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Travelers walk past an Alibaba Cloud advertisement in China
DeepSeek and China’s AI boom are increasingly powered by state money

Government-linked investors in China went from backing fewer than 10 AI deals annually before 2018 to more than 140 in 2025, reshaping who controls the future of AI.

By Lily Mae LazarusMay 19, 2026
reorgs
We studied 6,000 executives and found the real reason 70% of transformations fail
By Julia Dhar, Kristy R. Ellmer and Philip JamesonMay 19, 2026
Yahoo Finance's AlphaSpace is live as of May 19.
Exclusive: Yahoo Finance is building a Bloomberg Terminal for everyone else
By Nick LichtenbergMay 19, 2026
The American airline industry is so untrustworthy that 89% of travelers are bracing for delay or cancellation
The American airline industry is so untrustworthy that 89% of travelers are bracing for delay or cancellation
By Catherina GioinoMay 19, 2026
joel
The SaaSpocalypse isn’t killing software. It’s exposing where software value really lives
By Joel HronMay 19, 2026
College graduates sitting at commencement yell.
College students are booing commencement speakers celebrating AI, but the wave of hate hasn’t stopped them from using it to cheat on their exams
By Sasha RogelbergMay 19, 2026
News
More in News
Environmental advocates and progressive lawmakers hold a rally in support of legislation that would put a moratorium on new data centers in the state on Wednesday, May 13, 2026, at the Capitol in Albany, N.Y.
Americans’ AI hate wave might just be gathering steam: Data centers could hike power costs in some states over 50% by 2030

The AI infrastructure boom is coming for Americans’ utility bills, and public patience is already running out.

By Tristan BoveMay 19, 2026
Jury rules against Elon Musk in $150 billion lawsuit against OpenAI and Sam Altman

Elon Musk was dealt a setback as jury backs OpenAI and Sam Altman.

By Sharon GoldmanMay 18, 2026
Trump creates $1.7 billion ‘Anti-Weaponization Fund’ to compensate allies as part of his IRS lawsuit settlement

The money will reward Trump allies who believe they were mistreated by the Justice Department under the Biden administration.

By Fatima Hussein, Eric Tucker, Alanna Durkin Richer and The Associated PressMay 18, 2026
New York governor pleads for remote work during massive rail strike: ‘regular commuters who can work from home … please do so’

President Trump insisted the crippling Long Island Rail Road strike isn’t his fault: “No, Kathy, it’s your fault.”

By Philip Marcelo, Michael R. Sisak and The Associated PressMay 18, 2026
More in News
North America
More in North America
High gas prices are just the beginning: How the Iran war is changing the global energy map
High gas prices are just the beginning: How the Iran war is changing the global energy map

The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers.

By Jordan BlumMay 19, 2026
NextEra’s $67 billion Dominion takeover creates the world’s largest utility—just in time to win the AI data-center power surge

NextEra’s move to buy Dominion is a big bet on scale and affordability to win over AI data center developers.

By Jordan BlumMay 18, 2026
New York Fed warns about $69 trillion foreign investment ‘burden’ on U.S. economy

The U.S. has spent decades relying on its investors to outperform overseas, but international debt swelled by $16 trillion in just six years.

By Tristan BoveMay 18, 2026
Trump says China agreed to buy $17 billion of American beef per year

Data from the Department of Agriculture show China’s imports of U.S. agricultural goods peaked in 2022 with $38 billion but fell to $8 billion in 2025.

By Didi Tang and The Associated PressMay 18, 2026
More in North America
Europe
More in Europe
Pope Leo launches an AI commission days before he releases a papal letter alongside Anthropic cofounder Christopher Olah
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
Ryanair’s CFO says the airline has plans for an ‘armageddon situation’ as the jet fuel crisis threatens weaker European airlines this winter

“Do we have plans for some kind of Armageddon situation? Of course, we do, but I don’t see that coming to pass,” said CFO Neil Sorahan.

By Marco Quiroz-GutierrezMay 18, 2026
Ukraine brings the war to Moscow with one its largest drone attacks on the capital, adding to the ‘darkening cloud of anxiety over Russia’

“Our responses to Russia’s prolongation of the war and attacks on our cities and communities are entirely justified.”

By Samya Kullab and The Associated PressMay 17, 2026
Pope Leo warns of ‘spiral of annihilation’ as AI warfare leads to symphony of destruction

Leo called for peace in the Middle East and Ukraine during a visit to Europe’s largest university, Rome’s La Sapienza.

