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Friday, February 6, 2026

Business Innovation

Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO | Fortune

Elon Musk’s rocket company SpaceX has acquired xAI, the artificial intelligence firm founded by Musk three years ago, in a massive, and unconventional, deal that combines the two privately held firms into a company with an astounding $1.25 trillion...

If AI is roiling the job market, the data isn’t showing it, Yale Budget Lab report says, raising questions of ‘AI-washing’ to justify mass...

Anxieties about AI putting people out of jobs is bubbling over: A Reuters/Ipsos poll from August 2025 found 71% of Americans feared permanent job loss as a result of AI. Last week, Amazon announced 16,000 roles across the company...

Singapore to establish national space agency to seize opportunities in space economy | Fortune

Singapore will launch its first national space agency in April to provide “decisive leadership” for the Southeast Asian country to tap an “expanding space economy,” the nation’s government announced on Feb. 2. Tan See Leng, Singapore’s Minister-in-charge of Energy...

The AI adoption story is haunted by fear as today’s efficiency programs look like tomorrow’s job cuts. Leaders need to win workers’ trust | Fortune

From board decks to earnings calls to leadership offsites and coffee-machine conversations, the topic of AI is ubiquitous. The opportunity is enormous: to reimagine work, unlock creativity, and expand what organizations and people can do. So is the pressure. In...

How Samsung’s first-ever chief design officer is reinventing the electronics giant for the AI age | Fortune

If Mauro Porcini’s mother had had her way, Samsung Electronics’ head designer wouldn’t have gone into design at all. “She wanted me to be a priest,” the Italian-born Porcini says, as he sits in his new office at Samsung’s...

LinkedIn knows your CV and degree are becoming irrelevant. It has a plan for that | Fortune

In a rapidly evolving job market, the prestige of a university degree is facing stiff competition from a more pragmatic metric: actual capability. LinkedIn is betting that employers are increasingly prioritizing demonstrated AI skills over traditional resumes, and to...

Meet a 23-year-old electrician who was a ‘good student’ but skipped college to become his own boss. He makes 6 figures | Fortune

Growing up in Concord, North Carolina, just outside Charlotte, Jacob Palmer was a classic academic achiever. “I was a good student,” he said in an interview with Fortune. “In high school, I participated in all types of extracurriculars, student...

Microsoft CEO Satya Nadella’s biggest AI bubble warning yet is a challenge to the Fortune 500: it’s time to reinvent the knowledge worker |...

Microsoft CEO Satya Nadella has been leading the charge on artificial intelligence (AI) for years, owing to his long alliance with OpenAI’s Sam Altman and the groundbreaking work from his own AI CEO, Mustafa Suleyman, particularly with the Copilot...

PwC’s global chairman says most leaders have forgotten ‘the basics’ as 56% are still getting ‘nothing’ out of AI adoption | Fortune

For the past two-and-a-half decades, the mandate for global business leaders was relatively straightforward: grow the existing business, allocate capital efficiently, and implement technology to drive productivity. But Mohamed Kande, global chairman of PwC, speaking to Fortune in Davos,...

Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics |...

In the future, Elon Musk sees humans as metaphorical vegetable farmers.The Tesla CEO said at the recent U.S.-Saudi Investment Forum in Washington that in the next 10 to 20 years, work will be optional, likening the decision to have...
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Three African countries agree to UK migrant returns after sanctions threat

The Democratic Republic of Congo, Namibia and Angola have said they will cooperate on migrant returns. Source link
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