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The hidden menace behind Big Tech’s AI arms race: Meta, Amazon and others are spending billions on hardware that’s worthless in 3 years
The hidden menace behind Big Tech’s AI arms race: Meta, Amazon and others are spending billions on hardware that’s worthless in 3 years

The new industrial era may be a lot more beneficial to the folks and businesses that use the AI-enhanced products than the enterprises that furnish them.

By Shawn TullyApril 15, 2026
Augusta Precious Metals review: What to know in 2026 
Augusta Precious Metals review: What to know in 2026 
By Joseph HostetlerApril 14, 2026
The billionaire Anthropic cofounder who majored in literature says knowing how to ask the right questions beats knowing how to code
The billionaire Anthropic cofounder who majored in literature says knowing how to ask the right questions beats knowing how to code
By Marco Quiroz-GutierrezApril 14, 2026
A couple being shown around a home by a realtor.
Home sales just fell 3.6%—and the spring buying season may not save them
By Tristan BoveApril 14, 2026
TOKYO, JAPAN - FEBRUARY 3: Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled "Transforming Business through AI" in Tokyo, Japan, on February 03, 2025. SoftBank and OpenAI announced that they have agreed a partnership to set up a joint venture for artificial intelligence services in Japan today. (Photo by Tomohiro Oh
From Molotov cocktails to data center shutdowns, the AI backlash is turning revolutionary
By Eva RoytburgApril 14, 2026
A television screen showing Goldman Sachs' stock price plays in front of a Goldman Sachs sign
Goldman Sachs makes surprise jump into Bitcoin ETFs with a product one analyst dubs ‘boomer candy’
By Jack KubinecApril 14, 2026
Latest Stories
Current refi mortgage rates report for April 15, 2026
Personal FinanceCurrent refi mortgage rates report for April 15, 2026
By Glen Luke FlanaganApril 15, 2026
Current ARM mortgage rates report for April 15, 2026
Personal FinanceCurrent ARM mortgage rates report for April 15, 2026
By Glen Luke FlanaganApril 15, 2026
Mortgage rates today, April 15, 2026
Personal FinanceMortgage rates today, April 15, 2026
By Glen Luke FlanaganApril 15, 2026
trump
Real EstateTrump’s White House: America is short 10 million houses
By Josh Boak and The Associated PressApril 14, 2026
suburb
Real EstateAnother month, another record-high home price: March hits $408,800—the 33rd straight increase
By Jake AngeloApril 14, 2026
Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history
EconomyTrump’s economy officially passes Biden’s for worst consumer sentiment in recorded history
By Nick LichtenbergApril 14, 2026
xi jinping
EconomyXi Jinping says the world order is ‘crumbling into disarray.’ Larry Fink and the IMF are worried about a global recession
By Nick LichtenbergApril 14, 2026
trump
EconomyTrump’s macho MAGA economy is a bust. But there are plenty of high-paying jobs for men—in nursing and teaching
By Nick LichtenbergApril 14, 2026
More GlobalPage 88 of 100
Florida
Energy12 million Floridians are about to see their electricity prices spike in one of the largest utility rate increases in state history
By Kate Payne and The Associated PressNovember 22, 2025
Robert Herjavec
SuccessShark Tank star Robert Herjavec says the best Gen Z career advice comes from Mark Cuban—it’s that nobody cares if you’re ‘passionate’
By Preston ForeNovember 22, 2025
NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center on September 27, 2024 in Washington, DC.
Big TechNvidia CEO says the company is in a no-win situation amid AI-bubble chatter, leaked meeting reveals
By Eva RoytburgNovember 21, 2025
The Presidential Bank logo on a blue and purple background.
Personal FinancePresidential Bank review 2026: Checking account APY that might be better than your current high-yield savings
By Joseph HostetlerNovember 21, 2025
Meet the Land O’Lakes exec bringing AI to the heart of American farming
C-SuiteMeet the Land O’Lakes exec bringing AI to the heart of American farming
By Ruth UmohNovember 21, 2025
Transparent Labs Vitamin D as best vitamin D supplement
HealthThe Best Vitamin D Supplements of 2026: How to Choose and More
By Christina SnyderNovember 21, 2025
The Ivy Bank logo on a blue and purple layered background.
Personal FinanceIvy Bank review 2026: Top-tier savings account APY
By Joseph HostetlerNovember 21, 2025
A white man listens to another man in a meeting
SuccessHow to know if you’re an A, B, or C player, according to an elite recruiter who’s interviewed over 50,000 executives
By Dave SmithNovember 21, 2025
Why Nvidia is being punished for delivering a blockbuster earnings report
InvestingWhy Nvidia is being punished for delivering a blockbuster earnings report
By Jim EdwardsNovember 21, 2025
Warren Buffett
C-SuiteWarren Buffett’s exit is ‘leadership at its most selfless,’ McKinsey CEO whisperer says. It’s a powerful lesson in Fortune 500 succession
By Nick LichtenbergNovember 21, 2025
The First Foundation Bank logo.
