Connect with us

Business

What leading a global architecture firm has taught me about AI’s power to transform business

Published

on



Every great space begins with a story — a community’s hopes, a culture’s values, a future imagined together. Whether it’s an arena, a hotel, or a city center, design at its best captures something deeper than form or function. It evokes emotion. It sets the scene for the stories we live every day.

Today, artificial intelligence (AI) isn’t just changing how we design; it’s transforming how we craft experiences through design. We see AI not as a substitute but as a creative partner — one that helps us illuminate the emotional core of a space long before it’s built. It allows us to imagine and communicate the human experience of design in ways that are more vivid and resonant than ever before.

At Gensler, our studios, designers, strategists, and storytellers — from Shanghai to San Francisco, London to Los Angeles — are embracing AI with curiosity and purpose. This isn’t about replacing intuition; it’s about expanding it. Teams are tapping into AI not just to move faster, but to go deeper — delivering the very best creative thinking, immersive storytelling, and future-forward design.

Ultimately, great design is remembered for how it makes people feel. A hospital that delivers calm and clarity. A school that sparks curiosity. A workplace that empowers people to do their best work. These aren’t static environments. They’re stories unfolding in real time, shaped by the people who move through them.

Prototyping human experience with AI

Imagine someone experiencing a medical emergency. They arrive at the hospital disoriented, but from the moment they enter, the space does its part — guiding them clearly and calmly toward care. With AI, we can design for that experience from the ground up, testing how layout, light, and flow support not just access, but comfort, speed, and dignity. These moments, once only imagined, can now be felt and refined in advance.

In an airport, we can project the journey of a traveler arriving late, stressed, and overwhelmed — and shape the space around them to offer clarity and relief. With AI, we can study how spatial elements shape experience: how natural light floods a concourse to reduce anxiety, how ceiling height and sightlines influence a sense of openness, how seating, flow, and acoustics create either chaos or calm. It’s not just about moving people efficiently; it’s about how the architecture itself supports their physical and emotional transition. In this way, we’re enhancing the entire journey — transforming the airport from a point of passage into a place of welcome.

In the workplace, we can simulate the subtle choreography of human interaction. A spontaneous hallway conversation that leads to a breakthrough. A team ideating in a shared space with the right light, acoustics, and flexibility. Even what a new employee might feel on their very first day — welcomed, oriented, and inspired, or lost in a maze of unfamiliar faces and spaces. AI helps us visualize how these moments unfold, allowing us to design not just for productivity, but for possibility, belonging, and connection.

These aren’t abstract concepts. We’re already using AI tools — generative video, scenario modeling, real-time rendering — to explore these narrative layers. We’re creating immersive previews that allow us to test how people might feel in a space, how atmosphere changes throughout the day, how design can uplift or unintentionally inhibit. AI lets us storyboard design as a lived, emotive experience. And our clients are feeling the difference. With these tools, we’re seeing dramatically faster design iterations and richer co-creation that allow clients to connect more deeply with the emotional and strategic intent of their projects — long before a plan is formalized. This early alignment builds not just consensus, but conviction — a shared vision that fuels purpose and accelerates decision-making. What once took weeks of iteration, we now explore in days, compressing the time from concept to clarity. The Next Chapter of Design

This is the new frontier of storytelling in design. Yet even as the tools evolve, the role of the designer stays constant. Our job is still to listen, interpret, imagine, and inspire. AI technology simply gives us more ways to do that — with greater empathy, creativity, and precision.

But it also requires responsibility. We’re not just using AI — we’re shaping it to reflect the integrity of our craft. Rather than pushing a button, we’re building advanced, customizable workflows that honor the design process and the human stories at its core. From inclusive character generation to nuanced spatial simulation, our tools are guided by ethical, human-centered guardrails. Partnering with the most enterprise-ready platforms, we’re proactively designing a responsible AI-ecosystem – one that evolves with intention and care as the technology advances.

AI isn’t here to replace creativity. It’s here to amplify it — revealing emotional patterns we might otherwise miss and helping us move from inspiration to iteration with greater speed and substance.

In the end, AI can’t feel — but it can help us design for feelings. It can help us listen more closely, create more intuitively, and design with a sharper sense of humanity. Because spaces don’t just house stories; they become them. They hold our aspirations, our identities, and the quiet moments in between. With the power of AI, we’re opening new channels to connect hearts and minds, creating experiences that resonate more deeply and endure far longer.

The question isn’t what we can design. It’s what we choose to design — and why. Because the future of design isn’t about machines. It’s about meaning. It’s about memory. And it begins with a story.

Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.



