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Is China about to win the AI race? | Fortune
Hello and welcome to Eye on AI…In this edition: Is China about to win the AI race?…AI reasoning risks...Anthropic is on track to turn a profit years ahead of OpenAI…and OpenAI’s flip-flop on a government “backstop.”Hello, Beatrice Nolan here,...
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The 50-year mortgage would cost you nearly $400k more than the standard, AP analysis says | Fortune
The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media and economists, who said a 50-year mortgage would...
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Can a fragmented Europe continue to prosper?
What have the Romans ever done for us? In Monty Python’s Life of Brian, the answers included aqueducts, baths and peace. But what if the right answer is: “their empire fell”? In short, western Europe’s transformative role in world...
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Beside, an AI voice startup, raises $32 million | Fortune
Beside, an AI voice startup that emerged from stealth earlier this month has raised $32 million to expand its ‘AI receptionist,’ which is already handling millions of calls per month.The startup’s AI receptionist aims to fill the gap for...
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Asian travel platform Klook is filing for a New York IPO | Fortune
Klook, a Hong Kong- and Singapore-based travel booking company, is filing for an initial public offering in New York, showing that despite the events of the past year, the U.S. remains a top listing destination for Asian companies.The company,...
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CoreWeave earnings: Data-center operator posts $56 billion in contracted future revenue, but revenue guidance drops | Fortune
CoreWeave needed a lot of things to go right on Monday as it released third-quarter financial results, and one of the most critical was showing that its contracted future revenues could hit a $50 billion target Wall Street had...
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Trump demands $10,000 bonuses for air traffic controllers who worked during shutdown and pay cuts for those who didn’t amid flight chaos | Fortune
Air travelers should expect worsening cancellations and delays this week even if the government shutdown ends, as the Federal Aviation Administration moves ahead with deeper cuts to flights at 40 major U.S. airports, officials said Monday.Day four of the flight restrictions saw airlines scrap over...
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Airport lounges are about to get even more exclusive as some credit card companies jack up annual fees by more than 40% | Fortune
For every passenger trying to decide if a $17 slimy ham and cheese croissant and their phone’s 34% remaining battery will sustain them for a four-hour layover, there’s someone smugly sipping a complimentary gin and tonic in a secret...
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A bold new investment fund aims to channel billions into tropical forest protection – one key change can make it better
The world is losing vast swaths of forests to agriculture, logging, mining and fires every year — more than 20 million acres in 2024 alone, roughly the size of South Carolina.That’s bad news because...
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Warren Buffett is ‘going quiet’ after he steps down as Berkshire Hathaway CEO this year. Read his farewell letter to shareholders | Fortune
Legendary investor and Berkshire Hathaway CEO Warren Buffett will retire at year’s end after an epic 60 years in leadership. In a letter published Monday, Buffett said he’ll be “going quiet,” and will no longer write Berkshire’s annual report,...
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Trump to order probe into Epstein’s alleged ties to Clinton and banks
US President Donald Trump has said he will order an investigation into paedophile financier Jeffrey Epstein's alleged links to...