was the missing piece of his ‘patent cliff’ plan
By Diane BradyDecember 5, 2025
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris.
C-SuiteBefore running the world’s most valuable company, Jensen Huang was a 9-year-old janitor in Kentucky
By Eva RoytburgDecember 5, 2025
The workplace needs to be designed like an ‘experience,’ says Gensler’s Ray Yuen, as employees resist the return to office
Future of WorkThe workplace needs to be designed like an ‘experience,’ says Gensler’s Ray Yuen, as employees resist the return to office
By Angelica AngDecember 5, 2025
Four years ago, BKV started buying up the two Temple power plants in Texas—located between Austin and Dallas—which now total 1.5 gigawatts of electricity generation capacity—enough to power more than 1.1 million homes, or a major data center campus. There is room to expand.
EnergyHow a Texas gas producer plans to exploit the ‘megatrend’ of power plants for AI hyperscalers
By Jordan BlumDecember 5, 2025
Spotify users lamented Wrapped in 2024. This year, the company brought back an old favorite and made it less about AI
Big TechSpotify users lamented Wrapped in 2024. This year, the company brought back an old favorite and made it less about AI
By Dave Lozo and Morning BrewDecember 4, 2025
This Khosla Ventures–backed startup is using AI to personalize cancer care
InnovationThis Khosla Ventures–backed startup is using AI to personalize cancer care
By Allie GarfinkleDecember 4, 2025
Companies are increasingly falling victim to AI impersonation scams. This startup just raised $28M to stop deepfakes in real time
AICompanies are increasingly falling victim to AI impersonation scams. This startup just raised $28M to stop deepfakes in real time
By Sharon GoldmanDecember 4, 2025
Jensen Huang
SuccessNvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant ‘state of anxiety’ out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
Ted Pick
BankingMorgan Stanley considers offloading some of its data-center exposure
By Esteban Duarte, Paula Seligson, Davide Scigliuzzo and BloombergDecember 4, 2025
Zuckerberg
EnergyMeta’s Zuckerberg plans deep cuts for metaverse efforts
By Kurt Wagner and BloombergDecember 4, 2025
Pichai
Big TechAlphabet’s AI chips are a potential $900 billion ‘secret sauce’
By Ryan Vlastelica and BloombergDecember 4, 2025
Zaslav
Arts & EntertainmentParamount calls Warner Bros. sale ‘tainted’ in letter to CEO
By Christopher Palmeri and BloombergDecember 4, 2025
Photo of Geoffrey Hinton
Success‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
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Most Popular
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45placeholder alt text
By Amanda GerutJune 9, 2026
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