More job seekers are facing AI-powered interviews as recruiters expand use of automated hiring tools. Many applicants find the process unsettling, with some abandoning applications entirely, though ex…
Lloyds Banking Group is investing £100 million in AI and hiring 300 specialists to work on agentic AI, aiming to boost efficiency in fraud prevention, customer service, and internal operations. The ba…
The Trump administration ordered Anthropic in June 2026 to cut off foreign nationals from its newest AI models, citing national security concerns, forcing the company to block access broadly. The move…
Apple unveiled a rebuilt Siri at WWDC on June 8, integrating Apple Intelligence and Google Gemini to create an agentic assistant that can perform actions like changing passwords and recognizing object…
South Korea's AI chip boom is driving massive bonuses at SK hynix and Samsung, with average payouts potentially reaching $900,000 per employee by 2027, prompting the Bank of Korea to warn that semicon…
SpaceX's stock surge following its IPO has improved the math for a potential merger with Tesla, reducing the share dilution needed for an all-stock acquisition. SpaceX president Gwynne Shotwell hinted…
SpaceX, now a $1.25 trillion private behemoth after merging with xAI, has undergone a leadership reshuffle ahead of its record-breaking IPO. Key executives like Gwynne Shotwell now oversee both SpaceX…
Both U.S. and Chinese AI firms are expanding in Singapore, positioning the city-state as a potential neutral AI hub. OpenAI, Google DeepMind, Anthropic, and Tencent have established operations there, …
A former Dell executive founded a startup to fix AI deployments that solve the wrong problems, citing healthcare as a prime example where AI is bolted onto broken processes. MIT research shows 95% of …
OpenAI CEO Sam Altman expressed zero excitement about leading a public company, but the AI firm has filed confidential paperwork for an IPO amid a wave of tech companies going public. The move aims to…
The 2026 Fortune 500 companies generated record revenue of $21 trillion and profits of $2.1 trillion, but total headcount fell for the second straight year to 30.5 million, down 1%. The decline was dr…
Bank of America reports that spending data shows lower-income families are beginning to spend more, narrowing the gap with wealthier households and signaling a potential end to the K-shaped economy. T…
KPMG's global risk chief warns that corporate boards are unprepared for the AI era, citing outdated oversight models and uneven AI literacy. A new governance framework with INSEAD outlines five priori…
On Black Friday 2025, AI-driven traffic to retail websites soared 805%, generating nearly $3 billion in sales, with AI-assisted shoppers converting 38% more often. The winners had clean data and inten…
SpaceX's June 12 IPO left a record $16.7 billion on the table, nearly triple the previous record, as shares rose 19% on the first day. The foregone capital could have funded the company's AI growth en…
Four AI giants—OpenAI, Anthropic, xAI, and Waymo—raised $188 billion in Q1 2026, accounting for 60% of all venture capital deployed that quarter. The concentration of capital is reshaping early-stage …
The Pentagon reports a 1,775% increase in AI tool usage, from 80,000 to 1.5 million personnel, but adoption remains under 50% of its 3.5 million employees. Chief Technology Officer Emil Michael touted…
Amazon CEO Andy Jassy alerted Treasury Secretary Scott Bessent about a jailbreak vulnerability in Anthropic's Fable 5 AI model, triggering Trump administration export controls that forced Anthropic to…
Business leaders at Fortune's Brainstorm Tech conference discussed the challenge of managing AI agents that vastly outnumber human employees, emphasizing the need for scalable governance frameworks an…
LinkedIn research reveals that half of C-suite leaders lack visibility into AI's impact on workforce roles, and 78% say they are moving faster on AI than they can measure. Chief business officer Mark …