Tech
Inside the rise and fall of AI’s open source king and his $1 billion startup—and the bad breakup with key investors Coatue and Lightspeed
Stability AI, led by CEO Emad Mostaque, emerged as one of the first high-flying startups in the generative AI boom, garnering a $1 billion seed valuation. Within months the relationship with investors broke down and spurred a campaign to oust Mostaque, who resigned on Saturday.
March 27, 2024
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Newsletters
- Data SheetOregon’s new right to repair law bans ‘parts pairing’ in defiance of Apple
- Impact ReportHow America’s sustainability backlash is causing a transatlantic divide
- Fortune CryptoSam Bankman-Fried can expect a stiff sentence today—because he still doesn’t get it
- BroadsheetExclusive: The National Women’s Soccer League hires ex-Bumble exec as COO to run the league ‘like a business’
- CHRO DailyThe U.S. is still the top destination for highly skilled tech talent—and companies are using a special visa to bring them here
- CEO DailyHow Mercer’s CEO planned her own retirement–and succession
From the magazine
Magazine
Aflac’s CEO gave us that obnoxious, genius duck and changed the insurance industry. Now, he’s facing his aging customers’ mortality—and eventually his own
Dan Amos has spent his 34 years as CEO of Aflac selling insurance against illness and death, but there are some endings that all the insurance in the world can’t prevent.
March 26, 2024
Commentary
- CongressThe economics of antibiotics are broken and superbugs are on the rise–but a solution inspired by the subscription economy could save millions of lives
- A.I.AI Ph.D.s are flocking to Big Tech. Here’s why that could be bad news for open innovation
- Sam Bankman-FriedI pleaded guilty to a $3 million fraud charge. This is my advice for Sam Bankman-Fried
- Health1 in 3 Americans who die in hospital had sepsis–and that’s just one of the many areas where AI can improve early diagnosis
- BoeingInside the cockpit at Boeing: Here are the top 5 candidates for CEO as Dave Calhoun exits
- Health1 in 4 people skip regular checkups–and forgo their chance to benefit from early cancer detection. It’s time to nag the ones you love
Topics
Environment
London’s water supplier set to collapse into ‘special administration’ as shareholders refuse to bail out Thames Water
The White House and Gretchen Whitmer just took out a $1.5 billion loan to buy a nuclear power plant that was going to get dismantled
The Texas ranchers whose cattle survived the biggest wildfire in history now have cows sick with bird flu
Finance
Wendy’s offers chance for free breakfast for a year – but only in some states
The U.S. economy just won’t quit — fourth-quarter GDP was revised even higher than initial estimate
Home Depot’s largest acquisition ever is an $18.25 billion bet on the housing market’s severe shortage of new homes
Health
The economics of antibiotics are broken and superbugs are on the rise–but a solution inspired by the subscription economy could save millions of lives
Ozempic maker Novo Nordisk facing pressure as study finds $1,000 appetite suppressant can be made for just $5
Ask Andy: How can you tell whether a startup is a good place to work? When is it safe to disclose a mental-health challenge to coworkers?
Leadership
Buttigieg stresses the enormity of the collision in Baltimore as engineering community fiercely debates safety measures
The U.S. is still the top destination for highly skilled tech talent—and companies are using a special visa to bring them here
Ask Andy: How can you tell whether a startup is a good place to work? When is it safe to disclose a mental-health challenge to coworkers?
Lifestyle
F1 owner Liberty Media is eyeing a $4.32 bn deal to buy up motorcycle racing series MotoGP. But it could face a big speed bump—competition watchdogs
How to watch MLB’s Opening Day for free—and without cable
How 4 minor league baseball players made $200,000 on Del Taco insider trading, complaint says: a night out drinking with a Jack in the Box analyst
Personal Finance
Wendy’s offers chance for free breakfast for a year – but only in some states
Some Ivy League schools will charge students $90,000 and up per year starting this fall
How a credit card’s ‘plunk factor’ became a millennial status symbol: ‘It feeds the ego’
Politics
Bake-off over Capitals, Wizards ends with $515 million publicly funded deal for teams to stay in Washington DC for decades longer
The economics of antibiotics are broken and superbugs are on the rise–but a solution inspired by the subscription economy could save millions of lives
Joe Lieberman, former Connecticut senator who was the first Jewish candidate on a White House ticket, dies at 82
Retail
Birkin bags can double in value in 5 years. An Hermès expert explains why it’s a better investment than gold
U.K.’s competition watchdog takes aim at fashion retailers ASOS, Boohoo and Asda in greenwashing clampdown
Secondhand clothing stores are red-hot as consumers look to save money
Success
Some Ivy League schools will charge students $90,000 and up per year starting this fall
Stanford economist says forcing people back to the office full time is a costly mistake: ‘They want to learn, they want to socialize—they just don’t want to go in five days a week’
AI Ph.D.s are flocking to Big Tech. Here’s why that could be bad news for open innovation