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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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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

1

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

2

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

3

Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties
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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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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
  • Anthropic CEO Dario Amodei and AI whistleblower Jacob Coxon agree: Something terrifying could happen in a matter of months
    AI
    Anthropic CEO Dario Amodei and AI whistleblower Jacob Coxon agree: Something terrifying could happen in a matter of months
    By Jason MaSeptember 13, 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
baton
Startups & Venture
Exclusive: The great boomer business handover just got its own Zestimate
By Nick LichtenbergSeptember 15, 2026
Harvard Kennedy fellow Shlomit Wagman: The U.S. and China will never trust each other on AI. That may not matter
Commentary
Harvard Kennedy fellow Shlomit Wagman: The U.S. and China will never trust each other on AI. That may not matter
By Shlomit WagmanSeptember 15, 2026
Sam Altman says OpenAI’s IPO window has been pushed to 2027—but markets aren’t the culprit
Newsletters
Sam Altman says OpenAI’s IPO window has been pushed to 2027—but markets aren’t the culprit
By Allie GarfinkleSeptember 15, 2026
Traders work on the floor of the New York Stock Exchange during morning trading on September 14, 2026 in New York City. (Photo: Michael M. Santiago/Getty Images)
Newsletters
Who will feel the pain of an AI slowdown? It’s not who you think
By Andrew NuscaSeptember 15, 2026
  • ‘It’s really embarrassing that this is still a possibility’ — AI could exploit a flaw in Georgia’s voting equipment and match voters to their ballots
    Cybersecurity
    ‘It’s really embarrassing that this is still a possibility’ — AI could exploit a flaw in Georgia’s voting equipment and match voters to their ballots
    By Kate Brumback and The Associated PressSeptember 13, 2026
Mustafa Dar (left) and Nabeel Alamgir (right) stand in front of the Charing Bull, the bronze sculpture located in Wall Street.
Crypto
Exclusive: Expa and Coinbase Ventures-backed Fin.com emerges from stealth with $20 million seed round to build out global stablecoin infrastructure
By Camila Grigera NaónSeptember 15, 2026
Kate Dohaney says AI demands a different type of leadership—‘I’m not a CEO sitting back saying cut, cut, cut’
Europe
Kate Dohaney says AI demands a different type of leadership—‘I’m not a CEO sitting back saying cut, cut, cut’
By Kamal AhmedSeptember 15, 2026
t
AI
Trump tells Americans not to ‘kill the golden goose’ rejecting voters’ turn against AI and data centers
By Eva RoytburgSeptember 14, 2026
Long COVID’s brain fog finally has a biological explanation: Dopamine loss
Health
Long COVID’s brain fog finally has a biological explanation: Dopamine loss
By Catherina GioinoSeptember 14, 2026
Uber’s CEO hints at cheaper rides after the company announced 3,300 corporate jobs
Big Tech
Uber’s CEO hints at cheaper rides after the company announced 3,300 corporate jobs
By Marco Quiroz-GutierrezSeptember 14, 2026
  • Photo of Mike Bloomberg
    Success
    Billionaire Mike Bloomberg was fired after dedicating 15 years of his career to Salomon Brothers—the next morning, he founded his media empire
    By Emma BurleighSeptember 13, 2026
Chris LeHane, OpenAi's vice president of global policy, gesturing with one hand outstretched while speaking on stage at a conference.
Politics
After ‘tense negotiations’ with OpenAI, California enacts law named for teen who consulted ChatGPT before suicide. It could become a national standard
By Emily ForliniSeptember 14, 2026
OpenAI’s Sam Altman says Paul Graham’s Y Combinator taught him how to govern, not rule: ‘We won’t get every decision right’
