BlackRock’s $40 billion deal highlights the unstoppable AI data center gold rush, as CEO Larry Fink pushes back on AI bubble fears
The AIP was formed to invest up to $30 billion of equity capital in AI, data centers, and energy; this is its first deal, which ranks as one of BlackRock’s…
JPMorgan’s Jamie Dimon gives 100% every single day, even after years on the job—just like football great Tom Brady
“None of this nodding off,” said Dimon, who spoke with Fortune editor-in-chief Alyson Shontell in Washington, D.C., for a wide-ranging, one-on-one interview at the annual Fortune Most Powerful Women Summit. “If…
Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success
But not all leaders see work and life as complementary. Some set strict boundaries, others blur the lines entirely, and many are mindboggled by the concept entirely.“The path to build…
Mark Cuban warns that OpenAI’s new plan to allow adults-only erotica in ChatGPT could ‘backfire. Hard’
Cuban called the move reckless and said parents will abandon ChatGPT the second they believe their kids could bypass the company’s age-verification system to access inappropriate content.In other words: if…
Washington, D.C. Mayor Muriel Bowser says fear of ICE is disrupting business: ‘People aren’t going to work’
Cuts from the Department of Government Efficiency (DOGE) and the deployment of National Guard troops have left a lingering sting on Washington, D.C.—so much so that the mood of residents…
As AI fears continue, executives say a human in the loop is not enough—workers need to prioritize one skill
“I don’t think that we are thoughtfully enough educating people about how to be good at judgment,” Aashna Kircher, group general manager in the office of the CHRO at Workday,…
Self-made billionaire Selena Gomez says people didn’t take her seriously in the beauty business at first: People had ‘preconceived ideas of what I’m good at’
When actress and singer Selena Gomez first pivoted to entrepreneurship, she had to fight to be taken seriously at first. “I think a lot of people would have preconceived ideas…
Wall Street surges following strong profits as earnings season kicks off; UBS sees ‘bull market intact’
Stocks are climbing on Wednesday following strong profit reports from some of the world’s biggest names in banking and technology.UBS Global Wealth Management released a research note on Wednesday morning,…
AI trading is flooding Wall Street—and fueling a 1.2 trillion-message trading surge, NYSE president says
Humans are no longer the ones setting the breakneck pace on Wall Street.The New York Stock Exchange is now processing 1.2 trillion order messages per day, a staggering threefold jump…
Akamai’s CIO pilots AI, but isn’t often sold on full adoption, due to worries about costs and technology maturity
“The demand for AI is out of control,” says Prouty. “It feels like a tsunami. Everyone feels like they need AI.”While such enthusiasm may make it easier for Akamai to…
