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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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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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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
  • Sam Altman on the burden of leading OpenAI amid AI safety concerns: ‘You get used to anything’
    AI
    Sam Altman on the burden of leading OpenAI amid AI safety concerns: ‘You get used to anything’
    By Fortune EditorsSeptember 15, 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
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
AI agents are going rogue. CIOs are racing to put guardrails around them
Newsletters
AI agents are going rogue. CIOs are racing to put guardrails around them
By John KellSeptember 16, 2026
Anthropic logo
AI
Anthropic merges its Claude chat and agentic Cowork products into a single AI assistant as part of a push to build an AI superapp
By Beatrice NolanSeptember 16, 2026
Sam Altman, sitting and holding a microphone to his mouth
Success
Sam Altman says he likes to relax by watching 5-10 minutes of short-form, TikTok-style videos—but admits the dopamine rush is ‘dangerous’ for kids
By Preston ForeSeptember 16, 2026
  • Mark Zuckerberg is outsourcing his thinking to AI. It shows in his new ‘personal AI agent’ experiment
    Commentary
    Mark Zuckerberg is outsourcing his thinking to AI. It shows in his new ‘personal AI agent’ experiment
    By Julio Ottino and Brian UzziSeptember 15, 2026
varun
Commentary
Data centers can be good citizens. It’s why we’re partnering with Google and Nvidia to create the AI Energy Management Alliance 
By Varun SivaramSeptember 16, 2026
HSBC building at the heart of Canary Wharf financial district.
Energy
Finance is the most dominant sector by revenue, new Fortune 500 Europe list shows
By Sheryl EstradaSeptember 16, 2026
Current price of Ethereum for Sept. 16, 2026
Personal Finance
Current price of Ethereum for September 16, 2026
By Joseph HostetlerSeptember 16, 2026
Arcee AI trained four models for $20 million. Now, it’s worth $1 billion.
Newsletters
Arcee AI trained four models for $20 million. Now, it’s worth $1 billion.
By Allie GarfinkleSeptember 16, 2026
An energy crisis looms for Europe’s industrial giants. For GEA Group, it’s an opportunity 
Europe
An energy crisis looms for Europe’s industrial giants. For GEA Group, it’s an opportunity 
By Kirsty McGregorSeptember 16, 2026
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    Startups & Venture
    Exclusive: The great boomer business handover just got its own Zestimate
    By Nick LichtenbergSeptember 15, 2026
I’ve visited school districts from Tennessee to NYC. American kids are not ready for the AI revolution
Commentary
I’ve visited school districts from Tennessee to NYC. American kids are not ready for the AI revolution
By Dora PalfiSeptember 16, 2026
The Middle East’s female founders are on the rise. Why isn’t the funding following?
Middle East
The Middle East’s female founders are on the rise. Why isn’t the funding following?
By Melissa HancockSeptember 16, 2026
General Motors CEO Mary Barra in Detroit, Michigan, on Jan. 12, 2026. (Photo: Jeff Kowalsky/Bloomberg/Getty Images)
Newsletters
GM plans to integrate Apple CarPlay and Android Auto after all
By Andrew NuscaSeptember 16, 2026
Millennials are winning the AI talent wars—they’re getting 60% of all the top AI jobs and earning $236K salaries. But most of them are men.
Success
Millennials are winning the AI talent wars—they’re getting 60% of all the top AI jobs and earning $236K salaries. But most of them are men.
By Orianna Rosa RoyleSeptember 16, 2026
I’m a female founder with a liberal arts degree and my company has raised $280 million. You don’t need a PhD to build a robotics startup
Commentary
I’m a female founder with a liberal arts degree and my company has raised $280 million. You don’t need a PhD to build a robotics startup
By Oana JingaSeptember 16, 2026
gen
Economy
‘People just do not want the world to change so much’: The war over the future of work being fought by Gen Z
By Nick LichtenbergSeptember 16, 2026
Photo of teenagers playing chess outside
Retail
Gen Z is the most online generation but this Christmas, they want gifts to get them outside
By Mia OsmonbekovSeptember 16, 2026
Anthropic will open its Singapore office in October, chasing OpenAI for Southeast Asia’s AI market
Asia
Anthropic will open its Singapore office in October, chasing OpenAI for Southeast Asia’s AI market
By Angelica AngSeptember 16, 2026
Agility is the most important skill in the AI age, says Capgemini CEO
Europe
Agility is the most important skill in the AI age, says Capgemini CEO
By Kamal AhmedSeptember 16, 2026
‘The end of the keyboard is near’: Christian Klein predicts voice translation will be the next workplace advantage
Europe
‘The end of the keyboard is near’: Christian Klein predicts voice translation will be the next workplace advantage
By Kamal AhmedSeptember 16, 2026
Europe Fortune 500, 2026
Europe
Europe’s Fortune 500 2026: Record revenue, shrinking margins, and a new No. 1 country
By Sam BirchallSeptember 16, 2026
Karin Rådström is steering Daimler Truck in a new direction as the world’s biggest truckmaker faces a growing challenge from China
Europe
Karin Rådström is steering Daimler Truck in a new direction as the world’s biggest truckmaker faces a growing challenge from China
By Sam ForsdickSeptember 16, 2026
Urgent calls from OpenAI, Anthropic for an AI slowdown fall on deaf ears with Trump, Xi ahead of next week’s meeting
AI
Urgent calls from OpenAI, Anthropic for an AI slowdown fall on deaf ears with Trump, Xi ahead of next week’s meeting
By Emily ForliniSeptember 15, 2026
Anthropic CEO Dario Amodei
Newsletters
Push for AI regulation mounts as talk of AI’s ‘existential’ risks go mainstream. But Trump resists calls for a slowdown
By Jeremy KahnSeptember 15, 2026
‘Give the American people a say in how AI develops’: Alex Bores launches a $30 million nonprofit bent on regulating AI
AI
‘Give the American people a say in how AI develops’: Alex Bores launches a $30 million nonprofit bent on regulating AI
By Catherina GioinoSeptember 15, 2026
Elon Musk, the world’s richest man, says he’s living in an Airstream trailer to oversee xAI’s biggest expansion yet
Big Tech
Elon Musk, the world’s richest man, says he’s living in an Airstream trailer to oversee xAI’s biggest expansion yet
By Marco Quiroz-GutierrezSeptember 15, 2026
Bernie Sanders says if AI is coming for workers, it should bring a four-day workweek with it
Politics
Bernie Sanders says if AI is coming for workers, it should bring a four-day workweek with it
By Tatiana SatauaSeptember 15, 2026
CADDi founder and CEO Yushiro Kato.
Innovation
Exclusive: Manufacturing AI startup CADDi valued at $1.2 billion following $114 million Series D funding round
By Jeremy KahnSeptember 15, 2026
Cam Skattebo #44 of the New York Giants celebrates a touchdown during the first quarter against the Dallas Cowboys at MetLife Stadium.
Arts & Entertainment
Shrinkflation is coming for pro sports: The cost of watching the NFL jumped 28.6%—and attending a game 72%—since 2015
By Joshua HongSeptember 15, 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
Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent showsplaceholder alt text
By Preston ForeOctober 6, 2026
Law
Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida propertiesplaceholder alt text
By Catherina GioinoOctober 6, 2026
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