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The SaaSpocalypse isn’t killing software. It’s exposing where software value really lives | Fortune
The term “SaaSpocalypse” arrived in February 2026 as a way to describe a market shock. $285 billion in soKware valuaLons erased in 48 hours. Traders coined it as shorthand for panic. But strip away the drama, and what you’re...
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Musk vs. Altman: AI safety cannot be one man’s job | Fortune
A federal jury ruled this morning that Elon Musk waited too long to sue Sam Altman over OpenAI’s broken nonprofit promise. The case was thrown out on statute of limitations grounds. The judge said she would have dismissed it...
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Pope Leo launches an AI commission days before he releases a papal letter alongside Anthropic cofounder Christopher Olah | Fortune
It’s all-knowing, omnipresent, and somewhere between one to two billion people in the world subscribe to it.It’s not Catholicism—it’s AI—and its usage among the world’s population is increasingly becoming a concern for some, especially as reports of how...
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NextEra’s $67 billion Dominion takeover creates world’s largest utility—just in time to win the AI data center power surge | Fortune
NextEra Energy’s massive $67 billion deal to acquire Virginia-based Dominion, announced on May 18, will effectively build the world’s largest utility in a bid to dominate the AI data center boom. It’s a goal big enough that NextEra was...
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Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid | Fortune
That looks to be the case for at least one technology services and outsourcing firm. TTEC recently paused 401(k) matches for its US-based employees, Business Insider reported on May 8. The company, which is headquartered in Austin, has about 16,000 staff...
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AI is eating the market and Wall Street strategists have bubble brain as they debate: are we in 1997 or 1999? | Fortune
The numbers are hard to ignore. The top 10 companies in the S&P 500 now account for 34% of all index profits—a share that’s doubled since 1996—and 41% of its market cap. AI companies represent nearly 87% of all...
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Billionaire Ken Griffin used to dismiss AI as ‘garbage.’ Here’s why he changed his mind—and why he’s ‘depressed’ | Fortune
Just months after calling artificial intelligence “garbage,” Citadel CEO Ken Griffin is now warning that the technology will fundamentally reshape society—and says he went home “depressed” after seeing what it could actually do.Griffin, the hedge fund billionaire who manages one of...
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Companies are hyping AI the same way they talked up sustainability, but there are ways to fix that
Across corporate earnings calls, investor presentations and marketing pitches, “artificial intelligence” has become the buzzword of choice. Yet a troubling pattern lies under the hype. Many claims vastly overstate actual AI sophistication, misleading people...
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President Trump on being America’s CEO-in-chief, making ‘deals that no normal person would make’ | Fortune
President Trump can’t believe Jensen Huang doesn’t own his own plane. Hours before he departs for his highly anticipated China summit, the president has been arranging for the billionaire cofounder of Nvidia to join the who’s who of Fortune 500 CEOs...
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While Detroit blinked on EVs, the Iran war has handed Chinese automakers the opportunity of a lifetime | Fortune
Just as American automakers started pulling back on EVs, the Iran war has sent gas prices skyrocketing, opening up a crucial opportunity for Chinese car companies to seize the moment.In December, Ford took one of the biggest write-downs in...
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U.K. teen Henry Nowak’s murder fuels protests as far-right politicians claim response shows “two-tier policing”
London — Hundreds of protesters clashed with law enforcement in southern England on Tuesday — angry...