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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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Current price of oil as of June 15, 2026
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Agentic AI systems are doing more and more work. Now humans need to figure out how to verify it all
Agentic AI systems are doing more and more work. Now humans need to figure out how to verify it all

At Fortune Brainstorm Tech, industry executives discussed the challenges and techniques for bringing accountability into AI.

By Alexei OreskovicJune 15, 2026
Gina Rinehart
Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’
By Jacqueline MunisJune 15, 2026
Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison
Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison
By Mia OsmonbekovJune 15, 2026
Shotwell stands and smiles widely
Here’s how SpaceX’s debut stacks up against other major IPOs
By Jacqueline MunisJune 15, 2026
New Mexico is in a historic drought. Oracle and OpenAI designed their newest data center with that in mind
New Mexico is in a historic drought. Oracle and OpenAI designed their newest data center with that in mind
By Catherina GioinoJune 15, 2026
Katie Moussouris, the founder and CEO of Luta Security.
‘Fix this code’—the three little words behind the U.S. government decision that shut down Anthropic’s Fable and Mythos AI models
By Jeremy KahnJune 15, 2026
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Google CEO Sundar Pichai
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI

Sundar Pichai went out of his way to avoid mentioning AI. It wasn’t enough to stop Stanford’s student protesters.

By Tristan BoveJune 15, 2026
Silicon Valley legend Vinod Khosla tears into ‘idiotic, shortsighted, and very selfish’ Gen Z Stanford protests of Google CEO: ‘The stupidity’

When hundreds of Stanford graduates walked out on Google CEO Sundar Pichai, Vinod Khosla didn’t hold back about the students at his alma mater.

By Nick LichtenbergJune 15, 2026
‘The cost of compute is far beyond the costs of the employee’: Nvidia executive says right now AI is more expensive than paying human workers

Big Tech has announced $740 billion in capex this year, but AI has yet to show evidence of widespread increased productivity.

By Sasha RogelbergJune 14, 2026
Fox is buying Roku for $22 billion to become the third-largest U.S. TV platform

The cash-and-stock deal gives Lachlan Murdoch access to over 100 million global households and first-party ad data — combining Tubi and live sports.

By Michelle Chapman and The Associated PressJune 15, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Eric Nguyen, Michael Poli, Stefano Massaroli, and Armin Thomas stand and pose for a photo
Exclusive: The researchers who built AI-generated DNA just raised $50 million to reinvent biology

Radical Numerics is betting that the future of biodefense and AI drug discovery lies in understanding entire biological systems—not just individual molecules.

By Lily Mae LazarusJune 15, 2026
The SpaceX IPO marks a lopsided win for venture

SpaceX shares closed on its first day of trading up 19%, sending the company’s valuation above $2 trillion in a genuinely historic IPO. What happens next will be telling.

By Allie GarfinkleJune 15, 2026
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion

“I need more data than Elon does to make a decision,” Gwynne Shotwell once said.

By Eva RoytburgJune 15, 2026
Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does

“In Asia, we don’t have this problem since we’re much more comfortable with money.”

By Angelica AngJune 15, 2026
More in Startups & Venture
AI
More in AI
The billionaire founder and CEO of Vista Equity Partners makes plea to businesses adopting AI: ‘Don’t destroy your intern program’
The billionaire founder and CEO of Vista Equity Partners makes plea to businesses adopting AI: ‘Don’t destroy your intern program’

Robert F. Smith, who has made a career in technology, said young people must be part of companies’ workforces.

By Jeff John RobertsJune 15, 2026
The $1 billion game that says AI can’t replace human creativity

As Silicon Valley races to automate everything, Candy Crush maker King is taking a different view. General manager Paula Ingvar says the hit game’s 21,000-plus levels are still handcrafted—and argues that putting AI between creators and players would diminish the experience.

By Kamal AhmedJune 15, 2026
Trump gets the peace deal he wants and rages against Israel’s Netanyahu: ‘He has no f—ing judgement. I let him know that’

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 15, 2026
This tech CEO fired 80% of his workforce over AI resistance. Here’s what he’s learned since then

IgniteTech’s CEO said the AI adoption is failing due to workforce reluctance to embrace the technology.

