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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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Current price of oil as of July 13, 2026

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Jony Ive (left), formerly with Apple and now with OpenAI, standing next to Laurene Powell Jobs, the widow of Apple founder Steve Jobs, at an event in 2022.
Stolen laptops, data breaches, secret moles, and recruiting-as-espionage. Here are the wildest claims in Apple’s lawsuit against OpenAI

Apple’s lawsuit against OpenAI for stealing trade secrets reads like a corporate spy thriller

By Emily ForliniJuly 13, 2026
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
Elon Musk and Sam Altman are accusing each other of scamming investors as SpaceX and OpenAI jockey to lead AI revolution
By Marco Quiroz-GutierrezJuly 13, 2026
u
Europe to social media platforms: make yourself safe for kids under 13, somehow
By Lorne Cook, Kelvin Chan and The Associated PressJuly 13, 2026
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
‘We are driving in the fog’: Hundreds of economists admit they’re flying blind on AI
By Nick LichtenbergJuly 13, 2026
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
Meta’s AI data center cost went from $10 billion to $50 billion in under 2 years—and split the town in two
By Sydney LakeJuly 13, 2026
b
Columbia Business School professors: What the Balogun red card can teach us about AI and judgment
By Oded Netzer, Christopher Frank and Paul MagnoneJuly 13, 2026
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Big Tech
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SpaceX and Amazon are tech doppelgangers worth $4.5 trillion—and they’re headed for a collision

Elon Musk’s space-and-AI company lost $4.9 billion last year and trades at 97 times sales. Investors need a lot to go right.

By Amanda GerutJuly 13, 2026
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

As governments race to restrict minors’ social media use, the tech billionaires who built the platforms are imposing strict screen limits at home.

By Marco Quiroz-GutierrezJuly 12, 2026
This former U.S. soccer player built a $20 billion-a-year company. Now, he says resilience matters more than talent—and points to Lionel Messi as proof

Jim Kavanaugh, a former U.S. Olympian, says the habits that made him a top athlete also helped him build World Wide Technology, a multibillion-dollar firm.

By Preston ForeJuly 12, 2026
James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX

His early bet on the rocket company has likely made him much richer than his father Rupert Murdoch ever did.

By Claire AtkinsonJuly 12, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Shuman Ghosemajumder
Exclusive: Google’s former ‘click fraud czar’ emerges from stealth with an on-device AI shield against AI-powered phishing, deepfakes, and other scams

Shuman Ghosemajumder’s new startup Reken uses an on-device ‘private core’ to analyze communications, automatically screening them for phishing and fraud attempts.

By Jeremy KahnJuly 13, 2026
Millionaires’ playground Marbella wants to become a tech hub

Now, the city wants to reinvent itself, with a  “2.0” vision that positions the Costa del Sol as a Silicon Valley of Europe, with Marbella as its Palo Alto.

By Sabrina Nelson Garcinuño and BloombergJuly 13, 2026
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio

This millennial founder survived a near-death experience. With just $1,000, he’s built a multimillion-dollar game studio inspired by a philosophy from Whole Foods’ CEO.

By Preston ForeJuly 12, 2026
Valarian raises $50 million to help governments and enterprises escape America’s cloud grip

An ex-Palantir exec co-founded the London startup building the software layer between governments and their AI.

By Lily Mae LazarusJuly 13, 2026
More in Startups & Venture
AI
More in AI
Why corporate strategy is moving to the CFO’s office
Why corporate strategy is moving to the CFO’s office

At a recent McKinsey forum, most CFOs said the strategy function now reports to them.

By Sheryl EstradaJuly 13, 2026
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply

The memorandums of understanding were signed with the Florida-headquartered Hummingbird AI Holdings and New York-based Ernst and Young LLP.

By Anselm Gibbs and The Associated PressJuly 12, 2026
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple

Most of OpenAI’s Apple recruits came from Ternus’ hardware engineering division, and some designers had backed Tan over Ternus for the top hardware job in 2021.

By Mark Gurman and BloombergJuly 11, 2026
More tech workers are retiring early because they don’t want to deal with AI-related changes: ‘Many people believe it’s overblown’

“For tech people, one of the distinctive features is that the learning curve of getting up to speed on a new technology can be a lot of effort,” one retirement expert said.

By Sasha RogelbergJuly 12, 2026
More in AI
Innovation
More in Innovation
Rocket shortage leaves Europe defenseless in space wars
Rocket shortage leaves Europe defenseless in space wars

European startups are racing to create an alternative to the U.S., but there have been only a handful of launches

By Gerry Doyle, Alan Crawford and BloombergJuly 13, 2026
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

Neuroscientist Jared Cooney Horvath said older generations “screwed up” giving students access to so much technology: “I genuinely hope Gen Z quickly figures that out and gets mad.”

