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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

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Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google

1

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google
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Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders
Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders

The Nvidia CEO’s Tom Ford jacket, photomatched to a 2023 Taipei appearance, carried a $40,000-$60,000 estimate.

By Sydney LakeJuly 17, 2026
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
By Tatiana SatauaJuly 17, 2026
Sarah Friar, CFO of OpenAI
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off
By Sheryl EstradaJuly 17, 2026
xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’
By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
By Nicholas GordonJuly 17, 2026
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
By Jason MaJuly 17, 2026
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Big Tech
More in Big Tech
The Netflix logo is displayed on a smartphone screen featuring a color gradient in the background.
Netflix stock hits a 52-week low after earnings—but analysts say investors are missing the bigger picture

There may be a growth story brewing at Netflix that the market is missing.

By Sheryl EstradaJuly 17, 2026
Tech stocks lead steep global sell-off as investors lose faith in AI chip trade

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

By Jim EdwardsJuly 17, 2026
Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find

Federal investigators say a Model 3 in Katy, Texas was on Full Self-Driving (Supervised) when the driver slammed the accelerator to 100%.

By Bernard Condon and The Associated PressJuly 16, 2026
Netflix used AI to produce 17 minutes of a documentary ‘twice as fast and at half the cost’—as streaming competition drives up content spending to $20 billion

The streaming company touted the efficiencies of AI in its Q2 earnings, while stressing that movies will still be ‘made by people who make movies.’

By Amanda GerutJuly 16, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Suno Ai on a phone screen with Warner Music Group's logo in the background.
The VC betting $5.4 billion that Suno is the future of music

Menlo’s Amy Wu Martin says the AI music startup’s real business isn’t hit songs—it’s a new habit of making music just for yourself.

By Lily Mae LazarusJuly 17, 2026
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory

“K3 stands as Moonshot AI’s most powerful open-source coding model to date,” Moonshot AI wrote in a press release.

By Nicholas GordonJuly 16, 2026
Exclusive: Prediction market startup Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket

The New York-based startup raised a Series A led by Union Square Ventures.

By Camila Grigera NaónJuly 16, 2026
Big Tech’s top executives warn enterprises are giving away too much to AI labs

Microsoft’s Satya Nadella and Palantir’s Alex Karp are both warning enterprises that AI labs are quietly mining the data that makes them valuable.

By Beatrice NolanJuly 16, 2026
More in Startups & Venture
AI
More in AI
Alex Karp gestures
With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

Palantir CEO Alex Karp expects his fortune to grow to $300 billion thanks to AI—he says the U.S “biggest problem” is wealth going to unrelatable tech bros.

By Preston ForeJuly 17, 2026
Esther Perel has a warning for executives: your workforce is suffering from social atrophy and AI is making it worse 

Europe’s boardrooms have spent the past year fixated on productivity, AI adoption, and the search for growth in a stagnant economy. Esther Perel thinks they’re missing a more urgent problem.

By Sam BirchallJuly 17, 2026
Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

Two organizations targeted by O’Leary say his comments caused “significant economic losses, severe emotional distress, and ongoing threats to their physical safety.”

By Marco Quiroz-GutierrezJuly 17, 2026
Former Obama official on AI anxiety and the depression nobody remembers — and the training model that gives him hope

A 22-year-old with an AI assistant can now do what once took a consulting team. Anthropic is betting on its “Claude Corps.”

By Jim SheltonJuly 17, 2026
More in AI
Innovation
More in Innovation
merck
The cholesterol shot you couldn’t afford is now a pill

The FDA has cleared Merck’s Lipfendra for patients whose artery‑clogging cholesterol remains high despite statins.

By Matthew Perrone and The Associated PressJuly 16, 2026
‘Japan’s excellence is a philosophy, a way of life’: Jensen Huang wants robots to take care of an aging society with a labor shortage

The push pairs Nvidia’s chips with Japan’s manufacturing giants Fanuc, Yaskawa and Kawasaki, backed by a $2.3 trillion national tech plan.

By Yuri Kageyama and The Associated PressJuly 16, 2026
Bunkerhill Health raises $55 million to put AI agents to work inside hospitals

Backed by Sequoia’s Alfred Lin and Khosla Ventures, this startup is betting that healthcare’s real AI opportunity isn’t diagnosis—it’s process.

By Allie GarfinkleJuly 16, 2026
Meet the AI employee that convinced Sequoia to invest $45 million in Sable

Startup Sable says its AI agent acts like a sales engineer and onboarding specialist, helping companies like Notion and Decagon automate customer conversations.

By Lily Mae LazarusJuly 16, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization
Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization

Airbnb CEO Brian Chesky appears to have been the target of a cyberattack, sources tell Fortune.

By Rachel VentrescaJuly 16, 2026
‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met

It lasted for over 237 days and 10,449 messages, and she’s not alone: U.S. losses to romance scams hit $1.3 billion last year.

By Juliet Linderman and The Associated PressJuly 16, 2026
LAPD was one of Flock Safety’s biggest government customers. Now it’s renegotiating its partnership over ‘serious concerns around civil liberties’

The department recently announced it would not renew its contract due to how Flock collects and shares data.

By Sasha RogelbergJuly 15, 2026
Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented

The study found bots even answer differently based on language too — ChatGPT calls China “not a democracy” in English, but hedges in Chinese.

By Didi Tang and The Associated PressJuly 16, 2026
More in Cybersecurity
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World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina
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Tim Cook is stepping down. No one is shocked. And that’s a good example of how his critics always underestimated him. 
By Jim EdwardsApril 21, 2026
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Exclusive: Startup Humble debuts cabless autonomous truck targeting $900 billion U.S. freight industry
By Lily Mae LazarusApril 21, 2026
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This Apple doesn’t fall far from the tree: Tim Cook is leaving at a peak and John Ternus is exactly the right CEO for the AI era
By Jeffrey Sonnenfeld and Steven TianApril 20, 2026
Jeff Bezos’ Blue Origin grounds New Glenn rocket after a bad engine put a satellite in the wrong orbit
Innovation
Jeff Bezos’ Blue Origin grounds New Glenn rocket after a bad engine put a satellite in the wrong orbit
By Marcia Dunn and The Associated PressApril 20, 2026
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Meet John Ternus, the 51-year-old former swimming champ who will succeed Tim Cook as Apple CEO
By Dave Smith and Fortune EditorsApril 20, 2026
Apple CEO Tim Cook is stepping down, and hardware boss John Ternus will be the new CEO
Big Tech
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Palantir wants to bring back the draft just as the Selective Service preps for automatic registration
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Half of all new electricity demand in the U.S. last year came from data centers—just as public opinion of them plummets
By Tristan BoveApril 20, 2026
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This talent CEO says laid-off tech workers are ignoring a $300K ‘white-collar trade job’ with 81K openings a year
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Italian court rules every Netflix price hike from 2017 to 2024 unlawful and orders the company to refund subscribers up to 500 euros
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French prosecutors summon Elon Musk over X’s alleged “complicity” in spreading child abuse materials
Law
French prosecutors summon Elon Musk over X’s alleged “complicity” in spreading child abuse materials
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AI
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Newsletters
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By Allie GarfinkleApril 20, 2026
U.S. stock futures tumble as Iran refuses Trump’s ‘deal’ and Strait stays shut
Big Tech
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Newsletters
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Innovation
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Blue Origin launches New Glenn, suffers issue deploying craft
Innovation
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Future of Work
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AI
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AI
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imas
AI
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By Nick LichtenbergApril 19, 2026
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Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’placeholder alt text
By Fortune EditorsJuly 15, 2026
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Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Googleplaceholder alt text
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