By Kristin StollerJune 15, 2026
More in AI
Innovation
More in Innovation
ufo
Pentagon’s third UFO release has fish-scaled potatoes and red orbs. Still no aliens

The 72 new files — including a 2022 Fort Carson sighting of a shimmering “potato” above Cheyenne Mountain — bring the total to 300 documents released.

By Collin Binkley and The Associated PressJune 15, 2026
SpaceX surge further boosts Saudi billionaire prince’s fortune

Prince Alwaleed bin Talal’s investment firm Kingdom Holding Co. surged after SpaceX’s share gains on its first day of trading drove the value of the firm’s holding to almost $7 billion.

By Adveith Nair and BloombergJune 14, 2026
The hottest debate on Wall Street right now: Does the flood of mega-IPOs and new shares signal a downturn ahead? That depends

“The reason is that companies tend to issue when equity demand is strong, earnings momentum is healthy and investor risk appetite is elevated.”

By Jason MaJune 13, 2026
SpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history

Elon Musk once gave SpaceX less than a 10% chance of surviving.

By Marco Quiroz-GutierrezJune 14, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Dario Amodei, Anthropic CEO
How a warning from Amazon led the White House to shut down Anthropic’s Mythos model

Amazon’s CEO raised the alarm about a jailbreak in Anthropic’s Fable 5 model, triggering an unprecedented export control order and a fresh clash with the White House.

By Beatrice NolanJune 14, 2026
Canadian Prime Minister Mark Carney warns U.S. restrictions on new Anthropic AI models show danger of relying too much on American providers

“You’ll hear me say this over and over again. It is never a good idea to have one option.”

By Rob Gillies, Jason Ma and The Associated PressJune 14, 2026
Accenture cyber leads: why hiring more people won’t solve the cybersecurity talent gap

The workforce gap isn’t a headcount problem — it’s a capability problem. Here’s what business leaders need to do before the next breach forces their hand.

By Harpreet Sidhu and Vikram DesaiJune 13, 2026
‘It’s not a jailbreak’ — Research leading to U.S. export restrictions on top Anthropic models was for defense, cybersecurity CEO says

“It was Defense Oriented Prompting (DOP), capabilities defenders need.”

