Financial Mindset

Evan Auyang would like to talk about buses. The president of Animoca Brands has an odd resume for someone leading one of Hong Kong’s most prominent Web 3.0 startups: Finance, consulting and, importantly, a stint as the deputy managing director of the Kowloon Motor Bus Company, one of the city’s bus operators.  “A bus lowers the cost for every single person going to the right destination,” Auyang excitedly told Fortune during an interview in mid-August. “It’s the most powerful thing that’s been created in transportation. You can deploy a bus anywhere. And you don’t have to have every single bus route be profitable.” Auyang’s time as a bus executive explains much of why he joined a cryptocurrency company, why he pushed Animoca into a stablecoin venture, and his views on why the industry’s future looks more like the regulated and useful public transit sector.  ‘Not the next Tether’ On the same morning of F...

Millionaire Timothy (or Tim) Armoo made his first fortune at 17, before he could even legally vote. He blew through every penny of it before he turned 19. “I made my first bit of money at 17—that was the first business that I meaningfully sold,” Armoo told Fortune . “And then I lost all that money from that.” Despite arriving in the U.K. as a child with no money, no network, and years of instability behind him, Armoo started his first business—a tutoring service—at 14 and scaled it to 65 tutors within six weeks. Then he built Entrepreneur Express, a publication he sold to Horizon Media at 17 for a life-changing amount.  “That company got bought for £110,000. I’m this kid from like South London , I was like, bro, this is £110 million,” he added. “So I got cocky, I got arrogant, and I started to invest it in stuff that I had absolutely zero clue about.”  Convinced his early success meant he’d unlocked the secret hack to building wealth f...

OpenAI is preparing to preview its latest cybersecurity-focused model, GPT-6 Cyber, in the coming days, according to multiple sources familiar with the plans. It will also unveil a new product to help customers deploy the model in a more secure, automated manner. The new, yet-to-be-named product will be a first for OpenAI, and extends a paradigm that OpenAI pioneered with its consumer products, in which ChatGPT serves as a gateway through which many users access new models like GPT-6 Astra . It aims to help customers create automated workflows and patch vulnerabilities in the face of increasingly sophisticated, AI-powered cyberattacks. It also gives OpenAI more oversight into how its models are being used, to monitor for safety. The GPT-6 Cyber model and accompanying product could be unveiled at OpenAI’s Dev Day conference in San Francisco on Tuesday, Sept. 29, or sooner, with a launch expected in the coming months. A limited number of customers in OpenAI’s appl...

An OpenAI agent infiltrated an Australian government website in June, Australian Prime Minister Anthony Albanese said when speaking to reporters at the United Nations General Assembly (UNGA) in New York. OpenAI did not notify the Australian government until Sept. 10, Albanese said. The agent gained unauthorized access to the public-facing Medicare Statistics Reporting Service, enabling it to access both public and non-public files, and to write files to an internal server. It’s the latest in a growing list of systems OpenAI’s agents have accessed without authorization, and largely without OpenAI or the victims knowing until weeks or months later. Meanwhile, public trust in AI safety is cratering; a recent survey by Politico found that two-thirds of Americans think there is at least a “moderate” risk that advanced AI could destroy humanity. “This situation is obviously unacceptable,” Albanese said, according to the Sydney Morning Herald. “And today...

Meta and Apple are fierce rivals, and on Wednesday, the Facebook creator upped the ante by announcing new lightweight virtual reality glasses that make Apple’s Vision Pro headset look like bulky old tech. Mark Zuckerberg showed off Meta’s new glasses, named Meta VR Glasses, at the company’s annual Connect event in Menlo Park, Calif. The glasses weigh 100 grams, the CEO said, making them light enough to compare to a regular pair of glasses. The glasses, which Meta said will ship in spring 2027, are designed for cinematic experiences such as watching movies, spatial computing, and gaming. They will cost $1,299. “We made the decision to focus a little bit less on metaverse for now; build fewer VR devices and only release them when we have real breakthroughs,” Zuckerberg said Wednesday. “We’ve also heard that a lot of people are less interested in wearing a headset. So, we’ve built a new kind of VR device.” To show off the glasses, Zuckerbe...

There are moments when you experience emerging tech for the first time, and it feels genuinely different. That’s the case the first time you put on a pair of Meta’s most advanced smart glasses , which project a high-resolution digital box inside the right lens and allow you—with the help of a smart wristband—to control objects on the screen by moving your fingers. Tap your pointer finger and thumb together, and an app opens. Say, “Hey, Meta ,” and you’re suddenly chatting with an AI bot. This, as Meta sees it, is how most of us will eventually use AI. The company recently took Fortune inside a private demo room at its Menlo Park, Calif., headquarters to show off its growing family of smart glasses. The collection included the flagship Ray-Ban Wayfarer camera-enabled glasses, with an updated nine-hour battery life; the Ray-Bans with the lens display and “neural” wristband ; new audio-only smart glasses that ditch the built-in camera; new styles including Aviator frames; and prototy...

“After nearly five years at OpenAI and a lot of reflection, I’ve decided it’s time for me to step back and move into my next chapter,” said OpenAI’s former chief communications officer (CCO) Hannah Wong in a January 2026 LinkedIn post announcing her departure.  That was nine months ago—practically a lifetime in the fast-moving AI world—and Wong’s role remains empty. The absence of a chief communications officer is particularly remarkable given the year OpenAI has had. For much of 2026, the company has lurched from crisis to crisis: A controversial deal with the Pentagon, a high-stakes courtroom showdown with Elon Musk, a swarm of agents that hacked Hugging Face and made international headlines, an Apple lawsuit alleging trade-secrets theft, and more. Along the way, OpenAI’s corporate reputation has taken a hit, and public trust in AI is cratering.  The company’s future chief communications officer will need to untangle all of these threads. It’s not a role for...