Source link

Continue Reading

Business

SpaceX to offer insider shares at record-setting $800 billion valuation

Published

on



SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk’s rocket and satellite maker at as much as $800 billion, people familiar with the matter said, reclaiming the title of the world’s most valuable private company. 

The details, discussed by SpaceX’s board of directors on Thursday at its Starbase hub in Texas, could change based on interest from insider sellers and buyers or other factors, said some of the people, who asked not to be identified as the information isn’t public. SpaceX is also exploring a possible initial public offering as soon as late next year, one of the people said. 

Another person briefed on the matter said that the price under discussion for the sale of some employees and investors’ shares is higher than $400 apiece, which would value SpaceX at between $750 billion and $800 billion. The company wouldn’t raise any funds though this planned sale, though a successful offering at such levels would catapult it past the record of $500 billion valuation achieved by OpenAI in October.

Elon Musk on Saturday denied that SpaceX is raising money at a $800 billion valuation without addressing Bloomberg’s reporting on the planned offering of insiders’ shares. 

“SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors,” Musk said in a post on his social media platform X. 

The share sale price under discussion would be a substantial increase from the $212 a share set in July, when the company raised money and sold shares at a valuation of $400 billion. The Wall Street Journal and Financial Times earlier reported the $800 billion valuation target.

News of SpaceX’s valuation sent shares of EchoStar Corp., a satellite TV and wireless company, up as much as 18%. Last month, EchoStar had agreed to sell spectrum licenses to SpaceX for $2.6 billion, adding to an earlier agreement to sell about $17 billion in wireless spectrum to Musk’s company.

Subscribe Now: The Business of Space newsletter covers NASA, key industry events and trends.

The world’s most prolific rocket launcher, SpaceX dominates the space industry with its Falcon 9 rocket that lifts satellites and people to orbit.

SpaceX is also the industry leader in providing internet services from low-Earth orbit through Starlink, a system of more than 9,000 satellites that is far ahead of competitors including Amazon.com Inc.’s Amazon Leo.

Elite Group

SpaceX is among an elite group of companies that have the ability to raise funds at $100 billion-plus valuations while delaying or denying they have any plan to go public. 

An IPO of the company at an $800 billion value would vault SpaceX into another rarefied group — the 20 largest public companies, a few notches below Musk’s Tesla Inc. 

If SpaceX sold 5% of the company at that valuation, it would have to sell $40 billion of stock — making it the biggest IPO of all time, well above Saudi Aramco’s $29 billion listing in 2019. The firm sold just 1.5% of the company in that offering, a much smaller slice than the majority of publicly traded firms make available.

A listing would also subject SpaceX to the volatility of being a public company, versus private firms whose valuations are closely guarded secrets. Space and defense company IPOs have had a mixed reception in 2025. Karman Holdings Inc.’s stock has nearly tripled since its debut, while Firefly Aerospace Inc. and Voyager Technologies Inc. have plunged by double-digit percentages since their debuts.

SpaceX executives have repeatedly floated the idea of spinning off SpaceX’s Starlink business into a separate, publicly traded company — a concept President Gwynne Shotwell first suggested in 2020. 

However, Musk cast doubt on the prospect publicly over the years and Chief Financial Officer Bret Johnsen said in 2024 that a Starlink IPO would be something that would take place more likely “in the years to come.”

The Information, citing people familiar with the discussions, separately reported on Friday that SpaceX has told investors and financial institution representatives that it’s aiming for an IPO of the entire company in the second half of next year.

Read More: How to Buy SpaceX: A Guide for the Eager, Pre-IPO

A so-called tender or secondary offering, through which employees and some early shareholders can sell shares, provides investors in closely held companies such as SpaceX a way to generate liquidity.

SpaceX is working to develop its new Starship vehicle, advertised as the most powerful rocket ever developed to loft huge numbers of Starlink satellites as well as carry cargo and people to moon and, eventually, Mars.



Source link

Continue Reading

Business

National Park Service drops free admission on MLK Day and Juneteenth while adding Trump’s birthday

Published

on



The National Park Service will offer free admission to U.S. residents on President Donald Trump’s birthday next year — which also happens to be Flag Day — but is eliminating the benefit for Martin Luther King Jr. Day and Juneteenth.

The new list of free admission days for Americans is the latest example of the Trump administration downplaying America’s civil rights history while also promoting the president’s image, name and legacy.

Last year, the list of free days included Martin Luther King Jr Day and Juneteenth — which is June 19 — but not June 14, Trump’s birthday.

The new free-admission policy takes effect Jan. 1 and was one of several changes announced by the Park Service late last month, including higher admission fees for international visitors.