By Jason MaJune 13, 2026
More in Cybersecurity
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The Southeast Asia 500 has a new engine: Vietnam
MagazineThe Southeast Asia 500 has a new engine: Vietnam
By Andrew StaplesJune 15, 2026
President Donald Trump shakes hands with American mixed martial artist Josh Hokit as Hokit stands on the edge of the UFC ring during a championship event at the White House.
CryptoUFC fighters at the White House got paid with Trump family stablecoins—but an ethics expert says a gap in the law allows this
By Camila Grigera NaónJune 15, 2026
The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year
EnergyThe Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year
By Jason MaJune 15, 2026
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PoliticsGavin Newsom accuses Trump of launching political probe into him. The real issue may be his wife’s taxes
By Sophie Austin, Alanna Durkin Richer and The Associated PressJune 15, 2026
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North America‘All of this sould prompt reflection’: Sheinbaum says World Cup tickets are too expensive for most Mexicans
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Arts & EntertainmentBasketball vs. the Beautiful Game: the fight for America’s summer sports attention
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‘We’ll never do this again’: UFC CEO Dana White says White House fight night was too expensive to do it again
North America‘We’ll never do this again’: UFC CEO Dana White says White House fight night was too expensive to do it again
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On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
C-SuiteOn the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
By Marco Quiroz-GutierrezJune 12, 2026
  • Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
    AIStranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
    By Sydney LakeJune 11, 2026
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InvestingThe economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’
By Nick LichtenbergJune 12, 2026
elon
Startups & VentureElon’s wealth: 1 trillion dollar bills would stretch 97 million miles, to the moon and back over 200x
By Wyatte Grantham-Philips and The Associated PressJune 12, 2026
With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’
Startups & VentureWith SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’
By Jason MaJune 12, 2026
Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire
Startups & VentureElon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire
By The Associated Press and Wyatte Grantham-PhilipsJune 12, 2026
musk
Startups & VentureElon Musk, the trillionaire: pay packets go multi-planetary in SpaceX IPO
By Bernard Condon and The Associated PressJune 12, 2026
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    SuccessOlympic champion Shaun White says AI is ‘leveling the playing field’ for professional athletes
    By Sasha RogelbergJune 11, 2026
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SuccessWalmart has a message for its 2.1 million workers: AI is going to improve your job, not take it: ‘Technology will power our future’
By Emma BurleighJune 12, 2026
blunt
Arts & EntertainmentAliens are so mainstream the Catholic Church just fired an exorcist for saying UFOs are demons
By Krysta Fauria and The Associated PressJune 12, 2026
Bridgit Mendler speaking at Fortune's conference
SuccessEx-Disney star Bridgit Mendler reveals she was rejected hundreds of times by Hollywood—but it primed her for her current job as a space start-up CEO
By Preston ForeJune 12, 2026
Live updates from SpaceX IPO debut: SpaceX valuation at $2.1 trillion as stock closes at $161.11 following record first day of trading
InvestingLive updates from SpaceX IPO debut: SpaceX valuation at $2.1 trillion as stock closes at $161.11 following record first day of trading
By Catherina GioinoJune 12, 2026
View of SpaceX building
AIFor SpaceX CFO Bret Johnsen, the challenge starts after the $75 billion IPO 
By Sheryl EstradaJune 12, 2026
  • Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
    SuccessMeet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
    By Preston ForeJune 11, 2026
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Startups & VentureSpaceX’s first employee, Tom Mueller, thinks the historic IPO is just the beginning
By Lily Mae LazarusJune 12, 2026
Elon Musk
InvestingWhen SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all
By Jim EdwardsJune 12, 2026
Mo Jomaa of CapitalG, Nizar Tarhuni of PitchBook, and Hans Tung of Notable Capital at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
NewslettersThe SpaceX IPO is not the market savior it seems
By Andrew NuscaJune 12, 2026
Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’
AsiaNotion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’
By Angelica AngJune 12, 2026
Your AI is already setting prices. The real question is who sets the rules
AIYour AI is already setting prices. The real question is who sets the rules
By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026
A person holds an iPhone as someone next to them points at the screen.
EconomyYou can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’
By Sasha RogelbergJune 12, 2026
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
Startups & VentureSpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
By Mia OsmonbekovJune 12, 2026
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
NewslettersWhy is it so hard to get ROI from AI? Because building from first principles isn’t easy
By Jeremy KahnJune 11, 2026
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
Startups & VentureSpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
By Shawn TullyJune 11, 2026
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
CommentaryThree ways that Asia’s enterprises are adopting AI—and where they are falling behind
By Garrett IlgJune 11, 2026
Dr. Shiv Rao speaks
Startups & VentureAbridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it
By Lily Mae LazarusJune 11, 2026
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
AISilicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
By Sebastian HerreraJune 11, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
CryptoExclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
By Jack Kubinec and Ben WeissJune 11, 2026
As SpaceX goes public, a $100 billion shadow market faces a reckoning
Startups & VentureAs SpaceX goes public, a $100 billion shadow market faces a reckoning
By Allie GarfinkleJune 11, 2026
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say
Future of WorkThe real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say
By Sebastian HerreraJune 11, 2026
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
AIAfter backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
By Marco Quiroz-GutierrezJune 11, 2026
Agility Robotics Chief Executive Peggy Johnson speaks on stage at Brainstorm Tech 2026 in Aspen, Colorado.
AITech leaders argue AI’s real future Is task augmentation, not mass layoffs
By Sebastian HerreraJune 11, 2026
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
Asia‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
By Mia OsmonbekovJune 11, 2026
The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
ConferencesThe head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
By Nick LichtenbergJune 11, 2026
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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your ideaplaceholder alt text
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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983placeholder alt text
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