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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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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
  • Elizabeth Holmes’ handwritten note says a lot about how she believed she had to present herself as a CEO
    Tech
    Elizabeth Holmes’ handwritten note says a lot about how she believed she had to present herself as a CEO
    By Sydney LakeSeptember 11, 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
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
Jensen Huang waving
Success
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
By Preston ForeSeptember 13, 2026
Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’
Success
Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’
By Orianna Rosa RoyleSeptember 13, 2026
ai
Commentary
I run an organization dedicated to collective grieving. I recognize a familiar dynamic with AI in the workplace
By Brad WolfeSeptember 13, 2026
  • The logo of the decentralized prediction market platform Polymarket displays on the screen of a smartphone placed in front of a background showing a list of active bets,
    Investing
    A four-time Fortune 500 CFO makes a huge career bet—on joining Polymarket
    By Sheryl EstradaSeptember 11, 2026
Faced with less compute and fewer tokens, Chinese AI labs are tightening the gap with the U.S. by just being more efficient 
AI
Faced with less compute and fewer tokens, Chinese AI labs are tightening the gap with the U.S. by just being more efficient 
By Mia OsmonbekovSeptember 13, 2026
Black Lake founder Yuxiang Zhou pitted an AI agent against his top sales coach. His most experienced salespeople chose the AI
Asia
Black Lake founder Yuxiang Zhou pitted an AI agent against his top sales coach. His most experienced salespeople chose the AI
By Nicholas GordonSeptember 13, 2026
Bonobos cofounder Andy Dunn
Success
One year after a bipolar episode put him in the hospital, Bonobos cofounder Andy Dunn sold his company to Walmart for $310 million
By Emma BurleighSeptember 13, 2026
Amazon workers hold a large black sign that reads, "Amazon, We're humans, Not robots."
Economy
Amazon workers on food stamps have tripled despite its record revenue—and it’s just the latest evidence of the new economy of shrinking labor shares
By Sasha RogelbergSeptember 13, 2026
A German founder’s case for why America still needs immigrants
Commentary
A German founder’s case for why America still needs immigrants
By Florian OttoSeptember 13, 2026
  • ed
    Commentary
    AI is now part of the edtech stack — and schools are repeating the mistake they made in every wave before
    By Caroline CasagrandeSeptember 11, 2026
Trump and Xi Jinping would both win the Nobel Peace Prize if they make a U.S.-China deal on AI development, OpenAI CEO Sam Altman says
AI
Trump and Xi Jinping would both win the Nobel Peace Prize if they make a U.S.-China deal on AI development, OpenAI CEO Sam Altman says
By Jason MaSeptember 12, 2026
Sam Altman confirms OpenAI won’t go public this year, saying an IPO now would come at an ‘ill-advised moment’ given AI safety concerns
AI
Sam Altman confirms OpenAI won’t go public this year, saying an IPO now would come at an ‘ill-advised moment’ given AI safety concerns
By Jason MaSeptember 12, 2026
Thumbnail image for Fortune Titans and Disruptors of Industry podcast reads, "Losing Control of AI?" and depicts Fortune Editor-in-Chief Alyson Shontell and OpenAI CEO Sam Altman in conversation on a podcast.
AI
Exclusive: Sam Altman addresses AI doomsday fears in new interview
By Alyson ShontellSeptember 12, 2026
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks
AI
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks
By Alexei OreskovicSeptember 12, 2026
Dario Amodei
AI
Anthropic CEO calls to slow the race toward AI ‘superintelligence,’ and grants outside evaluators permanent access
By Beatrice NolanSeptember 12, 2026
Mark Penn: How to save a billion and a half hours
Commentary
Mark Penn: How to save a billion and a half hours
By Mark PennSeptember 12, 2026
The world’s largest health and beauty retailer says AI will make shopping ‘more human, not less’
Asia
The world’s largest health and beauty retailer says AI will make shopping ‘more human, not less’
By Nicholas GordonSeptember 12, 2026
Two girls look at a laptop placed on a desk.
AI
American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting
By Sasha RogelbergSeptember 12, 2026
cartel
Commentary
The ghost cartel — your pricing algorithm may have stopped competing without your knowledge
By François Candelon, Paul-Louis Andres and Augustin ManchonSeptember 12, 2026
js
Commentary
Boards were built for a vertical world. Risk has gone horizontal
By Jane SadowskySeptember 12, 2026
mz
Commentary
A flawed system and one man’s hubris cost Meta shareholders $17 billion
By Andrew BeharSeptember 12, 2026
ai
Commentary
From AI FOMO to AI hangover: corporate America is taking a long, hard look in the mirror right now
By David RockSeptember 12, 2026
After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety
AI
After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety
By Catherina GioinoSeptember 12, 2026
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025.
Workplace Culture
Mark Zuckerberg’s Meta bet that AI would shrink its management ranks. Now it’s quietly rebuilding them
By Fernanda TroncoSeptember 12, 2026
Technology can help people sound fluent in a language, but proficiency still requires human interaction, expert says
AI
Technology can help people sound fluent in a language, but proficiency still requires human interaction, expert says
By Tatiana SatauaSeptember 12, 2026
Binge watching and binge shopping come together: Amazon lets Prime viewers buy what characters wear and use, or the next closest thing
Arts & Entertainment
Binge watching and binge shopping come together: Amazon lets Prime viewers buy what characters wear and use, or the next closest thing
By Marco Quiroz-GutierrezSeptember 11, 2026
Microsoft head of communications Frank Shaw leaving after nearly 30 years of shaping the software giant’s public messaging
Big Tech
Microsoft head of communications Frank Shaw leaving after nearly 30 years of shaping the software giant’s public messaging
By Sebastian HerreraSeptember 11, 2026
Photo of Sam Altman
AI
OpenAI has paused its $200 ChatGPT sign-ups as ‘unprecedented’ demand for new model Astra strains its system
By Mia OsmonbekovSeptember 11, 2026
A student at a high school sits in front of a laptop and uses an AI tool.
AI
Students are using AI in school and test scores are down, but the OECD finds that those who use it once or twice a week perform similarly to nonusers
By Joshua HongSeptember 11, 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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