By Sasha RogelbergJuly 12, 2026
Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

Bezos ramps up his rivalry with Elon Musk over space with the move, letting in institutional investors right as SpaceX stumbles in public markets

By Mia OsmonbekovJuly 8, 2026
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.

In the first half of 2026, U.S. VCs deployed $412.7 billion, a record that surpasses the full year of 2025 by 30%, according to PitchBook’s new report.

By Allie GarfinkleJuly 10, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype

Meta’s new feature disables its smart glasses’ camera if users tamper with the LED recording light.

By Marco Quiroz-GutierrezJuly 11, 2026
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says

U.K. AI agency found ‘universal jailbreaks’ that unlocked dangerous cyber capabilities in OpenAI’s GPT-5.6

By Emily Forlini and Jeremy KahnJuly 10, 2026
South Korean law targeting ‘fake news’ takes effect, but journalists say it discourages critical reporting and can lead to self-censorship

Journalists and civil liberties groups warn the the vaguely worded law could potentially discourage critical reporting about government officials, politicians and large businesses.

By The Associated Press and Kim Tong-HyungJuly 7, 2026
Palantir CEO Alex Karp is wrong about the threat Anthropic and OpenAI pose to most enterprises. That doesn’t mean he doesn’t have something to lose

The Palantir CEO says Anthropic and OpenAI deliver no value and ‘steal alpha’ from customers. Is he right?

