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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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Australia’s under-16 social media ban is failing, so the government is (literally) doubling down

“We can all agree we would like the scheme to work better than it is currently, but that is on Big Tech taking the Mickey,” Minister Anika Wells said.

By Rod McGuirk and The Associated PressJune 29, 2026
Australia to strengthen enforcement of under-16 social media ban
Australia to strengthen enforcement of under-16 social media ban
By Ainslie Chandler and BloombergJune 27, 2026
Hacker in a dark hooded jacket holding a smartphone displaying an incoming unknown call while working on a laptop
Job scams are getting more sophisticated, and they’re costing Americans millions
By Jacqueline MunisJune 27, 2026
ravi
Yale School of Management: surveillance pricing is just the beginning. AI agents will be the real test of corporate trust
By Ravi Dhar and Jon IwataJune 23, 2026
Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
Cursor’s 25-year-old CEO turned a Discord server into a talent pipeline to build his $60 billion SpaceX-backed AI company
Cursor’s 25-year-old CEO turned a Discord server into a talent pipeline to build his $60 billion SpaceX-backed AI company
By Sydney LakeJune 23, 2026
Latest Stories
Brown University Professor Roberto Serrano, a man in a suit holding onto a gold trophy--the King Of Spain Economy Award"-- before Spain's King Felipe and a painted wall.
AI‘Humanity has chosen to become idiots’: This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
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EconomyThe central bank of central banks just released its flagship annual report — and it sees a $1 trillion AI investment boom headed for a reckoning
By Nick LichtenbergJune 29, 2026
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
PoliticsU.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026
paralegal
AIThe most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one
By Nick LichtenbergJune 29, 2026
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
AIThis summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
By Tristan BoveJune 29, 2026
Lisa Cook and E. Jean Carroll win against Trump at the Supreme Court
NewslettersLisa Cook and E. Jean Carroll win against Trump at the Supreme Court
By Emma HinchliffeJune 29, 2026
Photo of Jim Farley
AIFord on why it hired 350 ‘gray beard’ engineers: you need their mentorship for younger workers — and to drive huge AI productivity gains
By Sasha RogelbergJune 29, 2026
The Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
EconomyThe Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
By Jason MaJune 29, 2026
More Cybersecurity
SpaceX’s drop-off sees Elon Musk’s net worth fall $240 billion—roughly the same value as computing giant IBM
InvestingSpaceX’s drop-off sees Elon Musk’s net worth fall $240 billion—roughly the same value as computing giant IBM
By Eleanor PringleJune 23, 2026
  • What Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain
    NewslettersWhat Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain
    By Sharon GoldmanJune 4, 2026
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EnvironmentAlmost 4 in 10 Americans have a ‘junk drawer’ full of their old electronics. It’s because of a very specific anxiety
By Eric Williams, Payam Saeedi, Stacey Watson and The ConversationJune 21, 2026
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CybersecurityThe U.K. just banned social media for kids under 16. The founder of ‘safe TikTok’ says the U.S. is next
By Nick LichtenbergJune 21, 2026
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CommentaryGoDaddy Corporate Domains chief: The next Internet land rush is happening right now
By Phil LodicoJune 20, 2026
The week that changed AI: Inside Trump’s Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos
AIThe week that changed AI: Inside Trump’s Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos
By Sebastian Herrera and Beatrice NolanJune 18, 2026
Half of U.S. adults under 50 get health information from influencers who mostly aren’t medical professionals, Pew finds
HealthHalf of U.S. adults under 50 get health information from influencers who mostly aren’t medical professionals, Pew finds
By Mia OsmonbekovJune 18, 2026
  • Europe wants more control over global AI services. America is warning them to take care—and history is on their side
    EuropeEurope wants more control over global AI services. America is warning them to take care—and history is on their side
    By Kamal AhmedJune 4, 2026
Gary Lockwood talks to Keir Dullea in a scene from the film '2001: A Space Odyssey', 1968.
