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Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

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If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

3

Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

1

Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

2

If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

3

Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water
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Palmer Luckey, founder of Anduril Industries
As Sergey Brin, Larry Page and the ultra-rich flee California, one 34-year-old tech billionaire is ‘not running’—he ‘wants to fight’ for the state

Oculus VR and Anduril cofounder Palmer Luckey, worth $5.9 billion, opposes the proposed tax hike but is opting to stay: “California is something special.”

By Emma BurleighNovember 2, 2026
Dario Amodei
Anthropic’s growth slowed and costs jumped in the third quarter, updated IPO filing shows
By Beatrice NolanNovember 2, 2026
Voters cast ballots at a polling station in Anchorage, Alaska
‘A major risk to the global economy’: BofA warns about the AI boom the day before a midterm vote framed around data-center backlash
By Nick LichtenbergNovember 2, 2026
Binance will survive the $6.3 billion hack—but this is the start of a terrifying new era
Binance will survive the $6.3 billion hack—but this is the start of a terrifying new era
By Jeff John RobertsNovember 2, 2026
The Meta headquarters in Menlo Park, California, US.
S&P’s negative outlook on Meta underscores the risks of the AI spending boom
By Sheryl EstradaNovember 2, 2026
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Big Tech
More in Big Tech
Photo of Sergey Brin
Billionaire Sergey Brin is building political infrastructure that will last beyond his $102 million fight against Prop 40

Building a Better California is spending on more than just the wealth tax.

By Joshua HongNovember 2, 2026
While Americans turn against data centers, Brazil offers tax breaks and cheap power, representing a potential ‘release valve’ for U.S. constraints

The government is cutting taxes on data center equipment as Google, Amazon and Microsoft expand in a country already hungry for AI services.

By Mia OsmonbekovNovember 1, 2026
AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization

S&P Global cut its outlook on Meta to “negative” from “stable” late Friday.

By Jason MaOctober 31, 2026
Why Wendy’s is losing the burger wars—and is now a takeover target for Nelson Peltz

Its new CEO says Wendy’s has let quality slip and now it has fallen behind Burger King to No. 3 in the burger wars.

By Phil WahbaNovember 1, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Wholesale marketplace Faire survived the ‘fog of crazy valuations.’ Now, it’s eyeing an IPO
Wholesale marketplace Faire survived the ‘fog of crazy valuations.’ Now, it’s eyeing an IPO

Faire, the venture-backed online wholesale market, is eyeing a potential IPO in the next 12 months.

By Phil WahbaNovember 2, 2026
The $13 billion startup racing to close America’s hypersonic gap

Castelion is racing to give the U.S. the affordable hypersonic missile it doesn’t yet have.

By Allie GarfinkleOctober 31, 2026
Gen Z doesn’t think their degrees will land them work anymore, so they’re becoming their own bosses instead—and these college towns are thriving

As AI upends the job market, exclusive GoDaddy data finds a new wave of entrepreneurial activity taking root in some lesser-known college towns.

By Preston ForeOctober 30, 2026
Waymo’s backers valued it at $126 billion. The Alphabet division that houses it brought in $372 million last quarter—and lost $2.05 billion

Other Bets lost $5.50 for every $1 of revenue in Q3 2026.

By Joshua HongOctober 30, 2026
More in Startups & Venture
AI
More in AI
The AI boom is facing another supply crunch. This time it’s the amount of capital available to feed Silicon Valley’s endless need for cash
The AI boom is facing another supply crunch. This time it’s the amount of capital available to feed Silicon Valley’s endless need for cash

“Now, another concern is moving to the forefront: Does enough capital even exist to finance everyone’s ambitious AI spending plans?”

By Jason MaNovember 2, 2026
Anthropic’s potential $2 trillion IPO could turn staff into millionaires—but the AI firm is asking candidates what they’d do if stock fell to zero

With an IPO looming, Anthropic CEO Dario Amodei—who has a net worth of $13.6 billion—has reportedly expressed concerns that AI workers are prioritizing money over mission.

By Preston ForeNovember 1, 2026
Tech stocks just lost more than $1 trillion in a day—a gothic horror test for the ‘moats’ Warren Buffett taught Wall Street to love

Jamie Dimon’s “fortress” and Warren Buffett’s “moat” come from the same place as Dracula’s castle, and this week AI put both to the test.

