Business Innovation

Good morning. When I was in Chicago earlier this week, talent and AI were on the agenda.At Fortune’s CFO Collaborative dinner on Wednesday night, sponsored by Deloitte, Ted Souder—CEO and co-founder of Quoin, a startup developing AI-powered infrastructure for...

Polymarket was once a niche crypto platform. Now, the startup is moving into the ranks of mainstream finance thanks to a $2 billion investment from trading giant Intercontinental Exchange. Under the terms of the deal, announced on Tuesday, the...

Hello and welcome to Eye on AI. In this edition: No AI Jobpocalypse, plus early signs of life for entry-level jobs…OpenAI launches Sora 2…Meta plans to use AI chatbot conversations to personalize ads…and more companies are disclosing AI-related risks.Hi,...

Especially alarming to many has been AI’s effect on entry-level jobs. A blockbuster Stanford study in August was especially rattling, as it claimed to find a “significant and disproportionate impact” on entry-level jobs most exposed to AI automation—like software...

Just as Open AI CEO Sam Altman and Meta leader Mark Zuckerberg begin acknowledging that there may be truth to the warnings of an AI bubble, Jensen Huang is doubling down on his bullishness. In a recent podcast appearance with...

Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition…Open AI’s gigawatt arms race is underway in Abilene, Texas…Nscale announces record-breaking $1.1 billion Series B...OpenAI and Databricks strike AI agent deal…Trump administration will provide Elon Musk’s...

Federal Reserve Chair Jerome Powell issued a warning to young workers on Tuesday: if you don’t have technology skills, you’ll be left behind in today’s labor market. Speaking in Rhode Island this week at an event hosted by the Greater...

Federal Reserve Chair Jerome Powell has sounded the alarm on what many recent graduates already know—getting a job right out of college is really hard right now. Speaking at his regular press conference following the Federal Open Market Committee...

Honeywell says that 20% of the company’s software code is written by GitHub Copilot and other AI-assistant coding tools. But, does that mean that the industrial giant’s embrace of AI has corresponded with a 20% reduction in that team’s...

Phoebe Gates and Sophia Kianni turned their Stanford dorm room into a startup lab. It’s a time-honored tradition at Stanford, a rite of passage many tech bigwigs have undertaken. Gates and Kianni started as randomly assigned roommates, but soon bonded...