Dario Amodei’s $518 Billion Bet Gives AI’s Infrastructure Leaders the Upper Hand
Dario Amodei is betting more than $518 billion on AI infrastructure. The contracts behind that wager show how much certainty the leaders supplying chips and cloud capacity negotiated for themselves.
Everything You Should Know About Truffle Hunting in Italy
From Tuscany’s hotel estates to white-truffle season, Italy’s truffle hunts are less about luck than timing, terrain and knowing which dog to follow.
Antonio Romero’s Paintings Are Reflections of the Shadows of Power
The Salvadoran painter’s work can be found in the Museo Nacional Centro de Arte Reina Sofía in Madrid, MOLAA, the Colección Mario Cader-Frech and the Poma Family Collection. His latest exhibition, “MIRROR” at New York’s Kates-Ferri Projects, draws on Central America’s political history, using shadowy figures, palm-lined landscapes and a pervasive color to trace how power operates across borders.
New York
See AllFreeman’s New CEO Muys Snijders Is Betting on Regional Roots and a Wider Reach
The auction house’s newly appointed chief executive plans to leverage Freeman’s strong local networks and estate expertise, along with new technology and a less rigid auction calendar, to compete with larger rivals without chasing every trophy consignment.
Sotheby’s Lands the $450 Million Blaquier Collection, Led by a $180M Van Gogh
‘Châtaignier en fleurs roses et blanches’ leads a dozen Impressionist and Post-Impressionist masterpieces by Cézanne, Renoir, Degas and their peers owned by the Argentine sugar dynasty—a consignment long coveted by the major houses.
Inside the Room: The Founders, Investors and Operators at Observer’s A.I. Power Index Party
Founders, CEOs and investors packed Dante Elizabeth Street as Bloomberg’s Shawn Edwards and Candidly’s Laurel Taylor accepted Observer’s 2026 A.I. awards. Here’s who was in the room.
Raul De Lara’s Sculptures Ask What Separates Raw Material, Medium and Meaning
Working with Hermès for the second time, the Mexican artist has transformed the brand’s Madison Avenue window into an imagined world of anthropomorphized household objects, including large wooden leaves modeled on those of a favorite Central Park tree. He traces his relationship with wood back to a childhood spent around his father’s architectural woodshop and to a family history that includes woodcarving traditions.
What A.I.’s Most Powerful Leaders Said at Observer’s A.I. Power Index Party
From Bloomberg’s ASKB to Candidly’s mission to bring expert financial guidance to everyone, Observer’s first A.I. Power Index Party celebrated the leaders putting A.I. to work, and what they say comes next.
Art
See AllFor Younger Collectors, Fashion Is the New Fine Art
Where figures like Mouna Ayoub, Azzedine Alaïa and Daphne Guinness once assembled private couture archives, a broad new audience of young buyers sees storied handbags and runway pieces as both personal expression and investment.
Five Artists Who Treat the Earth as Both Medium and Beneficiary
Making climate-conscious art at scale and in public is arduous, expensive and often exhausting. Agnes Denes, Mary Mattingly, Maya Lin and their peers have built substantial careers, sustain themselves through their practices and hold places in major collections, yet haven’t shied away from creating works that help the planet.
Toronto’s Lassonde Art Trail Reimagines Public Art as Part of a Healthier Urban Ecosystem
The trail expands on the $1.4 billion tri-government investment reshaping Toronto’s waterfront through flood protection, environmental restoration and new public spaces. LAT’s curator, November Paynter, told Observer that the curatorial process began while the park was still under construction, with the team researching the site’s engineering, natural environment and history, before conducting studio visits with artists whose practices could respond to those conditions.
Josh Kushner Valued A24 at $3.5 Billion. Dior and Google Just Proved Him Right.
Josh Kushner’s Thrive Capital valued A24 at $3.5 billion in 2024. Two years later, a $400 million hit in ‘Backrooms,’ a $75 million Google A.I. investment and a two-year Dior partnership suggest his bet on a studio as a brand is paying off.
Constantin Nitsche Wrestles with the Limits of Painting
In conversation with Observer, the artist describes working without concept or deadline, the longing for completeness he borrowed from Kafka and how Marseille inspired him to embrace a broader palette.
Business
See AllDario Amodei Wants to Pace A.I. The Industry Needs to Pace Its Release.
Dario Amodei’s call to pace frontier A.I. raises a more practical question: how can the industry slow deployment without slowing innovation? Uniphore’s Umesh Sachdev argues for a clearer distinction between advancing the technology and deploying it, with rigorous testing and independent evaluation before systems reach widespread use.
Brian Niccol Says Starbucks Is Back. Pumpkin Spice Season Will Tell.
