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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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The U.S. Army is opening military bases to private billions — here’s why that changes everything for the next 250 years

America’s next competitive advantage won’t come from government spending alone, but aligning private capital with national security at speed and scale.

By Marc AndersenJune 30, 2026
The VCs betting founders need a village, not a blank check
The VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
Mark Zuckerberg, CEO of Meta
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says
By Jim EdwardsJune 30, 2026
A close-up view of a woman wearing a striped shirt and jeans, sitting and using a smartphone with one hand in a casual setting.
U.S. Supreme Court limits use of ‘geofence’ warrants
By Andrew NuscaJune 30, 2026
mcmaster
Boston Dynamics CEO: America’s next 250 years will be built by robots. Here’s what’s standing in the way
By Amanda McMasterJune 30, 2026
America’s AI hunger has reached the Nashville Zoo and its endangered animals may be the ones to pay the price
America’s AI hunger has reached the Nashville Zoo and its endangered animals may be the ones to pay the price
By Marco Quiroz-GutierrezJune 30, 2026
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Big Tech
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This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time

Almost 80% of global data centers face some form of climate risk, and it could cost developers trillions in the coming decades.

By Tristan BoveJune 29, 2026
Strategy may sell up to $1.25 billion in Bitcoin to calm investor jitters

Strategy continues its shift away from aggressive Bitcoin accumulation as market conditions deteriorate.

By Camila Grigera NaónJune 29, 2026
‘Podcasts are the NBA’: Scott Galloway on Kara Swisher’s big success — ‘there’s a small amount of people making a lot of money’

Five staff, $20 million in revenue and every Democratic presidential hopeful in her inbox. Not bad for a tech and business podcast.

By Steven Sloan and The Associated PressJune 29, 2026
Hyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns 

“In placing massive hyperscaling bets, investors are setting lavish expectations about future earnings.”

By Jason MaJune 29, 2026
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Startups & Venture
More in Startups & Venture
Brown University Professor Roberto Serrano, a man in a suit holding onto a gold trophy--the King Of Spain Economy Award"-- before Spain's King Felipe and a painted wall.
‘Humanity has chosen to become idiots’: This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating

Roberto Serrano literally wrote the book on game theory, but he’s befuddled: “Why are you at a university if you refuse to learn, you refuse to work hard?”

By Catherina GioinoJune 29, 2026
Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing

Geopolitical competition and meaningful exits are convincing Wall Street the technology may finally be nearing its moment.

By Lily Mae LazarusJune 29, 2026
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it’s the lesson he swears by as a $7.2 billion AI CEO

$7.2 billion AI founder Arvind Jain ‘observed’ Sundar Pichai at Google for years before he became CEO—he learned you need to ‘think crazy’ to be successful

By Orianna Rosa RoyleJune 28, 2026
NASA plans daring robotic rescue mission to prevent an aging space telescope from falling back to Earth, and the legendary Hubble could be next

“I have to be honest. No one thought it was going to be possible. No one thought we would get as far as we’ve already gotten today.”

By Marcia Dunn and The Associated PressJune 28, 2026
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AI
More in AI
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The central bank of central banks just released its flagship annual report — and it sees a $1 trillion AI investment boom headed for a reckoning

The Bank for International Settlements draws an explicit parallel to the dotcom crash and railway mania, but the stakes are bigger now.

By Nick LichtenbergJune 29, 2026
The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one

It’s not just the Jevons Paradox—it’s also the lump of labor fallacy. But there’s no God-given right for entry-level work to exist.

By Nick LichtenbergJune 29, 2026
AI spending boom accelerates as Big Tech pours trillions into infrastructure

JPMorgan raised its AI capital spending forecast through 2030 as companies continue to expand AI infrastructure.

By Sheryl EstradaJune 29, 2026
Ford on why it hired 350 ‘gray beard’ engineers: you need their mentorship for younger workers — and to drive huge AI productivity gains

“These engineers carry the hard-earned wisdom of decades of design,” Ford told Fortune, adding that AI is important to quality gains.

By Sasha RogelbergJune 29, 2026
More in AI
Innovation
More in Innovation
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok

A group of experts at the Fortune Brainstorm Tech event in Aspen pinpointed a problem: People have more data than ever from their wearables, but nobody knows what to do with the information.

By Amanda GerutJune 29, 2026
Wendy Schmidt: Three centuries of science is something to celebrate

George Washington Died Not Knowing Dinosaurs Existed. Three Centuries Later, Science Has Never Needed More Defense.

