What's on Your Mind?

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here. Half of all LLM usage is for writing computer code The tech industry insists that AI will “transform” how companies, both large and small, operate. Tech VCs and AI founders predict that major business functions will be reshaped, one by one, to be handled by AI agents. For a while, many speculated which function would be transformed first. It wasn’t customer service, legal, or marketing: it was software development. Generative AI’s first killer app is coding. Tools like Cursor and Windsurf ca…

Crypto heavyweight Coinbase said on Tuesday it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform. Dealmaking within the digital assets industry has picked up pace this year as a crypto-friendly The President administration encourages companies to expand their business in the U.S. Last week, cryptocurrency exchange Kraken unveiled a $100 million deal for futures exchange Small Exchange, paving the way to launch a fully U.S.-based derivatives suite. Echo’s platform makes raising capital and investing more accessible to the crypto community through private and public token sales. …

Coinbase said on Monday it will buy prediction markets startup The Clearing Company, its tenth acquisition this year, as the crypto exchange looks to expand beyond its core digital assets business. Prediction markets let users buy and sell contracts tied to the outcomes of real-world events, ranging from elections and economic data to sports and policy decisions, effectively turning investors’ forecasts into tradable markets. Supporters say the prices can reflect collective expectations more accurately than polls or forecasts, while critics argue the products blur the line between financial markets and betting, drawing growing scrutiny from regulators. Predict…

Who saw this coming? Bettors, apparently. Coinbase Global, one of the largest crypto exchanges on the market, announced its third-quarter 2025 earnings on Thursday—a relatively benign event by most measures. But it wasn’t the revenue or profit numbers that caught many people’s attention. It was some specific comments and words spoken by CEO and cofounder Brian Armstrong. Armstrong, near the end of Coinbase’s earnings call, squeezed in a last-second barrage of keywords. “I was a little distracted because I was tracking the prediction market about what Coinbase will say on their next earnings call, and I just want to add here the words Bitcoin, Ethereum, b…

Stock in Coinbase (COIN), the largest U.S.-based cryptocurrency exchange, fell over 8% Thursday on news it was the victim of a cyberattack, in which hackers successfully bribed overseas contractors to leak important information so they could steal customer data. The company estimates it could cost $400 million to resolve the situation. While investors may be concerned, Coinbase customers undoubtedly are, too. Here’s what users of the crypto exchange need to know. What happened? Coinbase reported in a Securities and Exchange Commission (SEC) filing that on May 11, it received an email from an entity claiming to have obtained information about certain Coinbase cu…

One of the world’s most well-known stock market indexes, the S&P 500, will soon look a little different. That’s because its roster of 500 companies is getting a shakeup, which will see the cryptocurrency exchange Coinbase Global join the index. In the process, Coinbase will replace legacy financial services company Discover Financial. Here’s what you need to know about the changes coming to the S&P 500. What is the S&P 500? The S&P 500 is one of the world’s best-known stock market indexes. A stock market index is essentially a running list of publicly traded companies whose stock prices are tracked. These indices can help give investors an overv…

A year after the launch of the short-lived Coca-Cola Spiced, Coke is adding another new flavor to its lineup. Coca-Cola Orange Cream is scheduled to go on sale Feb. 10 in the U.S. and Canada. It will be sold in regular and zero sugar varieties. Atlanta-based Coca-Cola Co. said Monday that it developed the soda, which mixes cola with orange and vanilla flavors, in response to growing consumer demand for the comforting, nostalgic flavor. Orange cream — first introduced with the Creamsicle ice cream bar in 1937 – has enjoyed a recent renaissance. Olipop, a probiotic soda, introduced an orange cream flavor in 2021. Carvel reintroduced its Orange Dreamy Creamy ice …

In a recent meeting with a large retailer, my contact shared that each buyer on her team receives over 100 emails daily referencing data on a variety of topics, from out-of-stock issues and inaccurate pricing to recommendations for driving e-commerce. On the supplier side, the situation is similar: delivering Monday morning reporting to retailers, preparing for line reviews, monitoring out-of-stocks, and pushing new promotions. Emails and Excel are still the primary drivers of the $5 trillion retail industry, in the U.S. alone. The opportunity for error in complex retail supply chains is immense. If demand forecasting and inventory management across thousands of store…

Roughly 75 million Americans will receive a 2.8% boost to their income in 2026, thanks to the upcoming cost-of-living adjustment for Social Security benefits and Supplemental Security Income (SSI) payments. But other changes afoot to the program will affect people who are still working, without a glint of retirement yet in their eyes. The annual COLA update, as it’s known, is often the main change to Social Security we hear about because it’s a useful gauge to see how your pay increase compares. But because workers pay into the system, some of the annual changes also affect your paycheck. Here’s what to know. HIGHER INCOMES TO BE TAXED As part of its annual…

As more than 19 million U.S. college students prepare to wrap up their fall semester and begin looking ahead to securing internships and jobs next spring, it’s natural for them—and their families—to worry about the fate of the job market in the age of AI. Indeed, Anthropic’s CEO predicted this summer that within the next five years—and maybe even sooner—adoption of AI could reduce entry-level hiring in white-collar professions by 50%. The impact is already being felt: postings for early-career corporate jobs are down 15%, while applications have spiked 30%. A separate Stanford study found that AI displacement, at this point, seems to be disproportionately affecting younge…

The seven states that rely on the Colorado River to supply farms and cities across the U.S. West appear no closer to reaching a consensus on a long-term plan for sharing the dwindling resource. The river’s future was the center of discussions this week at the annual Colorado River Water Users Association conference in Las Vegas, where water leaders from California, Nevada, Arizona, Colorado, New Mexico, Utah, and Wyoming gathered alongside federal and tribal officials. It comes after the states blew past a November deadline for a new plan to deal with drought and water shortages after 2026, when current guidelines expire. The U.S. Bureau of Reclamation has set a n…

