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Capital expenditures—capex, meaning the big-ticket purchases that fund the data centers, servers, and power infrastructure undergirding the AI race—is fueling record-high, multi-trillion dollar tech valuations when investors think the spending is warranted. But companies get punished when investors worry...

More drops for technology stocks weighed on Wall Street Wednesday.The S&P 500 fell 0.5% for its fifth modest loss in the last six days. The Dow Jones Industrial Average rose 260 points, or 0.5%, and the Nasdaq composite sank...

Peter Thiel has begun tying his warnings about “the Antichrist” and an impending apocalypse to what he describes as the “end of modernity,” casting climate activist (and Gen Z icon) Greta Thunberg as a central example of the forces...

There’s a number haunting the artificial intelligence (AI) space: 95%. As in, 95% of generative AI pilots are failing, according to MIT’s influential, arguably overblown research study in August 2025. When Fortune‘s Diane Brady spoke with PwC Global Chairman...

Sara Hooker, an AI researcher and advocate for cheaper AI systems that use less computing power, is hanging her own shingle.The former vice president of research at AI company Cohere and a veteran of Google DeepMind, has raised $50...

When TRM Labs cofounders Esteban Castaño and Rahul Raina moved to San Francisco in 2018 to create a startup, their mentors told them that great companies are built when you believe something about the world that others don’t. Along...

Elon Musk’s Boring Company came under fire Tuesday during a more than three-hour Nevada legislative hearing about the Elon Musk-owned tunneling startup’s safety and environmental track record as it tries to dig an underground transit system below Las Vegas.State...

Speaking at a tech conference in San Francisco on Tuesday, Garman threw some cold water on the notion of space-based data centers, which have been touted by Elon Musk and others as the future of AI. While putting AI data...

Since taking office in 2025, San Francisco Mayor Daniel Lurie has been on a mission to shake the city out of a post-pandemic economic slump.    A political outsider, Lurie was previously best known as the heir of the Levi Strauss...

Walt Disney’s new CEO, Josh D’Amaro, has been set up with a lucrative pay package for his first year, with a total grant-date value of roughly $45 million and a mandate to lead one of the most exciting and...