Melania launches Trump Accounts for foster kids — and Democratic governors want no part of it
First lady Melania Trump and Treasury Secretary Scott Bessent on Thursday announced the launch of Fostering the Future Accounts, a...
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
SpaceX is shooting for the stars: a record-breaking $135 per share initial public offering that would value the company at...
Trump turned environmentalist to slap new tariffs on Brazil, so why are deforestation rates down?
Brazilian officials on Thursday announced a sharp drop in deforestation rates, pushing back on one of the arguments that the...
Trump says Europe freeloads on defense. Britain’s own (former) Defense Secretary just agreed
U.K. Defense Secretary John Healey unexpectedly quit on Thursday, saying the government is unwilling to spend enough on the military...
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
Hello and welcome to Eye on AI. In this edition…highlights from Fortune Brainstorm Tech…Anthropic walks back a controversial decision around...
Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%
Bank of America told investors to “take profits” on June 5, and many of them did. Savita Subramanian’s strategy team...
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
A South Korean tech giant wants to put ads on chain. LG Electronics, which makes TVs, laptops, and a slew...
Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it
On Thursday morning in New York City, Dr. Shiv Rao stood before a room of health system executives and made...
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
Ahead of a historic IPO, SpaceX dominates the global aerospace industry with its reusable rockets and global constellation of internet...
Tech leaders argue AI’s real future Is task augmentation, not mass layoffs
The long-held fear that AI and robotics will entirely replace human workers may be hitting a wall of practical reality....
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
Anthropic is changing course after facing criticism for quietly downgrading certain requests to its most capable AI model. On Tuesday,...
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
On his way to Fortune’s Brainstorm Tech conference this week, Booking.com’s CEO Glenn Fogel faced an all-too-familiar travel blunder. Fogel...
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
As markets brace for what could become one of the most consequential public offerings in modern history, Elon Musk’s rocket...
Visa thinks it’s a great idea for AI agents to shop and pay for things without human approval
Betting that people will soon grow more comfortable having artificial intelligence agents shop for groceries, plane tickets or diapers on...
Chevron’s CFO on why finance chiefs are defining AI’s business value
Good morning. There is a growing body of research and survey evidence pointing to CFOs playing a major role in...
