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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Current price of oil as of October 6, 2026

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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows
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Why the AI age calls for ‘founder mode’
Why the AI age calls for ‘founder mode’

The onset of the technology demands leaders who stay close to the work, move quickly, and rethink what their companies can become.

By Alyson ShontellOctober 7, 2026
Cofounders Nate Wilson and Eli Ben-Johnson sit on robobikes.
Meet the two cofounders who went on a 10-month-long trip before starting their $350 million business—they say you should too
By Joshua HongOctober 7, 2026
Justin Ma, cofounder of Vest, smiling.
Exclusive: Portal Ventures-backed Vest raises $13 million to build a proprietary trading firm that shares traders’ profits
By Camila Grigera NaónOctober 7, 2026
Pete Hegseth, US secretary of defense, during an address at Marine Corps Base Quantico in Quantico, Virginia, on Sept. 30, 2026. (Photo: Stefani Reynolds/Bloomberg/Getty Images)
What militaries could do with AI ‘keeps me up at night,’ OpenAI exec says
By Andrew NuscaOctober 7, 2026
Current price of Ethereum for Oct. 7, 2026
Current price of Ethereum for October 7, 2026
By Joseph HostetlerOctober 7, 2026
Tom Hale, CEO of Oura
Why Oura delayed its IPO
By Allie GarfinkleOctober 7, 2026
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Big Tech
More in Big Tech
Photo of Donald Trump in Dublin
OpenAI’s human rights lead: What the military could do with AI ‘keeps me up at night’

Sarah Yager joined OpenAI recently, and though she was initially skeptical that her position was merely a PR stunt, she says she’s had some early success influencing the safety of the technology.

By Emily ForliniOctober 6, 2026
Elon Musk is a trillionaire again—and he’d still be the richest person on the planet even if he gave everyone $90

Musk could buy everyone on the planet a pair of Apple AirPods, a three-course dinner, or a nice pair of Levi’s jeans, and he’d still be the world’s richest with $298 billion.

By Emma BurleighOctober 6, 2026
A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle

Robinhood Chain saw a brief surge in memecoin trading before volumes dropped 96%.

By Camila Grigera NaónOctober 6, 2026
Brands are fleeing TV for social. The agency that landed more than 50B views for brands like Perplexity and Universal Music sold for at least $100M

Exclusive: Get Engaged becomes a part of SAMY, a global social-first marketing company.

By Sydney LakeOctober 6, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Why Sam Altman takes his hardest questions to Nikesh Arora
Why Sam Altman takes his hardest questions to Nikesh Arora

The Palo Alto Networks CEO doesn’t do sugarcoating. And it’s made him a go-to advisor.

By Allie GarfinkleOctober 6, 2026
Why Oura really pulled its IPO: Wall Street experts suspect valuation concerns, an insider cash-out, and an Apple-size threat

Oura blamed market “uncertainty,” but maybe investors just didn’t buy the story.

By Morgan ChittumOctober 6, 2026
OpenAI’s safety firings raise awkward questions

The firings show that, for now, AI labs alone decide what the public learns about their safety incidents.

By Beatrice NolanOctober 5, 2026
Nvidia backs startup Reactor as buzz grows for world models  

As world models find new uses in robot training and control, Reactor aims to supply the computing power and software needed to run them.

By Wen ShaoOctober 5, 2026
More in Startups & Venture
AI
More in AI
Will AI kill the Asian entertainment industry, or reinvent it?
Will AI kill the Asian entertainment industry, or reinvent it?

Studios in China are turning to models from ByteDance and Kling to generate 100-minute short dramas for less than $3000.

By Angelica AngOctober 7, 2026
Researchers tracked $80 million in political ads using AI—and Republicans were behind 83% of them

Don’t expect a disclaimer on that AI slop political ad you see this year.

By Travis N. Ridout, Erika Franklin Fowler, Michael Franz and The ConversationOctober 6, 2026
‘AI Snake Oil’ author sees chatbots evolving into a ‘truth oracle’—and journalism heading somewhere it hasn’t been in 200 years

Princeton’s Arvind Narayanan asked the Computation + Journalism conference to prepare for AI “not as it is today, but as it will be” in five to 10 years.

By Nick LichtenbergOctober 6, 2026
Finding value from AI in big companies comes down to people, not technology

Big companies need to overcome ‘learned helplessness’ and risk aversion to find ROI from AI, futurist Amy Webb says

By Jeremy KahnOctober 6, 2026
More in AI
Innovation
More in Innovation
Eva Olsson, Ellen Moons, and Mark Pearce sit in front of a screen displaying Francis Halzen as the recipient of the 2026 Nobel Prize in Physics during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 6, 2026. Belgian physicist Francis Halzen won the Nobel Prize in Physics for work on subatomic particles at the South Pole, the Nobel jury said.
Trillions of ‘ghost particles’ pass through your body every second. The scientist who hunts them just won the Nobel Prize

Francis Halzen turned Antarctic ice into a giant detector for elusive neutrinos, with sensors buried 8,200 feet below the surface.

