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Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

2

AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

3

Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide, watchdog says

1

Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

2

AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

3

Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide, watchdog says

Tech

Tech

Startups & Venture

Pastel colored sky casting shadows over the colorful houses and behind Sutro Tower.

This realtor is betting big on the AI IPO boom, but buying a house with stock will have to go through the OpenAI’s and Anthropic’s boards first

In a tight housing market, some Bay Area homesellers believe exchanging their houses for stock will benefit asset-rich tech workers. But those transactions are subject to board approval.

By Jacqueline MunisJune 7, 2026

The short seller’s argument nobody on the coming mega IPO roadshow wants you to make

By Bhaskar ChakravortiJune 7, 2026

SpaceX and other mega IPOs may wait years to join the S&P 500

SpaceX and other mega IPOs may wait years to join the S&P 500

By Bailey Lipschultz, Vildana Hajric and BloombergJune 6, 2026

bernie

Bernie Sanders and Sam Altman’s private one-hour meeting about the public ownership of AI

By Joey Cappelletti, Seung Min Kim and The Associated PressJune 6, 2026

Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes

Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes

By Jason MaJune 6, 2026

Marvell Technology, Flex to join S&P 500 later this month

Marvell Technology, Flex to join S&P 500 later this month

By Isabelle Lee and BloombergJune 6, 2026

More in Big Tech

Man holding his fists together.

Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.

By Amanda GerutJune 6, 2026

Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out

“The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot.”

By Jason MaJune 5, 2026

‘At some point you’ve got to make money’: Goldman’s top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs

Jim Covello has been Wall Street’s most consistent voice of AI doubt. Two years on, he asks:”when does the short term become the long term?”

By Nick LichtenbergJune 5, 2026

Google forced to allow news sites to opt out of AI scraping in ‘world first,’ UK watchdog says

Google said it is “engaging with regulators … to ensure website owners have the right tools as user preferences evolve.”

By Kelvin Chan and The Associated PressJune 5, 2026

More in Big Tech

Startups & Venture

More in Startups & Venture

When good money goes bad: the question SpaceX and OpenAI investors aren’t asking

As OpenAI and Anthropic race to go public at $1 trillion valuations, a foundational business theory warns that money impatient for growth is dangerous.

By Rory McDonaldJune 6, 2026

SpaceX needs to grow 600x in a decade to justify a $1.75 trillion valuation. No company has ever come close

SpaceX’s valuation will set the bar for what the must achieve going forward to reward investors.

By Shawn TullyJune 6, 2026

Melinda French Gates is done waiting for health care to take menopause seriously

Celebrities like Halle Berry and Naomi Watts have jumped on menopause startups. Now Melinda French Gates is throwing her weight behind the category—with philanthropic dollars.

By Emma HinchliffeJune 5, 2026

The Class of 2026: Meet the 12 companies making their Fortune 500 debut

From crypto companies to mattress makers, these companies made it in the list’s 72nd year.

By Marco Quiroz-GutierrezJune 5, 2026

More in Startups & Venture

Upset frustrated and confused female worker folding hands on chin

A CEO denied raises to spend money on AI instead. Companies have ‘no idea what they’re going to need in a workforce’ when the AI race is over

Companies may be cutting raises and benefits to create attrition, one expert says.

By Jacqueline MunisJune 6, 2026

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

“You make them a partnership in this revolution,” Trump told reporters Friday. “It would be a beautiful thing.”

By Nick LichtenbergJune 5, 2026

AI productivity gains are real but so is bad management: ‘Leaders are really struggling to articulate what the vision and strategy is’

In the meantime, BCG’s David Martin told Fotune, fear runs amok. “A sharing culture is incredibly important, but it’s not natural for fearful employees.”

By Sasha RogelbergJune 5, 2026

A Kennedy, Kellyanne Conway’s ex-husband and a former Palantir data scientist debated AI regulation. Welcome to the Manhattan primary

Alex Bores walked into the NY-12 debate with Jack Schlossberg and George Conway as the prime target — then watched three of five ad breaks talk about him.

By Anthony Izaguirre and The Associated PressJune 5, 2026

More in Innovation

Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional

Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional

“Without the demand and without that scale from the market, these companies are not able to really go into mass production.”

By Chan Ho-Him and The Associated PressJune 6, 2026

Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom

Top bankers are lavishing praise on Musk ahead of his rocket company’s record-setting listing.

By Tristan BoveJune 5, 2026

I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy

Some of the China-based sellers have pivoted from fentanyl to peptides.

By Ben WeissJune 4, 2026

A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

“They’ve been the best company I’ve ever worked with in 45 years,” EchoStar president and cofounder Charlie Ergen said of SpaceX.

