Newsletters
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Demis Hassabis on his rush to ‘solve all disease’ and Isomorphic’s new $2.1 billion
We’re always running out of time, but that’s something Demis Hassabis reckons with more than most. Hassabis regularly works until 4 AM, and that’s partly the nature of leading AI at Alphabet. The Google DeepMind cofounder also has another company: Isomorphic Labs, the AI drug discovery startup he spun out of Google in 2021. I…
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Inside CEO Jane Fraser’s 5-year grind to restore Citi’s credibility
In today’s CEO Daily: Fortune publishes its 2026 Most Powerful Women list. The big leadership story: CEOs are starting to rethink their predictions of an AI jobs apocalypse. The markets: Mixed globally after the S&P 500 hits another high. Plus: All the news and watercooler chat from Fortune. Good morning. When Jane Fraser became CEO…
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Pope Leo’s ‘AI encyclical’ says a lot. But critics say it misses the mark
Hello and welcome to Eye on AI. In this edition…The Pope takes on AI…Microsoft becomes the latest company to “toll gate” some of its systems…OpenAI solves an Erdös problem (for real)…and that sound you hear is the cognitive dissonance in JD Vance’s head. When the American-born Cardinal Robert Prevost was elected Pope last year, he…
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A CEO fired all of HR. The EEOC is suing the NYT. Both defended it onstage
Good morning! One quick way to enrage a room of people leaders? Tell them you let go of your entire HR team. That’s what Bolt CEO Ryan Breslow said at the Fortune Workplace Innovation Summit last week, and his comments quickly went viral. “We had an HR team, and that HR team was creating problems…
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Spotify is aiming for 1 billion users and 20% operating margins by 2030. Here’s how it plans to get there
I attended Spotify Technology’s first Investor Day since 2022 on May 21. The Stockholm-based streaming giant, which turns 20 this year, transformed Highline Stages in New York City into a physical extension of the app, including a set modeled after Good Hang with Amy Poehler, the podcast that won the inaugural Golden Globe for Best…
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Creators who built followings based on trust refuse to outsource some tasks to AI: Humans can ‘sense a decoy’
In today’s CEO Daily: Valuing effort in the AI age. The big leadership story: A ‘troubling’ relationship under the microscope ahead of the SpaceX IPO. The markets: U.S. futures tick up in hopes that a U.S.-Iran peace deal is imminent. Plus: All the news and watercooler chat from Fortune. Good morning. For my birthday, a…
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‘A pressure cooker ready to explode’: The wild secondaries scramble for Anthropic shares
A feeding frenzy in the animal kingdom is, at its core, vicious competition. The idiom “feeding frenzy” gained prominence in the mid-century, first primarily to describe the behavior of sharks frenetically ripping into large schools of fish. It’s chaotic, ruthless, and triggered by the perception of abundance. And I suspect the phrase gained popularity both…
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Bolt’s cofounder scrapped its HR department. This CEO says people management is key to thriving in the AI age
In today’s CEO Daily: The debate is raging over how to manage humans in the AI era. The big leadership story: Deep cuts at Meta The markets: In the black as investors remain upbeat about AI. Plus: All the news and watercooler chat from Fortune. Good morning. For companies leaning into AI, what’s the value…
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Anthropic lands in London as AI-powered coding—and the anxieties around it—go mainstream
Welcome to Eye on AI. Beatrice Nolan here, filling in for AI reporter Sharon Goldman. In today’s issue: Anthropic’s Claude comes to London…OpenAI’s imminent IPO…Google DeepMind’s union battle…and worldwide AI spending on track to hit $2.59 trillion this year. Most of Anthropic’s leadership team has hopped across the pond this week. The AI lab is…
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Intuit CFO on why the company is simplifying its structure
Intuit beat expectations across nearly every major metric in its third quarter. But the company also announced it was cutting roughly 17% of its workforce. For the quarter ended April 30, the maker of TurboTax, QuickBooks, Credit Karma and Mailchimp grew total revenue 10% to $8.6 billion and non-GAAP diluted earnings per share 10% to…