From the first PSL through Red Cup Day, Starbucks’ busiest stretch is the real stress test for Niccol’s ‘Back to Starbucks’ overhaul.
At Paris Fashion Week, Luxury Has to Prove What It’s Worth
The luxury industry is redefining status as consumers increasingly look beyond logos to craftsmanship, provenance and the origins of what they buy. RIISE’s Sara Bell argues that luxury’s future will depend on whether brands can connect rising prices to tangible proof of value, from exceptional materials and human skill to transparent supply chains and lasting design.
Eat Dior, or Eat at Dior? How Luxury Brands Are Building Beyond the Product
For decades, luxury houses have expanded from products into stores, hotels, restaurants and other experiences. From Dior’s Milan flagship to Dubai’s transformation into a luxury capital, international luxury expert Carlo Pignataro explores how the most enduring brands can become something clients don’t simply see or buy, but experience and return to.
Safra Catz Made Oracle an A.I. Giant, Then Stepped Aside. One Year Later, How Has Oracle Fared?
Safra Catz stepped down as Oracle’s CEO “when things are great.” A year later, the cloud business she championed is booming, but investors are questioning the cost of its A.I. buildout.
Travel
See AllThe Stylish Traveler’s Guide to a Greener Paris Getaway
Seven addresses for vintage fashion and inventive reuse, with meals shaped by the harvest and a small hotel on rue des Martyrs.
Lights, Camera, Action: An Insider’s Guide to L.A.’s Historic Hollywood Neighborhood
From swanky speakeasies to Michelin-starred restaurants, we’re covering the very best of dining, drinking and doing in Hollywood.
The Best Paris Hotels for Fashion Week, From Couture Grandeur to Marais Cool
The 13 hotels for the fashion crowd, from the grand addresses that helped shape couture to smaller, more personal places to unpack.
Spokane Is the Gateway to Walla Walla Wine Country
With historic hotels, a growing restaurant scene and plenty of Washington wine, Spokane makes an easy first stop before heading south to Walla Walla.
The New Status Symbol Is a Yacht That Reaches Antarctica
Expedition yachting has become luxury’s newest arms race, where prestige is measured in polar permits, helicopters and submarines instead of beach clubs.
Nightlife & Dining
See AllAt Restaurant St. Barts, Johnnie Crowe Celebrates Britain’s Culinary Bounty
Crowe has turned a self-imposed sourcing constraint into a tasting menu built on the breadth of what Britain can produce.
A Cannes Bakery Is Making the Case for Sourdough on the French Riviera
The modern boulangerie has built a following among chefs and residents with long-lasting loaves, old-world fermentation and a contemporary approach.
How the Beverage Aisle Became a Lifestyle Marketplace
Beverage brands are increasingly selling more than what is inside the bottle. Saint James Iced Tea’s Brenden Cohen examines how culture, social discovery and strategic distribution are changing the way consumers discover and choose what they drink.
At Les Ambassadeurs in Monaco, Christophe Cussac Serves Generosity by the Trolley
Cussac’s Monaco restaurant pairs Mediterranean precision with lavish service, from the opening bread trolley to the final pastry cart.
The Best New L.A. Restaurants Opening in September
Nancy Silverton returns to the Palisades, The Brothers Sushi lands in Beverly Hills and a new crop of brasseries, bakeries and steakhouses joins the fall dining rush.
Expert Insights
See AllWarren Buffett and the Loss of Capitalism’s Character Witness
Through decades of consistency and candor, Warren Buffett became a rare source of trust in American business. Leadership expert Nik Kinley explores why Buffett’s departure from Berkshire Hathaway represents a broader loss for business and capitalism.
What Greg Abel’s First Nine Months Reveal About Succeeding Warren Buffett
Leadership expert Michael Watkins examines how Greg Abel’s first nine months as Berkshire Hathaway CEO offer a case study in the challenges of succeeding a legendary leaderm and in knowing what to preserve, change and make your own.
The Art World’s Real Vulnerability Isn’t Theft. It’s the Move.
When valuable works of art move between museums, galleries, shippers and temporary crews, chain of custody and access control are as important as alarms and physical barriers. Acre Security’s Kumar Sokka argues that the greatest risks emerge in the gaps between people, systems and moments of responsibility.
The Fed Moved. The Borrowing Math Changed for Businesses.
Citizens’ Mark Valentino and Eric Merlis unpack the business implications of the Federal Reserve’s latest rate hike, examining what the new borrowing environment means for investment and financial planning.
Philanthropy Needs to Invest in the Infrastructure of Mobility
Point Source Youth’s Larry Cohen examines what youth homelessness reveals about the gaps between philanthropy’s investments in education and economic mobility and the conditions required for those investments to succeed.
