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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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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

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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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Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different reality

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Current price of oil as of October 6, 2026
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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
ads
Researchers tracked $80 million in political ads using AI—and Republicans were behind 83% of them
By Travis N. Ridout, Erika Franklin Fowler, Michael Franz and The ConversationOctober 6, 2026
Futurist Amy Webb speaking at the Fortune AIQ Summit.
Finding value from AI in big companies comes down to people, not technology
By Jeremy KahnOctober 6, 2026
Asmita Dubey is the chief digital and marketing officer, at L'Oréal
As AI reshapes the consumer journey, L’Oréal is rethinking its marketing engine
By Kirsty McGregor and Francesca CassidyOctober 6, 2026
a
‘AI Snake Oil’ author sees chatbots evolving into a ‘truth oracle’—and journalism heading somewhere it hasn’t been in 200 years
By Nick LichtenbergOctober 6, 2026
Elon Musk
Elon Musk is a trillionaire again—and he’d still be the richest person on the planet even if he gave everyone $90
By Emma BurleighOctober 6, 2026
Fortune banner
Big Tech
More in Big Tech
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
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
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
Inside Europe’s biggest companies—and the forces reshaping them

As the combined revenues of Europe’s largest companies hit a record high, the continent’s CEOs must navigate a new business landscape shaped by AI, geopolitics, climate change, and intensifying global competition.

By Sam ForsdickOctober 6, 2026
The Future 120—How vital firms stay forever young

For the ranking, we analyzed more than 10 million data points and zeroed in on the 15 most predictive metrics, each robust and correlated with future revenue growth, to produce BCG’s Vitality Score.

By Ketil Gjerstad, Johann Harnoss, Viacheslav Romanov and Sophie ThorupOctober 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
jasper
I’ve spent a decade teaching AI to write. Here’s why your slop posts are ruining your LinkedIn

Ten years ago, it would have been inconceivable for a Fortune 500 firm and a mom-and-pop to share a ghostwriter. So why are they now?

By Jasper PyeOctober 6, 2026
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
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
Exclusive: OpenAI is piloting a ‘mission interview’ for job candidates

The idea is to test how candidates think, and how they’ll contribute to the company’s goal of ensuring “that artificial general intelligence (AGI) benefits all of humanity.”

By Emily ForliniOctober 5, 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
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
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
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
More in Innovation
Cybersecurity
More in Cybersecurity
Photo of a 1979 Pontiac Firebird Trans Am
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
Nvidia CEO Jensen Huang has emerged as the biggest foil to AI doomerism about the existential risk to humanity

The AI chipmaking giant is stepping in to prevent further AI agent breaches.

By Joshua HongOctober 4, 2026
While OpenAI and Anthropic battle over data privacy, more companies look to open models and ‘sovereign AI’

Reports of rogue agents and allegations of IP theft from top tech CEOs are fueling business paranoia about surrendering IP. Here are the options some are exploring to move fast without introducing significant risk.