By Sasha RogelbergJune 4, 2026

More in Innovation

More in Cybersecurity

Businesses are declaring war on AI slop. They are fighting a losing battle

Businesses are declaring war on AI slop. They are fighting a losing battle

Efforts to wipe the web of AI slop has sparked a new technological arms race between the tools generating fake content and the tools trying to catch it

By Sam BirchallJune 5, 2026

IBM, AT&T accused by whistleblower of covering up foreign hacks

The hackers allegedly breached massive IBM cloud computing infrastructure that’s widely used by many parts of the U.S. government, including the military.

By Jake Bleiberg, Mark Anderson and BloombergJune 4, 2026

What Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain

From birthday songs to hospice tributes, Suno is finding real-world uses for AI-generated music. Whether that translates into a sustainable multibillion-dollar business is less clear.

By Sharon GoldmanJune 4, 2026

World’s largest sovereign wealth fund backs push for Google oversight on government use of its AI and cloud technology

A coalition of investors managing $1.15 trillion is pressing Alphabet to explain how it monitors government use of its cloud and AI services.

By Beatrice NolanJune 4, 2026

More in Cybersecurity

Latest Stories

Howie Headshot1 26

Health How Howie Mandel turned a panic attack into a mental health movement and helped build a company now worth hundreds of millions

By Catherina GioinoJune 7, 2026

The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’

Energy The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’

By Jason MaJune 6, 2026

Illinois joins Ohio in ordering pause on data center tax credits

Politics Illinois joins Ohio in ordering pause on data center tax credits

By Yash Roy and BloombergJune 6, 2026

Here’s where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can’t fix

Economy Here’s where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can’t fix

By Jason MaJune 6, 2026

Trump says he supports salary cap for Major League Baseball

North America Trump says he supports salary cap for Major League Baseball

By Jordan Fabian and BloombergJune 6, 2026

Oil drilling rises in longest U.S. streak since 2022 on price bump

Energy Oil drilling rises in longest U.S. streak since 2022 on price bump

By Emma Sanchez and BloombergJune 6, 2026

During D-Day speech in France, Hegseth invokes immigration and says ‘When will European capitals do something about that invasion?’

Europe During D-Day speech in France, Hegseth invokes immigration and says ‘When will European capitals do something about that invasion?’

By The Associated PressJune 6, 2026

Ukraine targets St. Petersburg after Putin refuses talks

Europe Ukraine targets St. Petersburg after Putin refuses talks

By BloombergJune 6, 2026

More TechPage 77 of 100

Prakhar Mehrotra smiles as he sits in a yellow chair onstage with "Fortune" on the background screen.

AI The real AI revolution is going from the information era to the ‘intelligence era,’ Paypal senior VP says. That means your focus should be tokens

By Sasha RogelbergDecember 25, 2025

Big Tech Meta’s Threads makes a play for podcasters and their rabid fans
By Ashley Carman and BloombergDecember 22, 2025

Goldman Sachs expects layoffs to keep rising—and says investors are punishing the stocks of companies that slash staff

Investing Goldman Sachs expects layoffs to keep rising—and says investors are punishing the stocks of companies that slash staff

By Lee CliffordDecember 25, 2025

Tesla faces NHTSA probe over Model 3 emergency door handles

Big Tech Tesla faces NHTSA probe over Model 3 emergency door handles

By Dana Hull and BloombergDecember 24, 2025

Arkeem and Ashley with their 6 children.

Success Meet the millennial father of six who rebuilt his life through the trades—and questions America’s obsession with college

By Eva RoytburgDecember 24, 2025

Vanguard CIO Nitin Tandon.

Newsletters How investment giant Vanguard’s CIO is placing big tech bets today to create the AI digital advisor of tomorrow

By John KellDecember 24, 2025

Ali Ghodsi

AI CEO of a $134 billion software giant blasts companies with billions in funding but zero revenue: ‘That’s clearly a bubble, right… it’s, like, insane’

By Nick LichtenbergDecember 24, 2025

AI Mark Cuban says AI allows ‘creators to become exponentially more creative,’ but his advice didn’t land well with people working in the industry
By Sydney LakeDecember 22, 2025

Calvin Butler, President and CEO, Exelon

Energy Utility CEO on the data center crunch: America’s ‘check engine light’ is on and ‘no one’s going to pay attention until it breaks down’

By Nick LichtenbergDecember 24, 2025

US Secretary of State Marco Rubio

Politics Trump administration bars 5 prominent Europeans from the U.S., accusing them of pressuring tech firms to ‘censor’ American speech

By Beatrice NolanDecember 24, 2025

The AI startups founders and VCs say could be acquisition targets in 2026

Newsletters The AI startups founders and VCs say could be acquisition targets in 2026

By Allie GarfinkleDecember 24, 2025

Thierry Breton, former European Commissioner for the Internal Market, in Paris on June 13, 2025. (Photo: Thomas Samson/AFP/Getty Images)

Newsletters U.S. denies visas for five Europeans, alleging American censorship

By Andrew NuscaDecember 24, 2025

Man checking watch as he walks through forrest

Success CEOs reveal their New Year’s resolutions for 2026: From 8-day bike races and AI training, to finally cracking 7 hours of sleep a night