Lifestyle
See AllWatchmakers Are Catching Up to Cartier’s Small-Case Instincts
For much of the past two decades, luxury watches seemed to move in only one direction: bigger. Cases stretched past 40 millimeters and sports watches grew increasingly imposing as brands built entire identities around watches designed to announce themselves from across the room. Now the pendulum is swinging back.
How Industry Fairs Evolved into Places to Meet Horology’s Most Famous Makers
Collector-focused watch shows are proliferating across the United States and around the world, reflecting a fundamental shift in watch culture. What began a decade ago as a novel marketing experiment now spans boutique-filled weekends in Aspen, a crowded autumn calendar in New York and an ambitious 2027 launch in Las Vegas.
In a Class Defined by Size, the Lexus LX 600 Distinguishes Itself Through Design
To find the LX 600’s competition, you have to look at the luxury SUVs that make no particular claims to ruggedness: the Lincoln Navigator, Cadillac Escalade and the very top editions of the GMC Yukon Denali. All are powerful and loaded with features and exterior upgrades, but the Lexus has just a touch more visual flair than its rivals.
How the Most Enduring Paris Fashion Houses Outlived Their Founders
From Louis Vuitton’s monogram to Schiaparelli’s Place Vendôme return, seven Parisian labels owe their longevity to successors who knew what to change.
Mary-Kate and Ashley Olsen Built The Row Into a $1 Billion Label by Keeping It Private. Their Spotify Playlists Are the Rare Window In.
As The Row makes its Paris Fashion Week debut as an FHCM member, Frédéric Sanchez and Maison Kitsuné’s Antoine Ressaussière explain why bespoke music still separates luxury’s most exclusive houses from the rest.
Interviews
See AllAlexa Kumiko Hatanaka Found a Blueprint for Survival in Ancestral Ways of Making
At the Venice Biennale and beyond, the Japanese Canadian artist turns handmade paper into sculpture that links psychological wellness, ecology and the attunement to nature modern life rejects. The solutions to humanity’s problems, according to Hatanaka, are within reach, embedded in knowledge passed down from generation to generation: “This includes traditions that connect us to our bodies, to nature and to one another.”
Tinder CTO Vinay Kuruvila Is Making the World’s Biggest Dating App A.I.-Pilled
Tinder is using A.I. at every stage of the dating journey, from choosing profile photos to deciding who users see next. Its CTO explains how Match Group’s internal A.I. spending is on track to double this year.
At 100, the High Is Considering What It Means to Be a 21st Century Museum
Director Rand Suffolk describes the museum’s role as involving both bonding and bridging: letting people see themselves in its collections while bringing Atlantans of different backgrounds together. He measures success by whether visitors leave seeing the world differently than when they arrived.
Jeff Koons On Balloon Dogs, Time and Why He Changed His Mind About Luxury
Marking his new collaboration with watchmaker Hublot, the artist describes how a small object like a watch can carry the same philosophical weight as a monumental sculpture. For Koons, the collaboration circles back to a familiar theme in his work: how objects help us understand our own place in time.
While Some Traditional Fairs Scale Back, the Other Art Fair Keeps Growing
Director Nicole Garton says the fair, which connects artists directly to buyers without dealers, saw a 40 percent increase in sales at its previous Los Angeles edition: “At the emerging end of the market, people are still really interested in collecting directly from artists, and they’re buying in greater frequency and at higher price points than they have been.”
Features
See All7 Watches That Take Yacht Life Seriously
Rolex, Omega and Panerai references build in regatta-specific functions. Garmin’s quatix 8 can control a boat’s autopilot and navigation systems. Some prioritize rugged utility; others lean into luxury, and complications vary widely across the group, reflecting how differently watchmakers define what belongs on a sailor’s wrist.
The Armory Show’s Strongest Argument for Relevance Comes From Its Youngest Galleries
Several veteran galleries skipped the fair this year, while the Present section, dedicated to galleries 12 years old or younger, expanded to 55 exhibitors and produced some of the opening day’s strongest and fastest sales.
Studio Lenca Has Built a Career on the Ambiguity of the Diasporic Experience
Born José Campos, the artist left El Salvador as a child and grew up undocumented in the U.S.—experiences that shape a practice spanning painting, sculpture and community-based projects. His new Armory Show works trace the history of the Salvadoran colón and the monetary exchanges that connect diasporic communities to the countries they’ve left behind.
The Families That Made Milan a Fashion Capital
Milan’s defining labels are changing hands. Their histories reveal what a new owner can buy, and what has to be learned.