By Nicole Winfield, Paolo Santalucia and The Associated PressMay 15, 2026
More in Europe
Asia
More in Asia
How a book convinced Arundhati Bhattacharya, one of India’s most powerful bankers, to try working for a U.S. tech company
How a book convinced Arundhati Bhattacharya, one of India’s most powerful bankers, to try working for a U.S. tech company

Under Arundhati Bhattacharya, Salesforce’s South Asia headcount grew from 2,500 to over 18,000; India is now one of Salesforce’s fastest growing markets.

By Angelica AngMay 19, 2026
The oil crisis is so bad in Kenya that protesters have lit bonfires in the middle of Nairobi

President William Ruto, who has been out of the country, is yet to comment on record highs, with the diesel price increasing by 23.5% and gasoline by 8%.

By The Associated PressMay 18, 2026
Taiwan’s president says the U.S. arms sales that Trump called a bargaining chip with China are ‘the most important deterrent’ of regional conflict

Trump approved in December a record-breaking $11 billion arms package to Taiwan including missiles, drones, artillery systems and military software.

By The Associated PressMay 17, 2026
A 45,000-person labor strike at Samsung’s memory chip plants could throw a wrench into the AI boom

Nearly 45,00

By Catherina GioinoMay 17, 2026
More in Asia
Middle East
More in Middle East
Current price of oil as of May 12, 2026
Current price of oil as of May 12, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 12, 2026
Current price of oil as of May 5, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 5, 2026
Current price of oil as of April 28, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 28, 2026
Current price of oil as of April 21, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 21, 2026
More in Middle East
Global
More in Global
How Coach became Gen Z’s favorite affordable luxury handbag brand
How Coach became Gen Z’s favorite affordable luxury handbag brand

Coach has found the sweet spot between high luxury and good prices.

By Phil WahbaMay 19, 2026
Forget tariffs and the Iran oil shock—a top economist says the Fed is blind to the real inflation threat

“We have an aggregate demand issue, not a supply disruption issue,” says William Luther, an associate professor at Florida Atlantic University.

By Shawn TullyMay 19, 2026
Billionaire space founder says a simple kids marshmallow test can reveal if you’ll stay stuck in the middle class forever

Billionaire says leasing a car is the biggest red flag you’ll stay stuck in the middle class—and Americans’ $1.67 trillion auto loan bill proves his point.

By Orianna Rosa RoyleMay 19, 2026
Musk vs. Altman: AI safety cannot be one man’s job

The Oakland trial was a fight between two billionaires offering themselves as the guarantors of AI’s future. We deserve a better answer.

