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At 6:30 a.m. Eastern Time today, the price of oil sits at $93.60 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $1.18 since yesterday morning and $27.41 more than at...

Save a horse, ride a Pony.ai?Chinese autonomous driving company Pony.ai is planning to expand beyond its home country. The company announced potential overseas robotaxi ​deployments of more than 4,000 vehicles on Tuesday just as fellow autonomous driving firms fight...

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Rillet, a two-year-old startup building what it calls the first truly AI-native accounting platform, has raised a $100 million Series C at a $1 billion valuation, the company told Fortune exclusively—joining the ranks of AI-era unicorns racing to unseat...

Experienced CEOs know that brand equity can be a company’s most valuable asset, one that often doesn’t appear on the balance sheet. Companies build trust, credibility, and goodwill over decades through consistent performance.But as any chief executive knows, the...

Hello and welcome to Eye on AI. In this edition:OpenAI details two week training pause, more security controls following Hugging Face hack.Anthropic on course for $65 billion in annual revenue.OpenAI debuts ChatGPT for teens.Can AI models figure out...

What came first—the chicken or the egg? Or in AI’s case, the investment or the revenue?Nvidia is guaranteeing up to $105 billion for OpenAI’s planned data center campus in Pike County, Ohio, coming in lower than the roughly $250...

Home Depot’s sales improved during its second quarter as customers focused on smaller projects during the summer months with the U.S. housing sector still mired in a slump.Revenue increased to $47.86 billion from $45.28 billion, edging out the $47.24 billion...

As of 6:45 a.m. Eastern Time today, oil is trading at $92.42 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 89 cents above yesterday morning’s level and $25.68 higher than where it stood a...

Good morning. When Rob McGibney became CEO of KB Home on March 1, he knew there would be tough days ahead. In his first earnings call, he had to report a 23% decrease in year-over-year revenue to $1.08 billion...