By Emma BurleighDecember 24, 2025

Big Tech Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.
By Dave SmithDecember 22, 2025

President Donald Trump walks to the South Portico along the South Lawn at the White House on December 13, 2025 in Washington, DC

Economy ‘Precarious’ is Wall Street’s defining word for 2026

By Eleanor PringleDecember 24, 2025

AI Artificial Intelligence on a laptop with a blue abstract background

Banking In 2026 CFOs predict AI transformation, not just efficiency gains

By Sheryl EstradaDecember 24, 2025

Silicon Valley’s tone-deaf take on the AI backlash will matter in 2026

Newsletters Silicon Valley’s tone-deaf take on the AI backlash will matter in 2026

By Sharon GoldmanDecember 23, 2025

Young rich woman in front of plane

Success There are more self-made billionaires under 30 than ever before—11 of them have made the ultra-wealthy club in the last 3 months thanks to AI

By Emma BurleighDecember 23, 2025

ChatGPT Atlas illustration.

AI OpenAI says prompt injections that can trick AI browsers like ChatGPT Atlas may never be fully ‘solved’—experts say risks are ‘a feature not a bug’

By Beatrice NolanDecember 23, 2025

10 crucial insights for small business owners to succeed in 2026—and beyond

Success 10 crucial insights for small business owners to succeed in 2026—and beyond

By Ashley LutzDecember 23, 2025

Photo of Sam Altman

Success OpenAI’s CEO Sam Altman says in 10 years’ time college graduates will be working ‘some completely new, exciting, super well-paid’ job in space

By Preston ForeDecember 23, 2025

Kurian

AI Google Cloud chief reveals the long game: a decade of silicon and the energy battle behind the AI boom

By Nick LichtenbergDecember 23, 2025

Rows of servers at Facebook's Fort Worth Data Center in Texas.

Economy A huge chunk of U.S. GDP growth is being kept alive by AI spending ‘with no guaranteed return,’ Deutsche Bank says

By Jim EdwardsDecember 23, 2025

Hong Kong tops global IPO charts for the first time since 2019 for total funds raised, overtaking New York’s stock exchanges

Investing Hong Kong tops global IPO charts for the first time since 2019 for total funds raised, overtaking New York’s stock exchanges

By Angelica AngDecember 23, 2025

As AI investors fret over ROI, these startups attracted serious cash from customers in 2025

Newsletters As AI investors fret over ROI, these startups attracted serious cash from customers in 2025

By Allie GarfinkleDecember 23, 2025

Sheldon Kimber, CEO of Intersect Power, right, at the Oberon Solar plant near Desert Center, California, on Oct. 25, 2023. (Photo: Lauren Justice/Bloomberg/Getty Images)

Newsletters Why Alphabet will acquire Intersect Power

By Andrew NuscaDecember 23, 2025

Trinity Gas Storage recently completed the first, new major storage hub in years, and an East Texas expansion is already underway.

Energy Little-known underground salt caverns could slow the AI boom and its thirst for power

By Jordan BlumDecember 23, 2025

Waymo chaos during San Francisco power outage likely due to ‘operational management failure’ instead of software flaw, expert says

AI Waymo chaos during San Francisco power outage likely due to ‘operational management failure’ instead of software flaw, expert says

By Jaimie Ding and The Associated PressDecember 22, 2025

Bank of America’s Moynihan says AI’s economic benefit is ‘kicking in more’

Banking Bank of America’s Moynihan says AI’s economic benefit is ‘kicking in more’

By Katherine Chiglinsky, Steve Dickson and BloombergDecember 22, 2025

Photo of Sam Bankman-Fried

Crypto Notorious crypto con man Sam Bankman-Fried has a prison passion project: giving legal advice to other inmates

By Carlos GarciaDecember 22, 2025

AI nude

Cybersecurity 13-year-old girl attacked a boy showing an AI-generated nude image of her. She was expelled

By Heather Hollingsworth, Jack Brook and The Associated PressDecember 22, 2025

In 2000 Larry Page said Google was ‘nowhere near’ the ultimate search engine—25 years later, Gemini might be close

AI In 2000 Larry Page said Google was ‘nowhere near’ the ultimate search engine—25 years later, Gemini might be close

By Marco Quiroz-GutierrezDecember 22, 2025

Photo of Colin Angle

Innovation ‘It’s a cage match’: Beleaguered iRobot founder says the biggest reason why the Roomba-maker failed was because of growing Chinese competition

By Sasha RogelbergDecember 22, 2025

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Most Popular

Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

placeholder alt text

By Sydney LakeJune 6, 2026

AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

placeholder alt text

By Marco Quiroz-GutierrezJune 5, 2026

Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide, watchdog says

placeholder alt text

By Nick LichtenbergJune 5, 2026

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