C-Suite
OpenAI’s Sam Altman says Paul Graham’s Y Combinator taught him how to govern, not rule: ‘We won’t get every decision right’
By Tatiana SatauaSeptember 14, 2026
warsh
Investing
‘Crazy days’ and ‘silly season’ in the stock market raise the prospect of a ‘late-stage’ AI bubble finally popping
By Nick LichtenbergSeptember 14, 2026
Photo of OpenAI CEO Sam Altman speaking at a G20 meeting.
AI
OpenAI may have violated California’s AI safety law with latest model releases, AI watchdog says
By Beatrice Nolan and Emily ForliniSeptember 14, 2026
Traders work on the floor of the New York Stock Exchange during morning trading on September 14, 2026 in New York City.
Big Tech
Wall Street’s AI doomsday trade is here: chipmakers sink while hyperscalers gain
By Eva RoytburgSeptember 14, 2026
Michael Dell
Success
Michael Dell is now the fifth richest person in the world—his worth has nearly doubled to $262 billion in the last year alone thanks to AI
By Emma BurleighSeptember 14, 2026
Three Spirit Airlines jets, painted in the company's yellow and black livery, lined up on an airport tarmac.
AI
Google wants Spirit Airlines’ data. Micro1 wants to pay more
By Wen ShaoSeptember 14, 2026
Microsoft AI chief: ‘Now’s the time’ for top labs to coordinate on safety
AI
Microsoft AI chief: ‘Now’s the time’ for top labs to coordinate on safety
By Sebastian HerreraSeptember 14, 2026
AI is powerful. Human expertise makes it matter
AI
AI is powerful. Human expertise makes it matter
By Dave BozemanSeptember 14, 2026
OpenAI’s IPO wait grows longer as AI safety fears mount
Big Tech
OpenAI’s IPO wait grows longer as AI safety fears mount
By Sheryl EstradaSeptember 14, 2026
da
Newsletters
The AI apocalypse warning that finally went mainstream
By Allie GarfinkleSeptember 14, 2026
AWXI - Day 1
Commentary
Ziff Davis CEO: if OpenAI can find $750 billion for data centers, it can find money for publishers, too
By Vivek ShahSeptember 14, 2026
Photo of Jamie Dimon
C-Suite
Jamie Dimon says the American Dream is slipping away. The dysfunctional baby boomer retirement wave is a major part of the problem
By Nick LichtenbergSeptember 14, 2026
Dario Amodei, co-founder and chief executive officer of Anthropic, in San Francisco, California, on April 30, 2026. (Photo: Jason Henry/Bloomberg/Getty Images)
Newsletters
Who will set the pace of AI development?
By Andrew NuscaSeptember 14, 2026
Humanoids will have their ‘GPT-3.5’ moment within 5 years, says AGIBOT co-founder Yao Maoqing
Innovation
Humanoids will have their ‘GPT-3.5’ moment within 5 years, says AGIBOT co-founder Yao Maoqing
By Angelica AngSeptember 14, 2026
AI is remaking the workforce faster than universities can decide how—or whether—to teach it
AI
AI is remaking the workforce faster than universities can decide how—or whether—to teach it
By Marco Quiroz-GutierrezSeptember 14, 2026
Two people browse books in a bookstore.
AI
‘They’re likely to get squeezed’: AI slop books are flooding online marketplaces—and it’s coming at the expense of paychecks for human authors
By Sasha RogelbergSeptember 14, 2026
Stocks are in a late-stage bubble and poised to crash 21% next year, while Treasury yields above 5% will signal a new era of tight money, analysts say
Investing
Stocks are in a late-stage bubble and poised to crash 21% next year, while Treasury yields above 5% will signal a new era of tight money, analysts say
By Jason MaSeptember 13, 2026
While Barack Obama urges Democrats to make AI a campaign issue, Trump downplays the need to slow development despite dire warnings 
AI
While Barack Obama urges Democrats to make AI a campaign issue, Trump downplays the need to slow development despite dire warnings 
By Darlene Superville, Didi Tang and The Associated PressSeptember 13, 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
By Catherina GioinoOctober 5, 2026
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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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