BIZARRE: 73 - You Need To See This

The AI boom's hidden electricity bill — and why you're paying it

"The current system lacks adequate mechanisms," Moody's wrote in a report on PJM, the largest power grid operator in the U.S.

Fortune · Jul 24

Trump’s latest import taxes could set a precedent for a 'broad tariff generator' on anything a president wants to target, expert warns

"This is precisely the open-ended tariff power grab the courts checked with their IEEPA rulings, just with a little more procedural window-dressing."

Fortune · Jul 24

Anthropic's Claude Opus 5 model lets you toggle between cost and capability

The company highlights the model's cheaper price for performance on everyday tasks, but cyber guardrails remains a thorny issue.

Fortune · Jul 24

WPP’s sweeping restructure could save £500 million—the bigger challenge might be winning over workers

The advertising giant is simplifying its structure as it aims to arrest its decline. Chief people officer Marie-Claire Barker says the harder task is rebuilding trust, changing leadership behavior, and creating a unified culture across its 90,000 employees.

Fortune · Jul 24

OpenAI President says rogue AI attack on Hugging Face 'is indicative of the times we are in' as the company continues to investigate incident

The OpenAI president and co-founder also calls for 'democratizing' AI access, suggesting he opposes any ban on American companies using Chinese AI.

Fortune · Jul 24

Inside Larry Culp’s playbook for fixing GE

A new Fortune report offers a deep dive into GE’s transformation.

Fortune · Jul 24

Big pharma's patent cliff meets a new biotech Cold War: We need to outrun China, not outlaw it

If we slash federal research budgets, we risk hamstringing our scientists and losing an otherwise winnable race.

Fortune · Jul 24

Moonshot, DeepSeek, and the Great Chinese AI IPO Rush

Former SentinelOne executives are cracking down on your AI tools.

Fortune · Jul 24

NYU Stern pricing expert: There's a hidden 'AI tax' hitting Apple, Dell — and your next phone

Apple says price hikes are unavoidable. Its AI strategy explains why.

Fortune · Jul 24

Trump's new $950 billion tariff scheme still leaves a 40% shortfall in his grand plan to rebalance the $39 trillion national debt, finds budget study

"We currently estimate that the tariffs enacted and proposed under this administration since January 2025 will generate about $825 billion less revenue through FY 2036 than estimated," the Committee for a Responsible Federal Budget says.

Fortune · Jul 24