Newsletters
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26% of CEOs think the greatest threat to their job security is their own CFO
Good morning. CEOs depend on their CFOs more than ever. And fear them more than ever, too. Under mounting pressure from nearly every direction, many chief executives now view their closest strategic partner as a potential threat to their job security. That’s one of the key findings of the inaugural BCG CEO Insomnia Index, based
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Defense executives worry Trump’s proposed military splurge could backfire
In today’s CEO Daily: Diane Brady checks in with defense leaders about the military spending hike Trump has requested. The big leadership story: The fallout from the Iran conflict is still taking shape. The markets: Up aside from U.S. futures as investors digest Strait of Hormuz uncertainty. Plus: All the news and watercooler chat from
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What Anthropic’s too-dangerous-to-release AI model means for its upcoming IPO
Anthropic has a new product with a major catch—it’s too powerful to be released. For a company valued at around $380 billion and reportedly preparing for an IPO this year, it’s an unusual stance—but one that could pay off in the long run. The new AI model is called Claude Mythos, and it’s the first
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Even Nvidia’s own research teams can’t get enough GPUs amid the race for AI computing power
Welcome to Eye on AI, with AI reporter Sharon Goldman. The pro-Iran meme machine trolling Trump with AI Lego cartoons…Amazon’s Andy Jassy defends Amazon’s $200 billion spending spree…OpenAI pauses Stargate U.K. data center, citing energy costs. It’s been another one of those wild weeks in AI, with Anthropic electing not to release its new Claude
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ARK Invest is betting on underdog drone delivery company Manna to beat out Alphabet and Zipline
Bobby Healy is at peace with his drone delivery enterprise being unsexy. “Think of us like a low-cost airline,” the Manna CEO told Fortune. That pitch just landed him $50 million. Manna, the Irish drone delivery startup, closed a Series B this month backed by ARK Invest—Cathie Wood’s firm, known for early investments in OpenAI,
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Why CEO Michelle Gass is thriving at Levi’s after stumbling at Kohl’s
In today’s CEO Daily: Fortune’s Phil Wahba interviews Levi’s CEO Michelle Gass. The big leadership story: Energy experts fret over the outcome of the Iran ceasefire. The markets: Down globally as Iran accuses the U.S. of violating the two-week truce. Plus: All the news and watercooler chat from Fortune. Good morning. Yesterday, I chatted with
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Amid the ‘SaaSpocalypse,’ CIOs and CTOs take a harder line with their vendors
Allegra Driscoll, the chief technology officer of Bread Financial, has a few ground rules when engaging with software vendors about generative AI capabilities. No agreements beyond one year, given the rapid pace of change. There will be times when she’ll double-spend on two vendors with similar capabilities if the use case is a priority and
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Why Oracle’s new CFO Hilary Maxson is key to its AI ambitions
Good morning. Hilary Maxson is stepping into the CFO role at Oracle at a pivotal—and risky—moment. As the company invests heavily in AI infrastructure to keep pace with other hyperscalers, the job is no longer just about financial stewardship; it’s about managing the trade-offs of a capital-intensive bet on the future. Maxson began as CFO
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Bill Ackman channels Warren Buffett with his $64 billion bid for Universal Music Group
In today’s CEO Daily: Diane Brady examines Bill Ackman’s effort to build a modern-day Berkshire— without the folksy charm. The big leadership story: Anthropic is giving companies an early look at its most advanced AI model. The markets: Stocks skyrocket globally on news of a U.S.-Iran ceasefire deal. Plus: All the news and watercooler chat
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A16z-backed Infinite Machine is building e-bikes that feel like mopeds. Cyclists may have some qualms
This was not the e-bike ride I was expecting. Last week, in Queens, I met up with Infinite Machine CEO Joseph Cohen at his startup’s new vibey office space in Long Island City. After a brief tour, Cohen and I donned motorcycle helmets and went for a ride, spinning through the cobble and paved roads