Newsletters
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Exclusive: Hyfix raises $15 million to build a U.S. alternative to DJI’s drone dominance
U.S. tech VCs are backing a new play to rebuild the drone stack from the silicon up. Hyfix Spatial Intelligence just raised a $15 million seed round to create an American-made “brain” for drones and robots, Fortune learned exclusively. The Santa Clara, Calif.-based startup is developing a single autonomous-systems chip that folds flight control, high-precision
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Dow’s next chapter depends on whether new CEO Karen Carter gets room to lead—and how fast Jim Fitterling steps back
In today’s CEO Daily: Diane Brady grades Dow on its succession planning. The big leadership story: AI CEOs are facing physical risks. The markets: Holding relatively steady as investors eye U.S.-Iran talks and digest early earning results. Plus: All the news and watercooler chat from Fortune. Good morning. Former Cisco Chairman and CEO John Chambers
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Exclusive: AlphaSense names new CFO as revenue tops $500 million
Good morning. For several years, Samantha Greenberg used AlphaSense to analyze companies. Now she’s the platform’s CFO. AlphaSense is a specialized AI-powered search engine for companies, investors, and analysts. Instead of the open web, the platform indexes a library of about 500 million documents, including premium business content such as SEC filings, earnings transcripts, and
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Trump’s war and rhetoric are drowning out the IMF’s growth agenda
In today’s CEO Daily: Diane Brady on the factors that will determine whether the IMF can stay focused on growth. The big leadership story: One CEO is backing off a vow to evaluate employees on their AI use. The markets: Up as investors shrug off stalled U.S.-Iran peace talks. Plus: All the news and watercooler
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Exclusive: Chad Rigetti’s Sygaldry raises $139 million to bring quantum hardware to AI data centers
Chad Rigetti has devoted his career to quantum computing—a phrase you’ve perhaps most recently encountered in Marvel’s Ant-Man and the Wasp: Quantumania. Superhero movies aside, quantum computing is somewhere between reality and moonshot. In the most rudimentary terms (all I feel remotely qualified to give you), a quantum computer uses counterintuitive rules of physics to
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This is the hidden reason your AI investments are failing, according to Brené Brown
Good morning! Most C-suite leaders today are obsessed with preparing employees for the AI era by teaching new technical skills. Brené Brown thinks they’re fighting only half the battle. The billions being poured into AI, she says, will not pay off if companies fail to invest in the human foundations—trust, development, and culture— that determine
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Tens of billions in days: CoreWeave shows how aggressively AI infrastructure is being funded
Good morning. For finance leaders trying to understand how the AI infrastructure race is being funded, CoreWeave just offered a revealing case study. In the span of a few days, the Nvidia-backed startup locked in tens of billions in customer commitments and layered on multiple forms of debt. This underscores a defining feature of today’s
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China went from uninvestable to unavoidable—and Hong Kong is cashing in with a slew of AI-centric IPOs
Nicholas Gordon, Fortune’s Asia editor, filling in for Allie Garfinkle. Hong Kong is back. IPOs in the Chinese city raised almost $14 billion in the first quarter of the year, a jump of almost 490% year-on-year. That number keeps Hong Kong at the top of the world’s IPO league tables, building on last year’s stellar
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What the latest search for Satoshi means for the crypto industry
My heart sank last week when I woke up to discover that The New York Times had “identified” Satoshi Nakamoto. I was less worried about the impact on the market than I was about the flood of well-meaning “Hey, did you see they found the inventor of Bitcoin” texts and emails I would soon be
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WeWork’s latest comeback bet fits inside a phone booth
In today’s CEO Daily: Diane Brady reports on a new product from a slimmed-down WeWork. The big leadership story: An AI push didn’t spare Intuit from the SaaSpocalypse. The markets: Mostly down as optimism for a Iran peace deal fades. Plus: All the news and watercooler chat from Fortune. Good morning. I’ve long been fascinated