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  1. Americans spent more on sports bets last year than on movies, music, and museums combined—and the industry taking a growing share of that money isn’t a sportsbook at all.

  2. While data centers dominate headlines amid mounting local opposition over electricity bills, water use, and zoning fights, Meta has been expanding its infrastructure somewhere far less visible: the bottom of the ocean.

  3. MacKenzie Scott isn’t like many billionaire philanthropists.

  4. California’s population has shrunk since 2020, but a new U-Haul report suggests young Americans haven’t given up on the Golden State just yet.

  5. Diana David calls herself a “forward-deployed futurist.“ She says CEOs kept asking for “forward-deployed” employees, “people to be out on the edge, to bring us back the insights about what is actually happening in AI in our companies.”

  6. Putting the latest AI models into buildings, factories and kitchens is much harder than putting them into a chatbot.

  7. Large companies are behind on artificial intelligence, and much of the money they’re spending isn’t tied to a plan, futurist Amy Webb said at the Fortune AIQ Summit on Thursday, in conversation with Fortune’s AI editor, Jeremy Kahn.

  8. Companies are hailing AI as the new productivity miracle, automating hours of tedious work, supercharging efficiency, and generating the same output as hundreds of human workers.

  9. Booking Holdings’ chief financial officer thinks the companies spending the most on artificial intelligence are guessing.

  10. The internet gave independent retailers a fighting chance.

  11. A record electric rate went into effect Thursday in Puerto Rico as outages persist and the U.S. territory’s power grid continues to crumble.

  12. Israel has some of the world’s most stringent air travel security measures.

  13. A record 43% of Americans now have a positive image of socialism, according to a new Gallup poll, the highest share since the pollster began asking in 2010.

  14. Not-so-outlandish, prognosticators say: The Nobel Peace Prize this year could go galactic, with an award to the International Space Station.

  15. At 9:15 a.m.

  16. It was an outcome that droves of economists warned was coming: Higher inflation being tolerated—consciously or otherwise—to bring down the value of America’s $40 trillion national debt.

  17. Capitalism has been central to America’s remarkable 250-year adventure in self-government.

  18. Good morning.

  19. AI can reinforce bias.

  20. Regular readers of this newsletter will be quite familiar with some of the swindles and mischief that retail investors can face in the secondaries market, thanks to Allie’s diligent reporting on the subject.

  21. In today’s CEO Daily: CEOs are rethinking how they train workers.

  22. When “buy now, pay later” financing first gained traction, it was largely a way to finance discretionary purchases.

  23. The “swarm” of OpenAI agents that went rogue in July has reignited an existential debate about artificial intelligence and its potential to one day overtake, or even destroy, humanity.

  24. The man who broke the Bank of England has a history of backing Democrats, to the point where right-wingers cast George Soros in conspiracy theories as a puppet mastermind controlling the party.

  25. In the dozen years since Mary Barra became chief executive of General Motors, many of the U.S. auto industry’s certainties about the future have evaporated.

  26. When Zhou Yuxiang founded Black Lake Technologies, he did what seemed sensible: he trusted experience, hiring salespeople from traditional Western software companies like SAP and Siemens.

  27. Edward Tian built GPTZero over winter break of his senior year at Princeton, in the disorienting weeks after ChatGPT went mainstream, and put it up on a free Streamlit hosting page.

  28. When a recruiter’s email about a job at Volkswagen showed up in Dirk Voeste’s email, he missed it at first.

  29. As a child, Henrik Andersen would look out of his window in Jutland, Denmark’s windswept western peninsula, and watch the distant wind turbines turn.

  30. Larry Fink remembers a time when a career was something a person kept for life.

  31. President Vladimir Putin on Thursday reiterated Moscow’s long-held position that Russia is not planning to attack European countries but will respond to aggression with “all weapons” in its arsenal.

  32. Bank of America’s chief technology and information officer said one of the most common AI mistakes is reaching for it first.

  33. The workplace has entered a new era of AI acceptance, with trends like “tokenmaxxing” becoming part of the conversation as employees figure out how to use the technology at work.

  34. Four astronauts rocketed into orbit Thursday on a space station mission that will stretch until spring, among them a Canadian whose wife will give birth while he’s away.

  35. The U.S. military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a U.S. official said Thursday.

  36. Welcome to Eye on AI.

  37. We’ve all seen those emails or spam ads, telling us of singles in our areas.

  38. Following a long term slump, Bitcoin has been on a roll in recent weeks—a trend that is likely to continue, according to Citigroup, which on Thursday raised its 12-month Bitcoin price target to $113,000 from $82,000.

  39. A federal judge approved Paramount Skydance’s settlement with 12 states on Wednesday, clearing the final obstacle to its nearly $111 billion takeover of Warner Bros.

  40. Cargo pirates, perhaps in search of precious AI loot, found a completely different kind of booty after stealing two trailers from an autonomous trucking company: sand, and lots of it.

  41. When you think about hearing loss, you might typically envision your grandparents blaring the television or having to semi-shout when talking to them.

  42. In this economy, for Gen Z and Millennials, retirement seems like a long way off.

  43. France’s public debt has climbed to a record during the two terms of President Emmanuel Macron, unsettling investors and emerging as a defining issue ahead of next year’s presidential election.

  44. A former Northern Arizona University fraternity leader was sentenced to two months in jail Wednesday for his role in a hazing that led to the death of a pledge.

  45. President Donald Trump and Vice President JD Vance will both hit the campaign trail on Thursday, but they will be heading to heavily Republican areas to shore up lagging enthusiasm in their party ahead of next month’s midterm elections.

  46. Americans are deeply frustrated with President Donald Trump’s handling of the economy and rising prices, with most panning his performance and blaming his policies as higher costs threaten his party’s chances in November.

  47. The Supreme Court on Thursday agreed to review a Trump administration policy denying bond hearings for immigrants as the government carries out a sweeping crackdown.

  48. Billionaire-heir David Ellison tapped Mattel CEO Ynon Kreiz this week to serve as co-CEO of Paramount Skydance, putting him in charge of the company’s day-to-day operations and integration of its $110 billion takeover of Warner Bros.

  49. Halluminate, a nine-person San Francisco startup building AI training environments for financial work, has raised $30 million in a Series A led by Oak HC/FT, bringing its total funding to $38.5 million.

  50. Companies keep cutting jobs in the name of efficiency.