Your iPhone may now be a form of birth control, economists warn. New research is linking America’s plummeting birth rate to the rise of the iPhone, providing evidence that smartphone use is causing people to have fewer children. A working…
Brazilian officials on Thursday announced a sharp drop in deforestation rates, pushing back on one of the arguments that the Trump administration used last week to justify additional tariffs on the South American country. In May, Amazon deforestation was 61.4% lower than in…
Good morning. I was speaking with a CEO in financial services this week when I noticed and mentioned that Anthropic had just released its first Mythos-class model to the public. His reaction: “Oh God, no! Not another thing.” Neither of…
When Amazon recently dismantled an internal AI leaderboard, it exposed a broader issue in corporate America’s AI rollout. The leaderboard tracked so-called tokenmaxxing, a trendy corporate phenomenon where employees maximize their consumption of AI processing power to prove they are…
A day ahead of the spectacle of SpaceX’s IPO, the much anticipated trillion-plus valuation of the company—a Frankensteined creature of Elon Musk’s dreams and realities—is emerging as an investor Rorschach test. Some will see cosmic potential, while others will see…
U.K. Defense Secretary John Healey unexpectedly quit on Thursday, saying the government is unwilling to spend enough on the military at a time of “rising threats.” The resignation dealt another blow to embattled Prime Minister Keir Starmer, who is already facing…
Bank of America told investors to “take profits” on June 5, and many of them did. Savita Subramanian’s strategy team flagged seven of the firm’s 10 bear-market signposts—five already triggered by April, plus two more in May—and told clients to…
Hello and welcome to Eye on AI. In this edition…highlights from Fortune Brainstorm Tech…Anthropic walks back a controversial decision around its new Fable model…OpenAI considers slashing prices…Meta looks to boost subscription revenue…and Anthropic’s Dario Amodei has a new AI policy…
It’s been widely reported that SpaceX will provide its underwriters a “gross spread” of just 0.75% or less for shepherding the biggest initial public offering of all time. According to Jay Ritter, a professor at the University of Florida who’s…
Asia’s boardrooms are full of AI ambition. Over the past three years, companies have launched pilots, tested AI assistants, and explored use cases across nearly every function. Business leaders are no longer asking whether AI works, but instead whether it’s…