By Emily ForliniOctober 5, 2026
More in Cybersecurity
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Actors union is bargaining for ‘Tilly tax’ on AI film characters
AI
Actors union is bargaining for ‘Tilly tax’ on AI film characters
By Victor Swezey and BloombergMarch 28, 2026
  • New Disney CEO Josh D'Amaro pictured
    Arts & Entertainment
    Disney CEO’s no good, very bad week: Josh D’Amaro is dealing with 3 major headaches
    By Tristan BoveMarch 26, 2026
rick
AI
Meet a 29-year-old blue-collar founder who used AI to triple his revenue in 3 years
By Nick LichtenbergMarch 28, 2026
tomas
Commentary
Former Trump advisor: ‘Conservatives’ risk killing America’s golden goose by taxing university research
By Tomas J. PhilipsonMarch 28, 2026
Elon Musk’s companies, once welcomed in Baltimore with open arms, are now getting stiff-armed—or sued
AI
Elon Musk’s companies, once welcomed in Baltimore with open arms, are now getting stiff-armed—or sued
By Jessica MathewsMarch 28, 2026
Elon Musk’s name alone is turning Nashville residents against his tunnel project, survey shows
Big Tech
Elon Musk’s name alone is turning Nashville residents against his tunnel project, survey shows
By Marco Quiroz-GutierrezMarch 28, 2026
barlow
Commentary
Data centers aren’t breaking the grid. A broken grid is
By Brian BarlowMarch 28, 2026
  • startup team smiles in front of camera
    Crypto
    Exclusive: Megapot raises $5 million to create a crypto-powered global lottery
    By Carlos GarciaMarch 26, 2026
Are you addicted to technology? 6 questions experts use to help spot red flags
Big Tech
Are you addicted to technology? 6 questions experts use to help spot red flags
By Kristin StollerMarch 28, 2026
A Macy's entrance in a mall.
Retail
Macy’s just launched an AI-powered shopping assistant. Customers who use it spend nearly 400% more 
By Jacqueline MunisMarch 27, 2026
Meta's Hyperion data-center site in Northeastern Louisiana.
Energy
Meta orders 10 gas-fired power plants for its Hyperion AI campus in rural Louisiana—more than triple the initial plan
By Jordan BlumMarch 27, 2026
Meta promised it wouldn’t spy on you with its AI smart glasses. A lawsuit says humans are watching you, actually
Law
Meta promised it wouldn’t spy on you with its AI smart glasses. A lawsuit says humans are watching you, actually
By Catherina GioinoMarch 27, 2026
Steve Wozniak speaks into a microphone, raising his palm in the air.
Big Tech
Apple cofounder Steve Wozniak admits he’s ‘disappointed a lot’ by AI and hardly uses it: ‘They just sound too dry and too perfect’
By Sasha RogelbergMarch 27, 2026
  • Water storage construction on the Meta data center site in Holly Ridge, Richland Parish, Louisiana.
    AI
    Inside Meta’s chaotic AI boomtown in rural Louisiana
    By Sharon GoldmanMarch 26, 2026
Microsoft is picking up a Texas data center project OpenAI didn’t want, in a telling sign of how far they’ve drifted apart
AI
Microsoft is picking up a Texas data center project OpenAI didn’t want, in a telling sign of how far they’ve drifted apart
By Matt O'Brien and The Associated PressMarch 27, 2026
The Army and Amazon are creating an online storefront to buy drones as the technology transforms the battlefield
Innovation
The Army and Amazon are creating an online storefront to buy drones as the technology transforms the battlefield
By Jason MaMarch 27, 2026
kid on laptop with parent blindfolding them
Politics
Americans want kids shielded from the internet. They don’t trust websites or the government to do anything about it
By Catherina GioinoMarch 27, 2026
Director of the Federal Bureau of Investigation (FBI) Kash Patel delivers remarks as U.S. President Donald Trump makes an announcement on his Homeland Security Task Force in the State Dinning Room of the White House on October 23, 2025 in Washington, DC.
Cybersecurity
Pro-Iranian hackers claim they breached FBI Director Kash Patel’s personal email as Trump administration offers $10 million reward
By Eric Tucker and The Associated PressMarch 27, 2026
Mark Zuckerberg has cut 25,000 jobs at Meta since 2022. Here’s what that says about his leadership
C-Suite
Mark Zuckerberg has cut 25,000 jobs at Meta since 2022. Here’s what that says about his leadership
By Marco Quiroz-GutierrezMarch 27, 2026
Crypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
Crypto
Crypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
By Jeff John RobertsMarch 27, 2026
mallun
AI
Your enterprise customers don’t know how to buy AI — and it’s killing deals
By Mallun YenMarch 27, 2026
The tools to get ahead of AI disruption already exist — we just need to use them differently
Partner Commentary
The tools to get ahead of AI disruption already exist — we just need to use them differently
By Bijal Shah and Zoe Weintraub BarrettMarch 27, 2026
VC firms rarely reinvent themselves. Kleiner Perkins did—and has a new $3.5 billion to show for it
Newsletters
VC firms rarely reinvent themselves. Kleiner Perkins did—and has a new $3.5 billion to show for it
By Allie GarfinkleMarch 27, 2026
chat
Cybersecurity
What if I told you the ‘AI slop’ debate was over 100 years old? It used to be about ‘ghostwriting’
By Emily Hodgson Anderson and The ConversationMarch 27, 2026
Anthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
Big Tech
Anthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
By Jim EdwardsMarch 27, 2026
krueger
Commentary
Rogue AI is already here
By David KruegerMarch 27, 2026
Anthropic data leak reveals powerful, secret Mythos AI model
Newsletters
Anthropic data leak reveals powerful, secret Mythos AI model
By Alexei OreskovicMarch 27, 2026
Cursor CEO warns vibe coding builds ‘shaky foundations’ and eventually ‘things start to crumble’
AI
Cursor CEO warns vibe coding builds ‘shaky foundations’ and eventually ‘things start to crumble’
By Marco Quiroz-GutierrezMarch 27, 2026
Anthropic CEO Dario Amodei.
AI
Exclusive: Anthropic acknowledges testing new AI model representing ‘step change’ in capabilities, after accidental data leak reveals its existence
By Beatrice NolanMarch 26, 2026
Anthropic's logo on a wall.
AI
Exclusive: Anthropic left details of an unreleased model, invite-only CEO retreat, sitting in an unsecured data trove in a significant security lapse
By Beatrice NolanMarch 26, 2026
Defense startup Shield AI is projecting more than $540 million in revenue this year as valuation more than doubles to $12.7 billion
Startups & Venture
Defense startup Shield AI is projecting more than $540 million in revenue this year as valuation more than doubles to $12.7 billion
By Jessica MathewsMarch 26, 2026
U.S. judge blocks Pentagon’s ‘Orwellian notion’ to label Anthropic a supply chain risk and ban Claude from the government
AI
U.S. judge blocks Pentagon’s ‘Orwellian notion’ to label Anthropic a supply chain risk and ban Claude from the government
By The Associated PressMarch 26, 2026
Southeast Asia could become a booming AI market if its data centers can beat the heat
AI
Southeast Asia could become a booming AI market if its data centers can beat the heat
By Angelica AngMarch 26, 2026
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Law
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
By Catherina GioinoOctober 5, 2026
Success
Wealthy boomers doubt their heirs will keep giving as $124 trillion changes hands, BofA finds. The data shows a different realityplaceholder alt text
By Sydney LakeOctober 6, 2026
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Current price of oil as of October 6, 2026placeholder alt text
By Joseph HostetlerOctober 6, 2026
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