The other days of free park admission in 2026 are Presidents Day, Memorial Day, Independence Day, Constitution Day, Veterans Day, President Theodore Roosevelt’s birthday (Oct. 27) and the anniversary of the creation of the Park Service (Aug. 25).

Eliminating Martin Luther King Jr. Day and Juneteenth, which commemorates the day in 1865 when the last enslaved Americans were emancipated, removes two of the nation’s most prominent civil rights holidays.

Some civil rights leaders voiced opposition to the change after news about it began spreading over the weekend.

“The raw & rank racism here stinks to high heaven,” Harvard Kennedy School professor Cornell William Brooks, a former president of the NAACP, wrote on social media about the new policy.

Kristen Brengel, a spokesperson for the National Parks Conservation Association, said that while presidential administrations have tweaked the free days in the past, the elimination of Martin Luther King Jr. Day is particularly concerning. For one, the day has become a popular day of service for community groups that use the free day to perform volunteer projects at parks.

That will now be much more expensive, said Brengel, whose organization is a nonprofit that advocates for the park system.

“Not only does it recognize an American hero, it’s also a day when people go into parks to clean them up,” Brengel said. “Martin Luther King Jr. deserves a day of recognition … For some reason, Black history has repeatedly been targeted by this administration, and it shouldn’t be.”

Some Democratic lawmakers also weighed in to object to the new policy.

“The President didn’t just add his own birthday to the list, he removed both of these holidays that mark Black Americans’ struggle for civil rights and freedom,” said Democratic Sen. Catherine Cortez Masto of Nevada. “Our country deserves better.”

A spokesperson for the National Park Service did not immediately respond to questions on Saturday seeking information about the reasons behind the changes.

Since taking office, Trump has sought to eliminate programs seen as promoting diversity across the federal government, actions that have erased or downplayed America’s history of racism as well as the civil rights victories of Black Americans.

Self-promotion is an old habit of the president’s and one he has continued in his second term. He unsuccessfully put himself forwardfor the Nobel Peace Prize, renamed the U.S. Institute of Peace after himself, sought to put his name on the planned NFL stadium in the nation’s capital and had a new children’s savings program named after him.

Some Republican lawmakers have suggested putting his visage on Mount Rushmore and the $100 bill.



Source link

Continue Reading

Business

JPMorgan CEO Jamie Dimon says Europe has a ‘real problem’

Published

on



JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called out slow bureaucracy in Europe in a warning that a “weak” continent poses a major economic risk to the US.

“Europe has a real problem,” Dimon said Saturday at the Reagan National Defense Forum. “They do some wonderful things on their safety nets. But they’ve driven business out, they’ve driven investment out, they’ve driven innovation out. It’s kind of coming back.”

While he praised some European leaders who he said were aware of the issues, he cautioned politics is “really hard.” 

Dimon, leader of the biggest US bank, has long said that the risk of a fragmented Europe is among the major challenges facing the world. In his letter to shareholders released earlier this year, he said that Europe has “some serious issues to fix.”

On Saturday, he praised the creation of the euro and Europe’s push for peace. But he warned that a reduction in military efforts and challenges trying to reach agreement within the European Union are threatening the continent.

“If they fragment, then you can say that America first will not be around anymore,” Dimon said. “It will hurt us more than anybody else because they are a major ally in every single way, including common values, which are really important.”

He said the US should help.

“We need a long-term strategy to help them become strong,” Dimon said. “A weak Europe is bad for us.”

The administration of President Donald Trump issued a new national security strategy that directed US interests toward the Western Hemisphere and protection of the homeland while dismissing Europe as a continent headed toward “civilizational erasure.”

Read More: Trump’s National Security Strategy Veers Inward in Telling Shift

JPMorgan has been ramping up its push to spur more investments in the national defense sector. In October, the bank announced that it would funnel $1.5 trillion into industries that bolster US economic security and resiliency over the next 10 years — as much as $500 billion more than what it would’ve provided anyway. 

Dimon said in the statement that it’s “painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing.”

Investment banker Jay Horine oversees the effort, which Dimon called “100% commercial.” It will focus on four areas: supply chain and advanced manufacturing; defense and aerospace; energy independence and resilience; and frontier and strategic technologies. 

The bank will also invest as much as $10 billion of its own capital to help certain companies expand, innovate or accelerate strategic manufacturing.

Separately on Saturday, Dimon praised Trump for finding ways to roll back bureaucracy in the government.

“There is no question that this administration is trying to bring an axe to some of the bureaucracy that held back America,” Dimon said. “That is a good thing and we can do it and still keep the world safe, for safe food and safe banks and all the stuff like that.”



Source link

Continue Reading

Trending

Copyright © Miami Select.