Motorists in California are facing a surreal sight at the pump as diesel prices climb toward an unthinkable ceiling. According to data from GasBuddy, several stations in the state have officially hit $9.999 per gallon, which happens to be the absolute limit of what most digital displays can show. Because these pumps are typically designed
Sam Altman has put a damper on expectations that OpenAI would hit the stock market this year, stating that moving forward with an initial public offering in 2026 would be ill advised. Speaking with Fortune editor in chief Alyson Shontell, the CEO pushed back against the idea that the company is rushing toward a public
Investors hoping for a piece of the artificial intelligence boom will have to keep waiting, as OpenAI CEO Sam Altman has confirmed that the company will not launch an initial public offering in 2026. In a candid conversation with Fortune, Altman explained that rushing into the public market right now would be an ill advised
Crude oil prices have made a dramatic round trip back toward the century mark, with U.S. benchmarks topping 102 dollars per barrel this week. This surge represents a staggering climb from summer lows near 68 dollars, fueled largely by escalating conflict in the Middle East and the shutdown of critical infrastructure like Saudi Arabia’s East-West
General Motors is aggressively pursuing a strategy to decouple its battery supply chain from China, moving toward a fully domestic production model within the next few years. This push comes at a politically charged moment, as the Trump administration’s Department of Transportation has recently criticized rival Ford Motor Company for its deep technological ties to
Dario Amodei, the chief executive of AI firm Anthropic, has issued a stark warning to the tech industry, calling for a deliberate slowdown in the development of artificial intelligence. In a recently published essay titled We Must Pace the Frontier, Amodei argued that the current breakneck speed of innovation is outpacing our ability to manage
Dario Amodei, the chief executive of Anthropic, is calling for a deliberate slowdown in the development of artificial intelligence, warning that the current breakneck speed of innovation could lead to catastrophic outcomes. In a detailed essay published Saturday, the leader of the company behind the Claude AI model argued that the industry must pace its
A devastating crash at Miami International Airport has sparked an intense debate over the safety standards of Amazon’s logistics network after a cargo plane overran the runway, striking vehicles and killing five ground workers. New evidence from cockpit voice recordings reveals a chaotic final descent characterized by blaring warnings and a pilot admitting the aircraft
A federal judge has struck down a series of emergency declarations used by the Trump administration to force coal plants to remain operational, ruling that the Department of Energy exceeded its legal authority. The decision centers on a dispute over whether the federal government can override state decisions to shut down aging power plants. In
Caroline Ellison has stepped out of the shadows after serving her prison sentence for her role in the collapse of the FTX cryptocurrency empire. Austin Chen, the founder of the grantmaking nonprofit Manifund, revealed on Friday that he secretly hired the former Alameda Research CEO to help develop his organization’s platform and refine how philanthropic