AI is making businesses move faster. But faster doesn’t always mean better. The real advantage is using technology to help people make better decisions, faster and with greater confidence. That’s what I see happening in global commerce right now. Every day, millions of decisions determine whether a production line keeps running, a store shelf stays
When the global economy is about to go haywire, few people are better positioned to read the signals than Raj Subramaniam. The FedEx CEO presides over an operation that moves roughly 18 million packages globally and generates two petabytes of data every day. The company connects 3 million shippers to 225 million consumers across 220
CEOs have warned that AI will wipe out white-collar and entry-level jobs, but demand for the tools is already creating new opportunities. America’s energy sector is thriving during the world’s latest tech transformation—but there aren’t enough workers to meet the demand. The U.S. power and grid value chain will need around 500,000 additional workers by
Amazon has raised prices for several of its first-party devices, including its Echo smart speakers and Fire TV line, making it the latest big tech company to increase consumer costs as memory chip shortages pressure several industries. The company overnight raised prices across its hardware product line, according to a review by Fortune. This includes
Concerns are growing that the de-facto tolling of the Strait of Hormuz could trigger a domino effect for key shipping bottlenecks worldwide, creating more global inflation and effectively killing key components of international maritime law. As Iran insists on some form of fee structure for traversing the now-infamous strait—and the U.S. increasingly seems unable to
Pablo Palafox likes to say his company is “getting started” even as its valuation just crossed ten figures. HappyRobot, the startup that builds AI agents to run the phone calls, emails, and scheduling that keep supply chains moving, just raised a $150 million Series C at a $1.2 billion valuation, Fortune learned exclusively. Prysm Capital
