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FOUND: 17 | Mind Blowing Facts

Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom

From collapsing car sales to booming services and AI-linked manufacturing, China’s growth engines are pulling in sharply different directions.

Fortune

More than 1,200 AI workers are asking for Washington’s help to build an AI slowdown plan

The statement, signed by senior executives at competing companies, calls on the government to help build the tools needed to pace frontier AI development.

Fortune

Hugging Face, OpenAI drop new hack details. Here’s what we know now, and what remains a mystery

The timeline, models involved, and other juicy details are starting to become more clear—nearly 20 days after the attack began.

Fortune

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.

Fortune

Ultra wealthy are looking to leave the U.K. thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

As Andy Burnham considers a 2% wealth tax, Taxfix CEO admits millionaires are eyeing up an exit—but says it’s their ‘social responsibility’ to stay

Fortune

Dr. Fauci, the Age of Big Players in science and what his diary reveals about the disputed origins of Covid

In the age of Big Players, even science has become politicized. The most recent evidence is contained in Dr. Anthony Fauci’s diary.

Fortune

OpenAI’s runaway AI agents also breached a customer at a second tech company in a weeklong spree

The breach appears to have been one stop along a broader path. OpenAI said the models had affected four accounts across four publicly available services.

Fortune

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What CEOs learned about AI, work, and legacy from their own Gen Z kids

Also: All the news and watercooler chat from Fortune.

Fortune

‘It is okay not to be okay’: NFL legend Terrell Davis joins growing roster of athletes partnering with big pharma to raise health awareness

The hall-of-famer has partnered with Teva to raise awareness on Tardive Dyskinesia, a chronic movement disorder. He’s in good company with Serena & co.

Fortune

JPMorgan CEO Jamie Dimon says his father taught him to invest with a 'brutally hard' childhood game

The JPMorgan Chase CEO spent his childhood playing stock market simulation games and reading non-fiction economics books.

Fortune

'We’re on top of every restock': This 24-year-old has made over $4 million off his subscription-based reselling community

“We kind of felt like this is something we could do ourselves,” said the founder known as JS. “It started off just being a free server.”

Fortune

Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’

“The number one job of the President is to get the deficit under control,” Jason Calacanis wrote in a post on X.

Fortune

TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

Here's who's rising, and who's debuting, from Asia on this year's Global 500, Fortune's ranking of the world's largest companies by revenue.

Fortune

Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’

“AI automates tasks away, but it doesn’t necessarily eliminate jobs,” Huang said.

Fortune

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Fortune

‘A lot of panic around the AI investment’: How a chip slump is driving the Nasdaq toward correction

It’s a chip panic that “appears to be indiscriminate,” analysts say.

Fortune

Top AI companies say they want Chinese models to stay available. Is it genuine?

In an open letter, Nvidia, Meta, OpenAI, Microsoft, and dozens of other AI companies speak out about the importance of access to the latest models—no matter where they're from.

Fortune

Instagram cracks down on growing ‘pervert glasses’ problem with Meta Ray-Bans

It highlights a new privacy challenge for Meta: not in the data that it collects, but how people use its AI glasses in public.

Fortune

Foreign buyers seem to be following Zohran Mamdani's cue — and fleeing American real estate

Foreign homebuying is near record lows, National Association of Realtors data reveals, and New York isn't even in the top five anymore.

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Fortune

In South Korea, teenagers are skipping college for semiconductor school—they’re landing six-figure Samsung jobs at 17 and bonuses of up to $400,000

At one South Korean vocational high school, 96.4% of graduates land jobs—with many headed to Samsung and earning six-figure paychecks without degrees.

Fortune

The IPO hype cycle returns

In 2016, Fortune cautioned investors of a tech IPO reckoning. A decade on, the warning is worth heeding once more as a new set of companies chase a trillion-dollar debut.

Fortune

Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story

The conglomerate's best-performing unit right now is run by an outsider, not an Arnault—does that mean anything for the succession race?

Fortune

The brutal math behind Gen Z's lonely weekends: $15 drinks are driving a generational 'spending hangover'

It’s a “high intent, low budget” generation, the Harris Poll’s Libby Rodney told Fortune. "We call it placing financial regret over FOMO."

Benzinga

Kalshi's Flight-Cancellation Betting Is Back— Now Restricted to JFK And Blocked From Anyone Who Could Cause a Crash

Kalshi revived its controversial flight-cancellation market with a restricted contract tied to New York’s John F. Kennedy International Airport, weeks after security concerns forced the prediction-market operator to pause wider wagering.

Fortune

Jeff Zucker sees the UAE as key to his new $8 billion entertainment empire

The $8B Banijay-All3Media merger has created a global media and entertainment powerhouse—and Jeff Zucker believes the Gulf has a starring role to play.

Fortune

'The UAE has been a fantastic investor': Jeff Zucker hails UAE partnership after Banijay merger

In this week’s Fortune Gulf Brief.

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