By Wendy SchmidtJune 29, 2026
SpaceX, Charter discussed mobile phone partnership in U.S.

Charter, the largest home internet provider in the US, could run some of SpaceX’s phone traffic through its ground-based internet infrastructure.

By Kelcee Griffis and BloombergJune 27, 2026
France wearing green for the Statue of Liberty: inside the unusual interpretation of ‘national pride’ that makes World Cup jerseys

Nike’s Liberté away kit uses its mint hue to reframe a 140-year-old diplomatic gift as a statement of national identity on American soil.

By Claire Rush and The Associated PressJune 28, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
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Australia’s under-16 social media ban is failing, so the government is (literally) doubling down

“We can all agree we would like the scheme to work better than it is currently, but that is on Big Tech taking the Mickey,” Minister Anika Wells said.

By Rod McGuirk and The Associated PressJune 29, 2026
Australia to strengthen enforcement of under-16 social media ban

“It’s clear big tech are not doing enough to comply with the law — there are still too many children on social media.”

By Ainslie Chandler and BloombergJune 27, 2026
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI

With Google’s AI models losing leaderboard places and its pace of model releases lagging, some are questioning if the internet giant can stay at AI’s cutting edge.

By Jeremy KahnJune 23, 2026
Job scams are getting more sophisticated, and they’re costing Americans millions

Nearly all scammers are using AI to track targets. It’s making the usual red flags harder to decipher.

