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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
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AI founders in shopping, maps, and social have a front-row seat to just how fast consumer expectations are rising

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Emma Hinchliffe
Emma Hinchliffe
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Sara Braun
Sara Braun
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Emma Hinchliffe
Emma Hinchliffe
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Sara Braun
Sara Braun
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June 25, 2025, 9:23 AM ET
Woman purchasing clothes on a mobile app
What was good enough six months ago isn't good enough for consumers today. Alistair Berg—Getty Images
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– What’s next. Business has already been thoroughly transformed by AI, with more to come. Where AI is still in early innings is consumer technology—a topic that four founders building consumer AI startups joined me to talk about at New York Tech Week earlier this month.

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Jenny Wang is building Alta, a fashion startup that resembles the famous closet technology from Clueless—users can create avatars of themselves, incorporate their actual wardrobes, and get AI-driven help styling outfits. Alta just raised $11 million, with investors including Michelle Obama’s stylist Meredith Koop.

Eliza Wu cofounded Corner, an AI-powered maps platform. Rather than show everything that might appear on Google Maps, the Corner app curates based on “vibes” and personalization for what a user is interested in.

Clara Gold is building Gigi, an AI social connector that Gold says knows everything about you, from your yearslong internet footprint—and can predict who you need to know, from friends to work contacts to dating.

Fai Nur created Status, an AI-powered social media game that lets users (who are mostly Gen Z and Gen Alpha) experience scenarios, like chasing fame or living as someone else or a different version of themselves.

What these founders have in common is taking the technology that has so far powered huge transformation to productivity—both at work and at home—and using it to change how we interact with the “fun” tech we use day-to-day. That’s everything from the next generation of gaming and social media to the clothes we wear and the way we experience the world around us.

While tech giants are incorporating some of these features, these founders argue that startups are best positioned to shape the AI, personalized era of consumer tech. “Existing search engines, they’re very much beholden to existing stakeholders and existing revenue models,” says Wu, the cofounder of the maps app Corner. “So Google Maps can’t truly not show you a huge swath of restaurants because they are the Yellow Pages of the physical world…We can show you whatever we want.”

These founders are also getting rapid insight into just how quickly consumer expectations are changing as AI improves. “We’re becoming kings in our own world,” Gold, of the social connector Gigi, says of the experience of a ChatGPT user. “We want the right answer instantly. Expectations are rising—and we need to build product accordingly.”

Emma Hinchliffe
emma.hinchliffe@fortune.com

The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Today’s edition was curated by Sara Braun. Subscribe here.

ALSO IN THE HEADLINES

- On her own. Senator Lisa Murkowski, one of the few GOP critics of President Trump, admitted that she’s previously felt afraid to speak out against her party’s leader, and considers herself to be more of an outlier now than she was in Trump’s first term. “I think the country has changed in terms of what we have deemed tolerable or acceptable in our rhetoric,” she said. Washington Post

- Time for recess. Human rights activist Malala Yousafzai launched Recess Capital, an investment platform to enhance the rights of women and girls through sports. The fund is looking to invest in women’s teams, leagues, and sports-adjacent industries. CNN Sports

- Retail reshuffle. Almost half of U.K. retail board members today are women, according to a new report from the British Retail Consortium (BRC) and The MBS Group, marking a sizable jump from 32% in 2021 to 47% in 2025. Currently, almost 90 British retailers, including Tesco and Burberry, take part in BRC’s diversity and inclusion charter, which aims to track retailer progress on diversity metrics, such as bias in recruitment. Bloomberg

- Telehealth trends. Around 25% of abortions in the U.S. were accessed through telehealth at the end of 2024, a new report from #WeCount says—a jump from just 7% at the end of 2022. Abortion numbers in general have also been on the rise despite state bans, with over 1.14 million abortions in 2024, compared to 1.06 million in 2023. Wall Street Journal

MOVERS AND SHAKERS

Kyle Leahy is stepping down as CEO of Glossier, three years after she took over the beauty brand. 

Resolve, the National Infertility Association, announced Danielle Melfi as its new CEO. Melfi previously served as the first chief people officer at the White House. She will be replacing Barbara Collura, who is concluding her 18-year tenure as president and CEO at the end of June.  

Women’s apparel retailer J.Jill appointed Courtney O’Connor to the role of SVP, chief merchandising officer. She most recently was the chief merchandising officer at Club Monaco. 

Tanium, a cybersecurity company, announced Tara Ryan as its new chief marketing officer. She most recently served as CMO at Saviynt, where she led global marketing efforts for the company’s AI-driven Identity Cloud platform.

Photonic, a quantum computing company, named Kirsten Sutton as its new chief operating officer. She was previously chief technology and information officer at Vancity.

Dragos, a cybersecurity firm, appointed Deborah C. Hopkins to the company’s board of directors. She previously founded and served as the CEO of Citi Ventures, and was also Citigroup's first chief innovation officer.

ON MY RADAR

‘Less burnout, more babies’: How conservatives are winning young women New York Times

The unsung author of L’Oreal’s iconic ‘because I’m worth it’ tagline finally gets her due Fast Company 

The stablecoin evangelist: Katie Haun’s fight for digital dollars TechCrunch

PARTING WORDS

“Authenticity is more evocative than any kind of engineering you might consider doing to your face or your body.”

— Actor Carrie Coon on her decision to forgo cosmetic surgery in Hollywood

This is the web version of MPW Daily, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.
About the Authors
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
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Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

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By Sara BraunLeadership Fellow
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Sara Braun is the leadership fellow at Fortune.

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