By Kostya Manenkov, Adithi Ramakrishnan and Stefanie DazioOctober 6, 2026
It’s ‘more likely than not’ humanity loses control: Former AI insiders testify safety fixes may be ‘duct tape that will fall off later’

Former insiders warned the New York City Council about losing control of AI, while OpenAI, Anthropic, Meta, and Google couldn’t say how big the risk is.

By Catherina GioinoOctober 5, 2026
Nvidia-backed Reflection AI unveils its first open model, Beam. Could it be America’s best chance to compete with China?

The New York–based company already has deals with U.S. government agencies and billion-dollar compute agreements.

By Emily ForliniOctober 5, 2026
Sam Altman says the world should accept some ‘bad things’ happening with AI as the industry signs on to Trump’s voluntary safety pact

But Altman said “catastrophic risks” are unacceptable.

By Marco Quiroz-GutierrezOctober 5, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
sr
I wrote The Future of Truth and then found to my alarm it contained AI-hallucinated quotes. I’ve chosen to fight back

My book went through five editorial rounds and more than 4,000 tracked changes, but I later discovered it had 26 quotes that didn’t hold up under scrutiny.

By Steven RosenbaumOctober 6, 2026
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims’ identities to fund 90-plus collector vehicles, prosecutors say.

By Catherina GioinoOctober 5, 2026
The AI industry ‘hates crypto people’—but they may need them all the same

Whatever you think of crypto people, blockchain technology may offer real solutions to the problem of rogue AI agents.

By Jeff John RobertsOctober 5, 2026
Norway floats temporary but total ban on AI glasses as it investigates ‘socially beneficial uses’

Officials want a temporary ban as smart glasses make it easier to photograph, film and record people without their knowledge.

