Meta CEO Mark Zuckerberg took to his social network Threads two weeks ago to announce Meta Compute, a new “top-level initiative” led by the company’s most senior executives. In doing so, he reemphasized Meta’s commitment to being an AI infrastructure…
It’s been a good few weeks for Anthropic. The lab is reportedly planning a $10 billion fundraising that would value the company at $350 billion, its CEO caused headlines in Davos by criticizing the White House, and it’s also having…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is investigating the two remaining leaders of its armed forces who had survived previous purges, in a move that…
Double Harvard grad Adam Presser is taking the helm of TikTok’s new U.S. joint venture—and he’s looking to turn a regulatory reset for the Chinese company into a lasting success. Presser previously served as TikTok CEO Shou Zi Chew’s chief…
Professional golf legend Jack Nicklaus has won a $50 million verdict in a defamation lawsuit filed in Florida against his former business partners. A six-person jury in Palm Beach County found Monday that the Nicklaus Companies had damaged the 18-time…
California’s proposed wealth tax is coming in for a lot of criticism these days. From Gov. Gavin Newsom, who counts many billionaires as friends and donors and yet was raised by a single mother juggling three jobs, to Anduril founder…
A comprehensive new report released by the Congressional Budget Office (CBO) portrays a stark transformation of the American economy over the last four decades, revealing a deepening divide where the wealthiest households have dramatically expanded their economic footprint while the…
AI was top of mind in Davos, Switzerland, this past week, where global leaders across sectors descended for the World Economic Forum meeting. I joined fellow Fortune editors and team members in Davos this week, attending panels and engaging in…
If a team of human engineers built a web browser that only half-worked, it wouldn’t get people talking. But when Michael Truell, CEO of coding startup Cursor, posted on X last week that a swarm of AI agents had built…
Police arrested about 100 clergy demonstrating against immigration enforcement at Minnesota’s largest airport Friday, and thousands gathered in downtown Minneapolis despite Arctic temperatures to protest the Trump administration’s crackdown. The protests are part of a broader movement against President Donald Trump’s increased immigration enforcement…