By Stavros GadinisMay 18, 2026
More in Global
Latest Stories
Top CD rates today, May 19, 2026: Lock in up to up to 4.20%
Personal FinanceTop CD rates today, May 19, 2026: Lock in up to up to 4.20%
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The top high-yield savings rates: Up to 5.00% on May 19, 2026
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By Glen Luke FlanaganMay 19, 2026
OpenAI CEO Sam Altman in Oakland, California, on May 12, 2026. (Photo: Josh Edelson/AFP/Getty Images)
NewslettersMusk v. Altman: That’s all, folks
By Andrew NuscaMay 19, 2026
ESG may be fading—but moral leadership isn’t
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Mortgage rates today, May 19, 2026
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Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid
Personal FinanceEmployers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid
By Courtney Vinopal and HR BrewMay 18, 2026
More Latest
Harvard University banners hang in front of a building
CryptoHarvard sold off its entire $87 million Ethereum stake just one quarter after buying it
By Jack KubinecMay 18, 2026
Not the Allbirds effect: Japan’s top bidet maker Toto has been quietly making chip supplies for decades, and the stock market finally noticed
AINot the Allbirds effect: Japan’s top bidet maker Toto has been quietly making chip supplies for decades, and the stock market finally noticed
By Catherina GioinoMay 18, 2026
monet
Cybersecurity6.7 million people thought they were ripping apart an AI-generated Monet painting. But it was real
By Nick LichtenbergMay 18, 2026
President Donald Trump speaks to the media aboard Air Force One on May 15, 2026.
EconomyWhile Trump insisted the Iran war would end ‘soon,’ an account in his name was buying millions in oil, defense and gold
By Eva RoytburgMay 18, 2026
broker
InvestingAI is eating the market and Wall Street strategists have bubble brain as they debate: are we in 1997 or 1999?
By Nick LichtenbergMay 18, 2026
Attendees sit to watch a speech during the 2023 Consensus conference in Austin, Texas
CryptoA strip club scandal at a major crypto industry event triggers sponsor backlash
By Jack KubinecMay 18, 2026
data center
AICommunities are blocking billions in data centers. Big Tech has wagered $1 trillion otherwise
By Nick LichtenbergMay 18, 2026
Fortune Workplace Innovation Summit logo
ConferencesFortune Workplace Innovation Summit 2026 livestream
By Fortune EditorsMay 18, 2026
David Solomon
SuccessGoldman Sachs CEO David Solomon had 2 jobs as a teenager while also juggling 3 sports. Now, he’s telling Gen Z to stop wasting time
By Preston ForeMay 18, 2026
griffin
AIBillionaire Ken Griffin used to dismiss AI as ‘garbage.’ Here’s why he changed his mind—and why he’s ‘depressed’
By Nick LichtenbergMay 18, 2026
Top CD rates from major banks May 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
BankingTop CD rates from major banks on May 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Danny BakstMay 18, 2026
Current price of Ethereum for May 18, 2026
Personal FinanceCurrent price of Ethereum for May 18, 2026
By Joseph HostetlerMay 18, 2026
Current price of Bitcoin for May 18, 2026
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michael
Arts & EntertainmentMoviegoers still hungry for sanitized Michael Jackson biopic, knocking ‘Devil Wears Prada 2’ off top spot
By Lindsey Bahr and The Associated PressMay 18, 2026
haidt
AIA record number of 18-year-olds are set to graduate into an economy designed against them
By Nick LichtenbergMay 18, 2026
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spirit
Travel & LeisureSpirit Airlines apologizes to all the Americans who can’t afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
shakira
LawShakira will get a $64 million refund from the Spanish government after judge finds she’s not a tax fraud after all
By The Associated PressMay 18, 2026
US President Donald Trump speaks before signing an executive order in the Oval Office at the White House in Washington, DC, as Commerce Secretary Howard Lutnick looks on.
NewslettersTrump’s new corporate playbook: Why the administration is taking equity stakes in companies like Intel
By Sheryl EstradaMay 18, 2026
A panel on Gen Z workers sit alongside Fortune's Kristin Stoller at the Fortune Workplace Innovation Summit.
NewslettersAI in the workplace is stumbling. Fortune’s Workplace Innovation Summit will dive in to why
By Kristin StollerMay 18, 2026
charlie
CommentaryAnaplan CEO: AI isn’t eating software. It’s sorting it
By Charlie GottdienerMay 18, 2026
Wallet makers are the quiet backbone of the crypto industry. Now they want to be banks
NewslettersWallet makers are the quiet backbone of the crypto industry. Now they want to be banks
By Jeff John RobertsMay 18, 2026
President Donald Trump speaks in front of the American flag to the press as he departs the White House on May 12, 2026 in Washington, DC.
EconomyPresident Trump says the White House’s dealmaking era ends with him: ‘It’s not going to happen again’
By Eleanor PringleMay 18, 2026
Carl Fritjofsson smiles in a blue t-shirt
Startups & VentureThe AI boom is pulling Europe’s hottest startups to the U.S.—whether they planned to move or not
By Lily Mae LazarusMay 18, 2026
Trump’s leadership model has a succession problem
C-SuiteTrump’s leadership model has a succession problem
By Ruth UmohMay 18, 2026
Photo montage of machines that make up a car wash
AIHow a mom-and-pop car wash chain went from sticky notes to AI-powered operations that are upleveling every part of the company
By Sage LazzaroMay 18, 2026
Outnumbered: At $4 billion ClickUp, a 3:1 agent-to-human ratio is rewiring work itself
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By Sage LazzaroMay 18, 2026
Photo collage of people at work
AIAfter AI stole his clients, one Big Tech ghostwriter is using AI to get them back
By Sage LazzaroMay 18, 2026
The smartphone’s days are numbered. Meet the device that could come next
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By Alyson ShontellMay 18, 2026
Photo montage of a person working on a laptop surrounded by tech imagery
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By Beatrice NolanMay 18, 2026
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The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promisesplaceholder alt text
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