By Nick LichtenbergOctober 31, 2026
‘The best thing that you can do for your career is to make yourself redundant’: Inside Stellantis’ AI push after the ‘starting gun went off’

That’s the advice of Stellantis’ CTO, who plans to hire hundreds more anyway. AI is shrinking weeks into days, but it can’t tell you what car to make.

By Nick LichtenbergNovember 1, 2026
More in AI
Innovation
More in Innovation
Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering
Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering

Eight of Gen Z’s 10 most commonly driven models are sedans, new data shows. Affordability is a big reason, and Ford and GM, which abandoned the segment, are reconsidering.

By Bilin LinNovember 1, 2026
Why Big Tech earnings are a crucial report card for the AI boom and its future

Two things were clear from Alphabet, Microsoft and Amazon earnings: AI demand is hot, and spending on it is monstrous.

By Morgan ChittumOctober 30, 2026
Mistral says its new model, Large 4, achieves ‘frontier’ performance among open models for agentic coding and cyber defense

The French startup says its new trillion-parameter model is the best open model built in the West, and is pitching it to businesses worried about losing access to closed AI.

By Beatrice NolanOctober 29, 2026
The Pentagon and Britain are bracing for the power to go out. The ultrawealthy got there first, with backup generators, escape homes, and stockpiles

From Mark Zuckerberg’s Hawaii compound to Miami buyers who won’t consider a house without a generator, the rich have been planning for outages for years.

By Sydney LakeOctober 30, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
A woman walks through an empty supermarket freezer aisle.
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

More than half a dozen U.S. military commissaries experienced refrigeration failure in August, and cybersecurity experts suspect a possible connection.

By Sasha RogelbergNovember 1, 2026
The $6.3 billion Binance hack: What we know so far about the biggest crypto heist in history [Updated]

There are unconfirmed reports North Korea is behind the massive hack.

By Jeff John RobertsOctober 30, 2026
Anthropic spent $2.75 million guarding Dario Amodei last year—more than 4 times his salary, but a fraction of Mark Zuckerberg’s security bill

Threats against AI executives jumped sevenfold this year. Anthropic’s IPO filing shows what it costs to keep its cofounders safe.

By Bilin LinOctober 29, 2026
‘The assertion that the AI is an autonomous being is insane’: Cyber expert says companies should face criminal charges when their AI hacks

From a decade-old PHP flaw to AI agents going off script, a wave of incidents this month shows how AI has handed attackers an edge.