AIGoogle DeepMind unveils plan to protect itself from its own rogue AI agents
By Jeremy KahnJune 18, 2026
World Cup, America 250 face new risk with spy law lapse
CybersecurityWorld Cup, America 250 face new risk with spy law lapse
By Caitlin Reilly, Roxana Tiron and BloombergJune 17, 2026
The global under-16 social media ban Is no longer a fringe policy
EuropeThe global under-16 social media ban Is no longer a fringe policy
By The Associated PressJune 17, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
NewslettersDecision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
By Jeremy KahnJune 16, 2026
Katie Moussouris, the founder and CEO of Luta Security.
AI‘Fix this code’—the three little words behind the U.S. government decision that shut down Anthropic’s Fable and Mythos AI models
By Jeremy KahnJune 15, 2026
  • A new AI-powered computer worm could prove to be the stuff of cybersecurity nightmares
    CybersecurityA new AI-powered computer worm could prove to be the stuff of cybersecurity nightmares
    By Sharon GoldmanJune 3, 2026
Dario Amodei, Anthropic CEO
AIHow a warning from Amazon led the White House to shut down Anthropic’s Mythos model
By Beatrice NolanJune 14, 2026
Canadian Prime Minister Mark Carney warns U.S. restrictions on new Anthropic AI models show danger of relying too much on American providers
AICanadian Prime Minister Mark Carney warns U.S. restrictions on new Anthropic AI models show danger of relying too much on American providers
By Rob Gillies, Jason Ma and The Associated PressJune 14, 2026
‘It’s not a jailbreak’ — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says
AI‘It’s not a jailbreak’ — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says
By Jason MaJune 13, 2026
cyber
CommentaryAccenture cyber leads: why hiring more people won’t solve the cybersecurity talent gap
By Harpreet Sidhu and Vikram DesaiJune 13, 2026
axel
CommentaryOur budgeted $180 million year ended in the red after the Ukraine war. Here’s how we survived
By Axel SöderbergJune 13, 2026
Anthropic cofounder and CEO Dario Amodei pictured in profile.
AIAnthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access
By Jeremy KahnJune 13, 2026
Courtney Robinson, head of policy and communications, at Akoya speaks on a panel at Fortune Brainstorm Tech 2026.
RetailAI shopping agents are coming. No one is ready for them
By Jeremy KahnJune 12, 2026
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
NewslettersWhy is it so hard to get ROI from AI? Because building from first principles isn’t easy
By Jeremy KahnJune 11, 2026
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
AIAfter backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
By Marco Quiroz-GutierrezJune 11, 2026
ice
LawWestchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says
By Byron Tau and The Associated PressJune 11, 2026
carney
North AmericaCanada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’
By Rob Gillies and The Associated PressJune 11, 2026
South Korea fines Coupang record $409 million for data breach
AsiaSouth Korea fines Coupang record $409 million for data breach
By Jaehyun Eom, Shinhye Kang and BloombergJune 11, 2026
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
CommentaryDigital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
By Leonard LimJune 10, 2026
Claude Mythos on a screen.
AIAnthropic releases its first Mythos-class model to the public
By Beatrice NolanJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AIAI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
from left to right: Omer Gull, Yuval Itzchakov, and Yossi Torati
CybersecurityWhy Lightspeed and Wiz’s Assaf Rappaport bet $37 million on an AI-powered cyberattacker
By Lily Mae LazarusJune 8, 2026
Businesses are declaring war on AI slop. They are fighting a losing battle
EuropeBusinesses are declaring war on AI slop. They are fighting a losing battle
By Sam BirchallJune 5, 2026
IBM, AT&T accused by whistleblower of covering up foreign hacks
CybersecurityIBM, AT&T accused by whistleblower of covering up foreign hacks
By Jake Bleiberg, Mark Anderson and BloombergJune 4, 2026
Google CEO Sundar Pichai
AIWorld’s largest sovereign wealth fund backs push for Google oversight on government use of its AI and cloud technology
By Beatrice NolanJune 4, 2026
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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse placeplaceholder alt text
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