By Jeremy KahnJuly 7, 2026
More in Cybersecurity
Latest stories from Fortune
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
Politics
U.S. launches new strikes on Iran while Tehran mocks Trump’s reversal on charging for Hormuz transits — ‘20% is of course too much. We will be fair’
By Jon Gambrell, Konstantin Toropin, Will Weissert and The Associated PressJuly 13, 2026
Lindsey Graham and Mitch McConnell face each other.
North America
McConnell’s absence could jeopardize Republicans’ defense spending agenda as the Iran war escalates
By Sasha RogelbergJuly 13, 2026
Best Recumbent Bikes (2026): Athlete Approved
Health
Best Recumbent Bikes (2026): Athlete Approved
By Christina SnyderJuly 13, 2026
SoFi® vs. College Ave student loans
Personal Finance
SoFi® vs. College Ave student loans
By Joseph HostetlerJuly 13, 2026
SoFi® private student loans review 2026
Personal Finance
SoFi® private student loans review 2026
By Joseph HostetlerJuly 13, 2026
usa
North America
America pays workers just 27% of what its wealth allows — the worst in the OECD
By Stephen Bagwell, Susan Randolph and The ConversationJuly 13, 2026
college
Personal Finance
The real reason college costs 43% of family income isn’t tuition
By Thomas Adam and The ConversationJuly 13, 2026
ph
North America
How Pete Hegseth’s DEI order just put Scouting America’s future at stake
By Seth T. Kannarr, Derek H. Alderman and The ConversationJuly 13, 2026
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Eric Simons
Commentary
15 years after skipping college to launch 3 startups, I believe the taboo around questioning higher ed is holding an entire generation back
By Eric SimonsJanuary 2, 2026
  • Sridhar Ramaswamy is CEO of Snowflake, the AI Data Cloud company.
    Commentary
    Snowflake CEO: Big Tech’s grip on AI will loosen in 2026 — plus 6 more predictions that will define the year
    By Sridhar RamaswamyDecember 28, 2025
Eric Schmidt sat in a white chair, speaking on a stage.
AI
How former Google CEO Eric Schmidt is motivated by Henry Kissinger to keep working past 70
By Jordan BlumJanuary 2, 2026
Eric Schmidt, former Google CEO, speaks during the Collision 2022 conference at Enercare Centre in Toronto, Canada.
AI
Google ex-CEO Eric Schmidt jumps into the AI data center business with a failed, 150-year-old Texas railroad turned oil giant
By Jordan BlumJanuary 2, 2026
AI chip designer Biren’s shares surge 76% on debut in Hong Kong
Asia
AI chip designer Biren’s shares surge 76% on debut in Hong Kong
By Sangmi Cha, Chongjing Li and BloombergJanuary 2, 2026
BYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time
Asia
BYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time
By Angelica AngJanuary 2, 2026
Bill Gates gestures
Success
Could 2026 be the year of the 4-day workweek? Here’s what top business leaders have predicted about the shift
By Preston ForeJanuary 2, 2026
  • Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025.
    AI
    OpenAI CEO Sam Altman says he is ‘envious’ of Gen Z college dropouts who have the ‘mental space’ and time to build new startups
    By Nino PaoliDecember 28, 2025
Two gamer teenagers work on computers.
Cybersecurity
Feds are hunting teenage hacking groups like ‘Scattered Spider’ who have targeted $1 trillion worth of the Fortune 500 since 2022
By Amanda GerutJanuary 1, 2026
For CEOs in 2025, the year was all about wellness, AI adoption, and changing consumer habits
C-Suite
For CEOs in 2025, the year was all about wellness, AI adoption, and changing consumer habits
By Fortune EditorsDecember 31, 2025
xi
Economy
Xi touts China’s AI, chip wins in triumphant New Year’s speech
By BloombergDecember 31, 2025
Donald Trump on the phone in front of a Christmas tree
Startups & Venture
Trump Mobile says its first-ever smartphone is delayed, and the government shutdown is to blame
By Dave SmithDecember 31, 2025
MGI
Commentary
The world is awash in wealth but starved for productivity—and that imbalance is distorting growth, debt, and opportunity. We need AI to come through
By Jan Mischke, Olivia White and Rebecca J. AndersonDecember 31, 2025
  • Brutal year for stock picking spurs trillion-dollar fund exodus
    Investing
    Brutal year for stock picking spurs trillion-dollar fund exodus
    By Isabelle Lee, Alexandra Semenova and BloombergDecember 27, 2025
Melinda French Gates
Success
Melinda French Gates got her start at Microsoft because an IBM hiring manager told her to turn down its job offer—’It dumbfounded me’
By Emma BurleighDecember 31, 2025
Nobuo Hayasaka, president of Kioxia Holdings Corp., stands for photographs during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo, Japan, on Wednesday, Dec. 18, 2024.
AI
A Japanese company you’ve never heard of walloped every major US company to become the best-performing stock of 2025
By Eva RoytburgDecember 31, 2025
Zuckerberg
AI
Meta claims ‘no continuing Chinese ownership interests in Manus AI’ after reported $2 billion deal to shore up in AI agent race
By The Associated PressDecember 30, 2025
Traders work on the floor of the New York Stock Exchange (NYSE) on December 30, 2025 in New York City.
AI
An AI super-bull who just backed the Nvidia-Groq deal warns of a data center bust: ‘We foresee a significant financial crisis’
By Eva RoytburgDecember 30, 2025
Warren
Big Tech
Warren Buffett plans to keep coming to the office every day, despite stepping down as Berkshire CEO at 94 years old
By Josh Funk and The Associated PressDecember 30, 2025
Nvidia CEO Jensen Huang.
AI
Nvidia’s Groq bet shows that the economics of AI chip-building are still unsettled
By Sharon GoldmanDecember 30, 2025
A man in a beanbag chair sits with his hands clasped over his mouth, with his laptop on his lap.
Tech
ChatGPT gets ‘anxiety’ from violent user inputs, so researchers are teaching the chatbot mindfulness techniques to ‘soothe’ it
By Sasha RogelbergDecember 30, 2025
This 22-year-old college dropout with an AI powered YouTube empire makes $700,000 a year and works just 2 hours a day
AI
This 22-year-old college dropout with an AI powered YouTube empire makes $700,000 a year and works just 2 hours a day
By Eva RoytburgDecember 30, 2025
Mark Zuckerberg smiles in a black and white suit
AI
Mark Zuckerberg’s Meta is dropping over $2 billion for an AI startup—a rare example of a U.S. tech giant buying a platform founded in China
By Dave SmithDecember 30, 2025
TV
Commentary
Television is a state of mind: why user experience will define the next era of media
By Lin CherryDecember 30, 2025
Warren Buffett and the Geico gecko.
Investing
A vicious cycle beats a virtuous one: How Warren Buffett’s Geico fell behind Progressive in the auto insurance race
By Adam SeesselDecember 30, 2025
India
Commentary
AI adoption at scale is hard. Just look at India, which processes about 20 billion transactions every month 
By Shankar Maruwada and Angela ChitkaraDecember 30, 2025
Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’
Asia
Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’
By Angelica AngDecember 30, 2025
Silicon Valley summit offers rare insight into humanoid robots—and China is the clear winner
Innovation
Silicon Valley summit offers rare insight into humanoid robots—and China is the clear winner
By Matt O'Brien and The Associated PressDecember 29, 2025
Sam Altman, standing in front of a large window, gestures with one hand and furrows his brow as he speaks.
AI
OpenAI is hiring a ‘head of preparedness’ with a $550,000 salary to mitigate AI dangers that CEO Sam Altman warns will be ‘stressful’
By Sasha RogelbergDecember 29, 2025
Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
Success
Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
By Orianna Rosa RoyleDecember 29, 2025
‘Godfather of AI’ Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to ‘replace many other jobs’
AI
‘Godfather of AI’ Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to ‘replace many other jobs’
By Jason MaDecember 28, 2025
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
Startups & Venture
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
By Jason MaDecember 28, 2025
NASA’s upcoming moonshot may let astronauts be the first to lay eyes on parts of the lunar far side that were missed by the Apollo program
Innovation
NASA’s upcoming moonshot may let astronauts be the first to lay eyes on parts of the lunar far side that were missed by the Apollo program
By Marcia Dunn and The Associated PressDecember 28, 2025
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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parentsplaceholder alt text
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Trump embraces Australian retirement system backed by Larry Finkplaceholder alt text
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