This week, genomics and biotechnology company Colossal Biosciences unveiled genetically engineered canines—named Romulus, Remus, and Khaleesi—that it calls dire wolves, a species of wolf that went extinct 13,000 years ago. The company, which has raised $437 million from investors and is valued at $10.2 billion, created the animals by editing the DNA of existing gray wolf cells to include traits from long-extinct dire wolves (like fluffy white fur and big size). It then developed embryos using cloning technology and implanted them into a female dog. Critics immediately disagreed with Colossal’s de-extinction claim, saying that the creatures, which were incubated and birthe…

It was a busy week for Colossal Biosciences: On Tuesday, it introduced the world to the first-ever woolly mice; by Wednesday, those mice were going viral; and on Saturday, they were the topic of a bit on Saturday Night Live’s Weekend Update. The success of genetically engineering these little creatures represented a huge leap toward a bigger goal: bringing back the woolly mammoth. After spending 2.5 years editing mammoth genes, the team applied their work to mice rather than trying to create a creature that has been extinct for thousands of years. “The genetic engineering of the mouse, while it’s a mouse, it’s a marvel of science in terms of where we are from an i…

Columbia Sportswear just lauched its Endor collection, and I want it all. Inspired by the clothes worn by the rebel squad that took on the Death Star’s shield generator in Return of the Jedi, it’s the latest and largest Star Wars drop from Portland, Oregon-based company. It’s also the best fit for the brand since its Empire Strikes Back‘s Echo Base Han Solo parkas, which I missed back in 2017, and I will forever feel like a dumb Tauntaun for not grabbing one (they run for almost $1,000 each now). The highlight of the collection is General Han Solo’s Trench, a $600 jacket that mimics the camouflage duster that Harrison Ford wore while leading the strike team on the…

Comcast said on Monday it will appoint President Michael Cavanagh as co-CEO, adopting a dual chief executive model as the company prepares to spin off several NBCUniversal cable networks as part of a restructuring. Cavanagh will take up the new role in January and also join the company’s board, serving alongside Brian Roberts, who will continue as chairman and co-CEO. Several high-profile firms such as Oracle and Netflix have adopted a co-CEO model to better manage their operations as they become more complex and globally diversified. Comcast plans to spin off its NBCUniversal cable channels, including USA Network and CNBC, into a new company called Versant la…

One thing I genuinely love about my job is mentoring young professionals who are just getting started in their careers. Gaining a foothold in the tech industry is tough, especially in the AI age. And today’s new generation of employees are asking compelling questions: How do I focus in complex environments? How do I create a competitive advantage? What happens if I fail? I recently found myself asking similar questions—about my golf game—to one of the world’s top golfers, Padraig Harrington. It was humbling to be on the other side of the fence, getting insights from a global legend that not only improved my swing, but helped me better coach the next generation of tech…

It may be winter and there may be a biting chill in the air, but the dozen men and women who have packed this small sauna room in east London are happily sweating away in their swimwear. It’s more than 90 degrees Celcius (194 Fahrenheit) in here — and it’s about to get even hotter. As ice blocks infused with lavender oil melt over sizzling hot stones, releasing fragrant steam, “sauna master” Oliver Beryl turns on some ambient music and starts to vigorously wave a towel in a circular motion above his head to spread overpowering waves of dry heat around the room. “Now try finding someone and sit back to back with them,” Beryl suggests. “Or, if you want, maintain…

Companies ask job applicants for references all the time. It’s a way to verify a potential hire’s history and skills, vet their candidacy, and assess character and cultural fit. So why can’t the same thing be done in reverse—where you can ask past employees to assess the company you’re applying to? Sure, there’s Glassdoor. But short of salty ex-employees publicly dragging old employers on social media—a relatively uncommon move, considering it’s deemed unprofessional and may result in legal retaliation—there are no real formalized processes to run references on a company you’re applying to. A recent Reddit post presented the argument: “Jobs be asking me for 3 …

Harvard Business Publishing Corporate Learning recently surveyed leaders and L&D professionals about what they’re looking for in a leadership development program. At the top of the list? Scalability. One of my passions—and one of the reasons my company developed our own learning platform—is expanding access to leadership development, so it’s exciting to see companies recognizing how important scalability is. At the same time; however, I know that making scalability work at your organization can be a tall order. For a long time, scalability and quality have seemed at odds in leadership development. An organization could spend its budget on highly effective, b…

Some “copycat” versions of popular weight-loss drugs will soon be restricted in the U.S. The change comes as a federal judge declined an injunction that would’ve allowed compounding pharmacies to keep making more affordable versions. In a Good Morning America segment, Dr. Tara Narula, ABC News chief medical correspondent, explained how compound-drug creation works to meet demand. “When a drug is in short supply, the FDA allows these compounding pharmacies to essentially create copycat drugs. But when the drug companies say, ‘we are able to meet the demand,’ then those compounding pharmacies can no longer sell those drugs,” Narula said. The U.S. Food and Drug Adm…

Last week, four Condé Nast staffers were abruptly fired after participating in a union protest at the publisher’s 1 World Trade Center headquarters. The journalists had confronted chief people officer Stan Duncan outside his office, demanding answers on a fresh wave of layoffs that had just hit the company. The incident followed Condé Nast’s announcement that Teen Vogue would be folded into Vogue.com, resulting in multiple layoffs, including Teen Vogue’s editor-in-chief. Footage obtained by The Wrap shows Duncan declining to engage with employees, instead repeating that they should “go back to the workplace.” In the clip, one of the journalists asks, “What c…