This startup is helping tech giants and real estate developers find land for data centers—and using its own GPU cluster to do it
Acres founder Carter Malloy’s two daughters press their faces to a glass window at the back of the office, trying to see the humming machines their father has been raving…
Israeli president’s message to CEOs in D.C.: ‘We need to be steadfast, take a deep breath, and finish the undermining of Iran’
Israeli President Isaac Herzog spoke yesterday to a group of business leaders gathered in Washington at the Yale CEO Caucus. While discussions during the gathering were off the record, Herzog…
Bitcoin outperforms gold and stocks since beginning of Iran war
Bitcoin’s performance is a welcome sight for those in the digital assets sector, as the original cryptocurrency previously had a woeful few months. It reached levels as low as $63,000,…
Bill Ackman is a self-described ‘Buffett devotee’—and wants his $28 billion Pershing empire to be the ‘modern-day’ Berkshire
For Ackman personally, this is one of the ways he can follow in his (unofficial) mentor’s shoes.Traditional hedge funds like Pershing Square allow investors to pull out their money either…
‘Proceed with caution’: Elon Musk offers warning after Amazon reportedly held mandatory meeting to address ‘high blast radius’ AI-related incident
“Amazon is holding a mandatory meeting about AI breaking its systems,” Olejnik wrote.“Proceed with caution,” Musk replied. Dave Treadwell, Amazon’s senior vice president of e-commerce services, reportedly wrote in an email…
Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war
Closed schools. Work-from-home demands. Price caps.Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices and a closed Strait of Hormuz. Asia is particularly dependent on…
MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list
Thanks to multiple historic donations last year and an eye-popping volume of philanthropic gifts, MacKenzie Scott has etched her way to becoming one of the world’s most generous philanthropists. But the…
The $38.9 trillion national debt is costing you thousands of extra dollars per year on your mortgage. Here’s how it adds up
Given the increase in household borrowing costs since 2015, the average new homebuyer could expect to pay an extra $76,014, with a 30-year mortgage. That’s an average cost of about…
The fog of war is coming from inside the White House—and it cost oil markets $84 million in 10 minutes
“The market is depending on accurate information from the administration,” Andy Lipow, president of analyst firm Lipow Oil Associates, told Fortune. “And when a tweet is posted and deleted quite…
Why Levi’s turned a hackathon idea into an AI tool for store employees to make denim shopping easier
Called “STITCH,” the AI assistant can be accessed through a tablet or smartphone and has had such a strong start that Levi’s has rolled it out to more than 70…