By Jacqueline MunisJune 27, 2026
More in Cybersecurity
Latest Stories
US President Donald Trump arrives to speak during a Rose Garden Club dinner with American farmers at the White House in Washington, DC, on June 25, 2026.
EconomyTrump takes his inflation battle to gas retailers after his plot against the Fed runs aground—sets target for $2.50 a gallon
By Eleanor PringleJune 30, 2026
Gulf bond markets extend their rally despite uncertain outlook
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By Melissa HancockJune 30, 2026
GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle 
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Gojek founder Makarim found guilty in Indonesia Chromebooks case
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Why Rivian CEO RJ Scaringe wants his EV company to be compared to Apple, not Tesla
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The CEO of $11 billion Oura explains why customers must shell out for subscription fees after paying $349 or more for the ring
C-SuiteThe CEO of $11 billion Oura explains why customers must shell out for subscription fees after paying $349 or more for the ring
By Marco Quiroz-GutierrezFebruary 4, 2026
  • Image of a person looking at Moltbook on a screen
    AIMoltbook, the viral social media site for AI bots, contains a ‘lethal trifecta’ for how the agent internet could fail, security researchers say
    By Beatrice NolanFebruary 3, 2026
huang
AI‘Let a thousand flowers bloom,’ Jensen Huang says. Demanding ROI from AI is like forcing a child to make a business plan for a hobby
By Nick LichtenbergFebruary 4, 2026
altman
AI‘I felt a little useless, and it was sad’: Sam Altman feels obsolete using his own AI tools—and he’s not the only one
By Nick LichtenbergFebruary 4, 2026
super bowl
Arts & EntertainmentThe ‘Kardashian Kurse’ and a Jurassic Park reunion are among the Super Bowl commercials planned for this year
By Mae Anderson and The Associated PressFebruary 4, 2026
Forcing staff back to the office is an outdated ‘factory-style’ approach, says CEO of the world’s largest workspace firm
SuccessForcing staff back to the office is an outdated ‘factory-style’ approach, says CEO of the world’s largest workspace firm
By Orianna Rosa RoyleFebruary 4, 2026
damaro
C-SuiteDisney’s incoming CEO Josh D’Amaro is a 54-year-old who has been at the company nearly half his life
By Michelle Chapman and The Associated PressFebruary 4, 2026
  • Elon Musk combines his wonder twins—SpaceX and xAI—into a $1.25 trillion mega mashup
    NewslettersElon Musk combines his wonder twins—SpaceX and xAI—into a $1.25 trillion mega mashup
    By Alexei OreskovicFebruary 3, 2026
How the Magnificent 7 destroyed index funds: There’s nowhere to hide
InvestingHow the Magnificent 7 destroyed index funds: There’s nowhere to hide
By Marco Quiroz-GutierrezFebruary 4, 2026
Adaption Labs cofounders Sara Hooker and Sudip Roy
AIFormer Cohere exec Sara Hooker has raised $50 million for her AI startup Adaption Labs—a bet on smaller, smarter models
By Jeremy KahnFebruary 4, 2026
Kleiner Perkins’s Leigh Marie Braswell learned about risk from playing poker: “If the odds are in your favor, you push your chips to the center”
NewslettersKleiner Perkins’s Leigh Marie Braswell learned about risk from playing poker: “If the odds are in your favor, you push your chips to the center”
By Allie GarfinkleFebruary 4, 2026
Ken Griffin is apparently done with ‘sucking up’ to the White House
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By Eleanor PringleFebruary 4, 2026
Photo: A man chopping wood with an axe.
InvestingTech stocks go into free fall as it dawns on traders that AI has the ability to cut revenues across the board
By Jim EdwardsFebruary 4, 2026
  • AI is changing the CEO’s role—and could lead to a changing of the guard
    MagazineAI is changing the CEO’s role—and could lead to a changing of the guard
    By Phil WahbaFebruary 3, 2026
Disney, HP, and PayPal do the CEO shuffle
NewslettersDisney, HP, and PayPal do the CEO shuffle
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Crypto crime-fighting startup TRM Labs notches $1 billion valuation with new $70 million funding round
CryptoCrypto crime-fighting startup TRM Labs notches $1 billion valuation with new $70 million funding round
By Leo SchwartzFebruary 4, 2026
karp
AIPalantir CEO Alex Karp says Trump has a point about the AI race: ‘There’s a real hesitance to adopt these kind of products in the West’
By Nick LichtenbergFebruary 4, 2026
Nevada legislators blast Boring Company over safety and environmental violations as Elon Musk–owned startup declines to testify in hearing
Startups & VentureNevada legislators blast Boring Company over safety and environmental violations as Elon Musk–owned startup declines to testify in hearing
By Jessica MathewsFebruary 3, 2026
Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan
AIAmazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan
By Alexei OreskovicFebruary 3, 2026
broker
AIOracle defused ‘the key risk going into 2026,’ BofA argues, but the market isn’t buying it
By Nick Lichtenberg and Eva RoytburgFebruary 3, 2026
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By Jeremy KahnFebruary 3, 2026
Aerial image of the first offshore wind farm in the U.S., off the coast of Rhode Island.
EnergyTrump hates the way wind farms look. Too bad, America’s court system says
By Tristan BoveFebruary 3, 2026
Moltbook image.
AIIn Moltbook hysteria, former top Facebook researcher sees echoes of 2017 panic over bots building a ‘secret language’
By Jeremy KahnFebruary 3, 2026
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CryptoKairos, which is building a cross-platform tool for prediction markets traders, raises $2.5 million from a16z crypto
By Carlos GarciaFebruary 3, 2026
Famed startup incubator Y Combinator will let founders receive funds in stablecoins
CryptoFamed startup incubator Y Combinator will let founders receive funds in stablecoins
By Ben WeissFebruary 3, 2026
davos
CommentaryWhile elites debate geopolitics, Americans are rethinking college in the search for economic mobility
By Ed MitzenFebruary 3, 2026
d'amaro
C-SuiteDisney names parks chief Josh D’Amaro as next CEO
By Nick LichtenbergFebruary 3, 2026
musk
AI‘Space-based AI is obviously the only way to scale’: Elon Musk hatches grand plan as he merges SpaceX and xAI
By Bernard Condon, Matt O'Brien and The Associated PressFebruary 3, 2026
waymo
InnovationGoogle raises another $16 billion for self-driving taxi unit Waymo
By Michael Liedtke and The Associated PressFebruary 3, 2026
gates
North AmericaGates Foundation doubles down on foreign aid as U.S. government largely withdraws
By Thalia Beaty and The Associated PressFebruary 3, 2026
college
Future of WorkHow American colleges are drifting toward elitism, replicating European models and neglecting what made U.S. education special
By Caroline Field LevanderFebruary 3, 2026
Photo: Alex Karp
InvestingPalantir’s blockbuster earnings fired a starting gun on a global rally in stocks
By Jim EdwardsFebruary 3, 2026
Why President Trump’s latest crypto scandal could spell disaster for the blockchain industry
NewslettersWhy President Trump’s latest crypto scandal could spell disaster for the blockchain industry
By Leo SchwartzFebruary 3, 2026
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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse placeplaceholder alt text
By Sydney LakeJune 29, 2026
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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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