Precious Okoyomon Reflects On Play and the Garden as a Revolution of Tenderness
The celebrated Nigerian-American artist and poet whose work can be found in institutions like the Museum für Moderne Kunst, LUMA Arles and the Rubell Museum sees ecological and colonial histories as inseparable. Their MoMA PS1 courtyard commission, “Among The Flowers I Learned to Love: A Garden of Decreation,” is encoded with childhood memories of safety and care, yet holds space for environmental and childhood fracture.
Power Lists
See AllObserver’s 2026 A.I. Power Index: Who Controls the Capital Flow in A.I
Power in artificial intelligence no longer moves through the channels everyone learned to watch.
Observer New Media Power List: Call for Submissions
Nominations are open for Observer’s 2026 New Media Power List
The 50 Most Powerful PR Firms of 2026
This year’s honorees are emblematic of a notable shift in public relations from responsive publicity to proactive leadership in the moments that matter most.
Wall-to-Wall Cultural Capital: Inside Observer’s Art Power Index Party
Under the dim lights of the Lower East Side’s Maison Nur, art world luminaries gathered to celebrate Observer’s Art Power Index—and each other. From the impassioned speeches to the sharp tailoring and Damien Hirst over the bar, the evening embodied our legacy of chronicling power with style.
2025 Nightlife & Dining Power Index
Humanity is still the most vital ingredient in hospitality, and that isn’t changing anytime soon.
Latest
All LatestA.I. Needs Power, Land and Data Centers. Bruce Flatt’s $1 Trillion Brookfield Already Owns Much of It.
Long before ChatGPT, Brookfield spent decades buying power plants, utilities and what one executive calls “boring businesses.” Now Bruce Flatt says it took 25 years for the firm to be in the right spot.
Apple CEO John Ternus Wants a Faster, Bolder $5 Trillion Empire
Apple’s new CEO is moving to release more products, more often, with fewer layers between engineers and executives. Whether that makes Apple an innovator again, rather than a company extending the iPhone, will define his tenure.
Contemporary Istanbul’s Uneven Roster Saw Foreign Galleries Making the Strongest Case for Turkish Art
The taste ecosystem at this year’s edition was vast. Several international galleries presented work on par with what one might find at art fairs beyond the Bosphorus, but many local galleries showcased pieces that skewed extremely kitsch.
Prada Heir Lorenzo Bertelli Has a Versace Problem
Versace may be bigger as a brand than as a business, and Lorenzo Bertelli now has to close that gap.
Observer’s 2026 October Art Fair Calendar (Updated)
Our roundup of October’s art fairs will help you put together the perfect itinerary.
At Independent 20th Century, the Biggest Draw Is the Rediscoveries
The first edition of the fair at the iconic Breuer Building, now Sotheby’s headquarters, feels thoughtfully and purposefully curated despite the number of exhibitors increasing 50 percent to a total of 54. The result is a focused and reasonably paced unfolding of narratives across four floors that invites new readings of the art of the 20th Century and the society it reflected.
Bark Air President on Fixing the Very Expensive Problem of Flying With Dogs
With fares reaching five figures, Bark Air is testing how far the “fur baby” economy can stretch when commercial airlines make pet travel harder. Bark Air president Michael Novotny explains how the luxury pet airline works and what makes the business difficult.
Rodrigo Sorogoyen’s ‘The Beloved’ Stages a Father-Daughter Reckoning That Doesn’t Quite Cohere
The Cannes competition title and TIFF Special Presentation raises, then quickly drops, intriguing questions about the connection between its director protagonist’s colonial-era period piece and personal reckoning with fatherhood.
Tim Kent’s New Show Is About Rest But He Can’t Stop Working
The painter, who has works in public and private collections including the Museum of Contemporary Art, Beijing; Laura Lee Brown and Steve Wilson’s 21c Museum in Louisville; and the Rockwell Museum in Corning, New York, spent six years playing bass in a New York rock band, an experience he credits with teaching him discipline. He remains skeptical of his own artistic success, describing a career built more on persistence than any singular breakthrough moment.
Artist and Dealer Jaqueline Cedar’s SPLIT LEVEL Fair Bets on a More Intimate Art Market Model
Now in its second edition, SPLIT LEVEL trades New York’s crowded art-week calendar for a slower, salon-style format hosted inside Rimadesio’s NoMad showroom. The fair’s model was inspired by Cedar’s own gallery, Good Naked, which similarly emerged from a need to find sustainable, nontraditional ways to support cultural production.
Jimmy Pitaro Built ESPN’s Streaming Future. But How Many Fans Are Paying for It?
Jimmy Pitaro is turning ESPN Unlimited into an NFL streaming hub with NFL Network, fantasy football and a Super Bowl, even without every game.
How to Prepare for the 2026 Armory Show: A Reading List
With Caribbean art anchoring two of this year’s curated sections, background reading on colonialism, Surrealism, art history and regional identity will sharpen how you read the work on view.