Personal FinanceFirst Foundation Bank review 2026: A limited online footprint and an emphasis on service
By Glen Luke FlanaganNovember 21, 2025
Fortune 500 Power Moves: Which executives gained and lost power this week, Nov. 15-21, 2025
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week, Nov. 15-21, 2025
By Fortune EditorsNovember 21, 2025
Jeff Bezos’ most expensive investment is a $500 million custom superyacht that’s the largest in the world
Travel & LeisureJeff Bezos’ most expensive investment is a $500 million custom superyacht that’s the largest in the world
By Sydney LakeNovember 21, 2025
Jensen Huang
AINvidia CEO says AI will actually make everyone a lot busier: ‘Everybody’s jobs will be different’
By Jessica CoacciNovember 21, 2025
The Rate Mortgage logo on a teal layered background.
Personal FinanceRate Mortgage review 2026
By Joseph HostetlerNovember 21, 2025
How Principal Financial’s new CEO brought AI religion to the C-suite, and then worked to upskill 20,000 employees
AIHow Principal Financial’s new CEO brought AI religion to the C-suite, and then worked to upskill 20,000 employees
By John KellNovember 21, 2025
Gen Z
CommentaryGen Z isn’t lazy. They’re the most intentional job seekers yet
By Neil CostaNovember 21, 2025
Ben Zweig
InvestingSolving the ‘Tower of Babel’ problem of data transparency for investors
By Ben ZweigNovember 21, 2025
An illustration of the American business software company Intuit logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background.
NewslettersIntuit CFO talks $100 million OpenAI deal, innovation, and the road ahead
By Sheryl EstradaNovember 21, 2025
The Warren Buffett era is ending. Here are five investing lessons from the GOAT
MagazineThe Warren Buffett era is ending. Here are five investing lessons from the GOAT
By Geoff ColvinNovember 21, 2025
Exclusive: Coinbase to buy Solana trading platform Vector.fun
CryptoExclusive: Coinbase to buy Solana trading platform Vector.fun
By Ben WeissNovember 21, 2025
Photo: Nvidia CEO Jensen Huang.
InvestingGlobal stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’
By Jim EdwardsNovember 21, 2025
Tidalwave raises $22 million Series A to improve the mortgage process with AI
NewslettersTidalwave raises $22 million Series A to improve the mortgage process with AI
By Allie GarfinkleNovember 21, 2025
Ray Dalio attends the Fortune Global Forum Riyadh 2025 on October 27, 2025 in Riyadh, Saudi Arabia.
Investing‘Don’t sell just because there’s a bubble,’ says Ray Dalio, but be prepared for low returns over the next 10 years
By Eleanor PringleNovember 21, 2025
Skims founding partner Emma Grede says she routinely brushes up on her AI skills to "future-proof" her career.
Future of WorkSkims founding partner Emma Grede schedules an ‘AI day’ once every six weeks to future-proof her career: ‘It’s like do or die’
By Nino PaoliNovember 21, 2025
Sam Altman’s eye-scanning orb startup says employees should only care about work—for the good of humanity—otherwise ‘you should just not be here’
CryptoSam Altman’s eye-scanning orb startup says employees should only care about work—for the good of humanity—otherwise ‘you should just not be here’
By Marco Quiroz-GutierrezNovember 21, 2025
Private credit deals see a rise in ‘bad PIKs’ showing ‘cracks’ in the market for corporate debt
BankingPrivate credit deals see a rise in ‘bad PIKs’ showing ‘cracks’ in the market for corporate debt
By Jim EdwardsNovember 21, 2025
Jefferies’ Chris Wood called Japan’s crash and the U.S. housing bubble. He’s now warning of an ‘AI capex arms race’
AsiaJefferies’ Chris Wood called Japan’s crash and the U.S. housing bubble. He’s now warning of an ‘AI capex arms race’
By David AustinNovember 20, 2025
an Nvidia graphics processing unit illustration
CybersecurityFour accused in black-market scheme to smuggle hundreds of Nvidia GPUs to China—while raking in millions
By Amanda GerutNovember 20, 2025
Intrinsic, an Alphabet company, and Nvidia supplier Foxconn will join forces to deploy AI robots in the latter’s U.S. factories
InnovationIntrinsic, an Alphabet company, and Nvidia supplier Foxconn will join forces to deploy AI robots in the latter’s U.S. factories
By Nicholas GordonNovember 20, 2025
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Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels Americaplaceholder alt text
By Fortune EditorsApril 13, 2026
Commentary
Retirees are facing a $345,000 bill they never saw coming — and most aren't preparedplaceholder alt text
By Fortune EditorsApril 14, 2026
Success
He was coding at 12 like Elon Musk and became one of Google’s youngest-ever CMOs—but now says Gen Z is better off ice skating than learning to codeplaceholder alt text
By Fortune EditorsApril 14, 2026
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