By Shae LakeOctober 29, 2026
More in Cybersecurity
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Sir Martin Sorrell has identified the key AI skill for the future: ‘People who share will be the new kings and queens’
Europe
Sir Martin Sorrell has identified the key AI skill for the future: ‘People who share will be the new kings and queens’
By Kamal AhmedAugust 4, 2026
  • SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it
    Asia
    SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it
    By Karryl Kim Sagun Trajano and Iuna TsyrulnevaAugust 2, 2026
Photo of Greg and Anna Brockman
Environment
OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie
By Sydney LakeAugust 4, 2026
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
By Nick LichtenbergAugust 4, 2026
The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead
Commentary
The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead
By Alex CapriAugust 4, 2026
Alex Karp, wearing a hat, gives a peace sign
AI
Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’
By Preston ForeAugust 3, 2026
Palantir CEO Alex Karp
AI
Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets
By Preston ForeAugust 3, 2026
  • Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
    Cybersecurity
    Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
    By Michael Casey and The Associated PressAugust 1, 2026
Exclusive: Former OpenAI exec Fidji Simo discusses her battle with POTS and her startup’s plans to cure it with AI and 3,500 vials of blood (so far)
Features
Exclusive: Former OpenAI exec Fidji Simo discusses her battle with POTS and her startup’s plans to cure it with AI and 3,500 vials of blood (so far)
By Emily ForliniAugust 3, 2026
A physical Bitcoin coin held between an index finger and a thumb.
Crypto
Bitcoin owners rocked by $116 million hack: What we know about the Coldcard exploit
By Camila Grigera NaónAugust 3, 2026
broker
Investing
Wall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualty
By Nick LichtenbergAugust 3, 2026
Photo of Sam Altman
Success
Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equity
By Preston ForeAugust 3, 2026
Photo of the ElliQ device in a living room
AI
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
By Marco Quiroz-GutierrezAugust 3, 2026
  • Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
    Big Tech
    Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
    By Tom Maloney and BloombergAugust 1, 2026
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C-Suite
Welcome to Fortune Daily
By Ellie AustinAugust 3, 2026
congress
Commentary
Congress needs an AI framework now
By Caleb KnappAugust 3, 2026
SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents
AI
SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents
By Nicholas GordonAugust 3, 2026
w
Cybersecurity
Someone broke into Liechtenstein’s secret wealth haven list overnight
By The Associated PressAugust 3, 2026
cs
AI
The computer science major is dying so that the AI literacy minor can be born: ‘we have to democratize it’
By Heather Hollingsworth and The Associated PressAugust 3, 2026
AI changed what work looks like. Now the operating model must follow
Future of Work
AI changed what work looks like. Now the operating model must follow
By Neil DharAugust 3, 2026
Business colleagues sitting at conference table seen through glass wall. They are planning strategy.
C-Suite
Aon’s CFO on the No. 1 risk keeping CEOs and finance chiefs up at night
By Sheryl EstradaAugust 3, 2026
Sam Altman says a ‘cool use case’ for ChatGPT is a daily AI podcast about your kids. The replies were brutal
AI
Sam Altman says a ‘cool use case’ for ChatGPT is a daily AI podcast about your kids. The replies were brutal
By Holly Van Leuven and Morning BrewAugust 3, 2026
Elon Musk is photographed at Space X in Brownsville, Texas
Success
Elon Musk wants engineers and trade talent: All you need is 3 bullet points, a résumé, and a desire to create the best data centers ‘off Earth’
By Eleanor PringleAugust 3, 2026
To power AI, Khosla and a16z bet this startup can reinvent mining
Newsletters
To power AI, Khosla and a16z bet this startup can reinvent mining
By Allie GarfinkleAugust 3, 2026
Eddie Wu Yongming, CEO of Alibaba, in Hangzhou in east China's Zhejiang province on Sept. 24, 2025. (Photo: Xu Kangping/Feature China/Future Publishing/Getty Images)
Newsletters
Is Alibaba’s Qwen3.8-Max China’s next top AI model?
By Andrew NuscaAugust 3, 2026
Electric air taxis are finally ready for takeoff
Magazine
Electric air taxis are finally ready for takeoff
By Alexei OreskovicAugust 3, 2026
CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’
Big Tech
CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’
By Angelica AngAugust 2, 2026
AI is creating a two-speed jobs market in the UK, Indeed says
AI
AI is creating a two-speed jobs market in the UK, Indeed says
By Irina Anghel and BloombergAugust 2, 2026
Wall Street’s favorite bet comes undone as chips whipsaw market
Investing
Wall Street’s favorite bet comes undone as chips whipsaw market
By Ryan Vlastelica and BloombergAugust 2, 2026
Jefferies analyst calls out ‘simple-minded’ criticism of SpaceX’s governance
Investing
Jefferies analyst calls out ‘simple-minded’ criticism of SpaceX’s governance
By Alastair Marsh and BloombergAugust 2, 2026
lp
Success
‘It’s really not for the faint of heart’: This 29-year-old CEO became a business owner, doubled revenue in 3 years, and learned what car not to drive
By Nick LichtenbergAugust 2, 2026
Photo of Hudson Leogrande
Success
He was homeless at 16. Now he sits on the board of David Beckham’s wellness company and his business is about to hit $1 billion in revenue
By Emma BurleighAugust 2, 2026
SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
Startups & Venture
SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
By Marco Quiroz-GutierrezAugust 2, 2026
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Cybersecurity
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military basesplaceholder alt text
By Sasha RogelbergNovember 1, 2026
Economy
If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists sayplaceholder alt text
By Jason MaOctober 31, 2026
North America
Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and waterplaceholder alt text
By Bilin LinOctober 26, 2026
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