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Exclusive: Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto
Crypto is boring right now, and AI is hot, so it’s no wonder that a growing list of digital asset VCs are expanding their focus beyond blockchain. San Francisco-based Framework Ventures is the latest investor to join the trend, and the firm announced on Friday that it raised $400 million for its fourth fund. Framework…
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Two former governors launch a bipartisan coalition to confront the coming AI jobs shock
In today’s CEO Daily: Inside the bipartisan effort to create an AI-ready workforce The big leadership story: Micron’s ‘paradigm shift’ The markets: Down globally, as the U.S. tech selloff seems poised to continue. Plus: All the news and watercooler chat from Fortune. Good morning. “We don’t want to wait for the ‘then what’ scenario,” former…
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Europe’s AI wake-up call: cybersecurity threats, sovereignty fears, and a growing demand for ROI dominated VivaTech
Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: All the news from Paris’ VivaTech conference. The stream of researchers leaving Google DeepMind continues. The defeat of New York Congressional candidate Alex Bores—and what it means. OpenAI and Broadcom unveil new AI chip. I spent last week in Paris for VivaTech, Europe’s largest…
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Lux Capital cofounder Josh Wolfe’s limited-odds, high-stakes 2027 predictions
We’re a little over halfway through 2026, and frankly, so far it’s been a weird year. I was thinking about that in the context of this week’s Term Sheet Podcast with Josh Wolfe, Lux Capital cofounder and backer of companies like Anduril, Applied Intuition, Hugging Face, Impulse Space, Osmo, and Physical Intelligence. Wolfe invests with…
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A 6 year study shows which CEOs are pushing RTO mandates: The ones with the biggest egos
In today’s CEO Daily: The one trait that really explains the Fortune 500’s return-to-office drive The big leadership story: What New York City’s progressive Congressional victories mean for business leaders The markets: Asia semiconductor shares come roaring back Plus: All the news and watercooler chat from Fortune. Good morning. Claire Zillman writing from London this morning.…
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How Home Depot is rebuilding retailing with AI
Over the past few years, Home Depot has been rebuilding its business with more artificial intelligence intended to make shopping easier and workers more efficient. But the home-improvement retailer’s tech-focused C-suite team leading these efforts has also been recently refurbished. Franziska “Fran” Bell became Home Depot’s chief technology officer in April, after most recently serving…
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As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
Venture capital’s gotten lopsided. While you probably knew some version of this—I know I certainly talk about it enough—the data is nevertheless striking. PitchBook this week released its U.S. VC midyear outlook, and the fundraising numbers are skewed to say the least: Funds over $1 billion raked in almost 72% of all capital raised in…
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Business is moving past the tech bro era and learning to value ‘real people, real places’
In today’s CEO Daily: Diane Brady talks to Steve Case and David Rubenstein about finding initiative and entreperneurship across the U.S. The big leadership story: Is renting AI from another country a national security risk? The markets: A modest recovery after yesterday’s tech crash Plus: All the news and watercooler chat from Fortune. Good morning.…
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Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
Welcome to Eye on AI. In today’s issue: Google DeepMind loses top AI talent, raising questions about its status in the AI race Intelligence chiefs warn about imminent AI-driven cyber risks OpenAI expands program for cyber defenders to use AI Lab makes RSI progress That giant sucking sound you hear? That’s the woosh of talent…
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Saudi’s sovereign wealth fund wants the kingdom to become a global investment center
In Fortune Gulf Brief today: “Bringing the world back to Saudi Arabia” The $300 billion question: will Gulf capital fund Iran’s reconstruction? DP World in talks to operate first U.S. container terminal Dubai steams ahead with $9.2 billion Metro Gold Line The 3 things we enjoyed reading this week In case anyone was still in…