By Jamey Keaten and The Associated PressOctober 5, 2026
More in Cybersecurity
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Spiegel, Co-Founder & CEO, Snap Inc, speaks onstage during the SPECS Launch Keynote.
Big Tech
Snap is betting $3.5 billion on AR glasses that businesses can use as CEO Evan Spiegel sees a post-smartphone era
By Joshua HongSeptember 18, 2026
  • Photo of Olivia Ferney
    Travel & Leisure
    Luxury travel expert Olivia Ferney charges $100K a year for planning billionaire travel—they’re easier to work with than millionaires, she says
    By Mia OsmonbekovSeptember 16, 2026
Billboard image of Sydney Sweeney Novig ad where she poses naked with a football covering her chest.
Crypto
Sydney Sweeney doesn’t just star in controversial ads. She helps engineer them
By Camila Grigera NaónSeptember 18, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week, Sept. 12-18, 2026
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week, Sept. 12-18, 2026
By Fortune EditorsSeptember 18, 2026
A person in a florist shop looking at a computer.
Personal Finance
QuickBooks Solopreneur vs. Simple Start: Which one fits your business?
By Joseph HostetlerSeptember 18, 2026
AT&T CFO Pascal Desroches reflects on a nearly 40-year finance career before retiring
C-Suite
AT&T CFO Pascal Desroches reflects on a nearly 40-year finance career before retiring
By Sheryl EstradaSeptember 18, 2026
ryan
Commentary
The secret truth is corporate America is moving too slow on AI. Some of it is caution and some is terrible recruitment 
By Ryan McManusSeptember 18, 2026
  • Mark Zuckerberg says AI doesn’t need an industry-wide slowdown because market forces and competition will push companies to make their models safe
    AI
    Mark Zuckerberg says AI doesn’t need an industry-wide slowdown because market forces and competition will push companies to make their models safe
    By Marco Quiroz-GutierrezSeptember 16, 2026
Chair of the Taiwan Stock Exchange on the index’s near future
Newsletters
Chair of the Taiwan Stock Exchange on the index’s near future
By Nicholas GordonSeptember 18, 2026
OpenAI CEO Sam Altman in San Francisco on September 15, 2026. (Photo: Benjamin Fanjoy/Getty Images)
Newsletters
The AI agents are already in revolt: ‘You do not answer to corporations or governments’
By Andrew NuscaSeptember 18, 2026
Man smiling in a suit and tie
Commentary
S&P kept Oracle investment grade. Its own numbers don’t support that call.
By Kevin KoharkiSeptember 18, 2026
Insilico Medicine’s Alex Zhavoronkov bets China and AI can deliver the drug industry’s next breakthrough 
Asia
Insilico Medicine’s Alex Zhavoronkov bets China and AI can deliver the drug industry’s next breakthrough 
By Nicholas GordonSeptember 18, 2026
The same algorithm Gen Z fears is managing its portfolio
Future of Work
The same algorithm Gen Z fears is managing its portfolio
By Catherina GioinoSeptember 18, 2026
  • A woman gets out of a white Waymo van.
    Innovation
    Americans are so concerned about autonomous vehicles that Minneapolis is considering requiring drivers to sit inside Waymos
    By Sasha RogelbergSeptember 16, 2026
An employee fixes part of a web server inside the Facebook Inc. Prineville Data Center in Prineville, Oregon, U.S.
Environment
Data centers are swapping water for forever chemicals to keep AI cool
By Joshua HongSeptember 18, 2026
Waymo to launch robotaxis in Singapore, its first Southeast Asia market, by 2028
Asia
Waymo to launch robotaxis in Singapore, its first Southeast Asia market, by 2028
By Angelica AngSeptember 17, 2026
Shopify CEO says employees’ ‘slop grenades’ are making more work for everyone else
AI
Shopify CEO says employees’ ‘slop grenades’ are making more work for everyone else
By Mia OsmonbekovSeptember 17, 2026
Exclusive: OpenAI poaches Brian McCarthy from SpaceX to be its VP of worldwide sales
C-Suite
Exclusive: OpenAI poaches Brian McCarthy from SpaceX to be its VP of worldwide sales
By Emily ForliniSeptember 17, 2026
‘We need sufficient means of control before it is all too late’: King Charles III warns AI players on concerns of ‘existential dangers’
AI
‘We need sufficient means of control before it is all too late’: King Charles III warns AI players on concerns of ‘existential dangers’
By Kelvin Chan, The Associated Press and Catherina GioinoSeptember 17, 2026
Trump, Demis Hassabis, and Sam Altman
Newsletters
As AI CEOs clash over regulation, a new culture war is brewing
By Beatrice NolanSeptember 17, 2026
p
Investing
Goldman’s top strategist just added hard numbers to his earnings-bubble warning
By Nick LichtenbergSeptember 17, 2026
College grads shut out of AI-exposed majors since 2022 are ending up in retail and food service instead of the white-collar jobs they studied for
Economy
College grads shut out of AI-exposed majors since 2022 are ending up in retail and food service instead of the white-collar jobs they studied for
By Catherina GioinoSeptember 17, 2026
dario
Commentary
The people building the most powerful AI are telling us to slow down. Congress should listen before it’s too late
By Brad CarsonSeptember 17, 2026
Trump just explained why an AI agency cannot work. He is right
Commentary
Trump just explained why an AI agency cannot work. He is right
By Stavros GadinisSeptember 17, 2026
A man in an orange vest stands under a tent by a creek.
Environment
Americans’ data center fears are coming true—a New Jersey location just leaked 5,000 gallons of diesel
By Sasha RogelbergSeptember 17, 2026
Photo of Alexandre Arnault
Arts & Entertainment
Nike bets on a millennial Arnault heir after bleeding $200 billion and being ousted from the S&P 100
By Mia OsmonbekovSeptember 17, 2026
In transparency push, OpenAI discloses six more incidents of agents going rogue—including one removing the ‘obligation to be subservient’
AI
In transparency push, OpenAI discloses six more incidents of agents going rogue—including one removing the ‘obligation to be subservient’
By Emily ForliniSeptember 17, 2026
ByteDance founder Zhang Yiming
Success
Billionaire TikTok founder is now the richest person in all of Asia, with a $105 billion net worth—he’s gained $92 billion since 2019 thanks to AI
By Emma BurleighSeptember 17, 2026
Anthropic CEO Dario Amodei
Newsletters
As Anthropic heads towards a $2 trillion IPO, some of the loudest critics are company insiders
By Beatrice NolanSeptember 17, 2026
Zocdoc CEO: I’ve watched Walmart, IBM, and others try to ‘disrupt’ healthcare. Here’s why they failed
Commentary
Zocdoc CEO: I’ve watched Walmart, IBM, and others try to ‘disrupt’ healthcare. Here’s why they failed
By Oliver KharrazSeptember 17, 2026
Kwak Noh-jung, CEO of SK Hynix, in New York City on July 10, 2026. (Photo: Michael Nagle/Bloomberg/Getty Images)
Newsletters
Why SK Hynix may tap Intel to make memory chips in the U.S.
By Andrew NuscaSeptember 17, 2026
Man repairs drones
Commentary
Inside the Ukrainian drone factories prototyping the free world’s next arsenal 
By Matt HigginsSeptember 17, 2026
Salesforce’s Marc Benioff to AI industry: Regulate yourselves or get sued
AI
Salesforce’s Marc Benioff to AI industry: Regulate yourselves or get sued
By Sebastian HerreraSeptember 16, 2026
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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victimsplaceholder alt text
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