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SHOCKING: 11 | Mind Blowing Facts

Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China

“Frontier intelligence should not … be subject to withdrawal by a handful of rules at any moment,” Z.ai, a Chinese AI developer, wrote on social media.

Fortune

The CEO of $3 billion Michaels tells young workers to quit daydreaming and take risks because ‘the universe rewards doing things in action’

Michaels CEO David Boone tells new grads that “the universe rewards doing things in action versus analyzing and thinking about things.”

Fortune

Anthropic’s IPO pitch has a new problem: The government can shut it down

“Heck yeah there’s regulatory risk,” said David Linthicum, a longtime cloud analyst.

Fortune

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Anthropic shutdown ignites calls for sovereign AI across Europe

Washington’s decision to cut off access to Anthropic’s newest frontier AI has forced Europe into a reckoning.

Fortune

AI won’t transform your business—until you redesign work itself

Simply implementing AI solutions will not be enough to bring about organizational change. The real shift occurs when work itself is redesigned—and most companies are getting it wrong. Here’s a six-step playbook from WPP’s head of human-AI strategy

Fortune

Cursor’s 25-year-old CEO is a former Google intern who just cemented a $60 billion deal with SpaceX

From Google intern at 18 to a billionaire at 25, Cursor CEO Michael Truell’s rise is one of Silicon Valley’s fastest.

Fortune

No country for rich men: 6 out of 10 wealthy Americans want to pull a Clooney and pack their bags

It's not about politics. Life in America is too expensive.

Fortune

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Exclusive: Voice AI startup Bland raises $50 million after being rejected by 180 investors

Isaiah Granet turned a Y Combinator rejection streak into a nine-figure funding story by betting that AI won't replace the phone—it will answer it.

Fortune

'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

Four generations have four different "generational contracts," research from O.C. Tanner found. It comes down to a question of belief in the system.

Fortune

Current price of oil as of June 16, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Why accounting may look completely different by 2040

AI, increasing regulatory complexity, and a looming "silver tsunami" are reshaping the skills required for success in accounting.

Fortune

Exclusive: How college photo-sharing app Swsh became an AI-powered fan data business backed by Scooter Braun

The startup has raised a $4 million seed round to help artists and brands turn fan-generated photos into marketing data.

Fortune

IBM’s $17 million DOJ settlement makes the case for civility

The IBM settlement isn't just a legal story—it's a governance warning. The same pressure points the DOJ targeted are where workers feel the least civility.

Fortune

Tariffs are generating only 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet

The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden, an increase on the $674 billion spent for the same period last year.

Fortune

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CMo

The next big growth lever isn't hiding in the finance department. It's creativity, and it's reshaping the role of the CMO while giving marketing a bigger voice in the boardroom.

Fortune

OpenAI’s financials have leaked, showing $21 billion in losses against $13 billion in revenue

Everything you need to know before you reach the office this morning.

Fortune

Gen Z calls it 'slop'—but they're fast casual's most loyal (and demanding) customers

A new survey finds Gen Z eats fast casual more than any other generation—and holds it to higher food safety standards than anyone else.

Fortune

More than manufacturing: Vietnam has hopes to become Asia's next cultural powerhouse

Government policy and grassroots creators hope to prove that Vietnam can export culture as well as consumer goods.

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Fortune

Vietnam is becoming the hottest tourist hotspot in Southeast Asia—and trying to avoid Thailand's mistakes

The country had 21 million visitors in 2025. Officials think they can attract even more in the future—and are splurging on infrastrucuture spending to meet that hoped-for demand.

Fortune

REE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam's economy. Here's what she thinks comes next

Nguyen Thi Mai Thanh spent the Vietnam War working as a medic. She's since been at the forefront of Vietnam's transformation, including leading the first company to privatize and publicly list.

Fortune

U.S.-Iran interim deal: What could a Gulf bounce back look like?

The U.S.–Iran peace deal has sparked relief across global markets, but investors are still waiting to see whether the breakthrough can translate into lasting stability

Fortune

Gulf private credit opportunities shine amid global volatility

The Gulf is no longer just a source of capital for private credit. Increasingly, it is becoming one of the industry’s most important markets.

Fortune

From $18B in revenue to $275B: How CEO David Cordani transformed Cigna and chose to hand over the keys

Also: All the news and watercooler chat from Fortune.

Fortune

A ChatGPT prompt almost killed Ryan Serhant’s $50 million NYC penthouse deal. Here’s how he saved it

At Fortune Brainstorm Tech, broker Ryan Serhant explained how a chatbot nearly blew up a $50 million NYC penthouse sale—and why AI still can’t replace a human in high-stakes deals.

Fortune

The jet fuel crisis never existed, sources say

“We have not seen any shortage of fuel anywhere, whether it’s domestic in the United States or for European travel,” said Jamie Walker, executive chairman of Jet Linx.

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