Forbes Daily Briefing

In case you haven’t heard, Vivek Ramaswamy wants Ohio to stop taxing capital gains. The Republican candidate for governor has made the proposal his opening salvo in a larger tax-cutting agenda: eliminate Ohio taxes on capital gains beginning next year, then phase out the state income tax altogether over the next decade. “If we do it,” he said last year, “founders will flock to Ohio in droves.”

Ramaswamy would know: His own move from New York to the state of Ohio in late 2019 came just before one of the largest windfalls of his career, likely saving him millions of dollars in state and municipal taxes, according to CPAs, tax lawyers and tax professionals who reviewed publicly available information about the matter.

Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2026/10/02/how-vivek-ramaswamys-well-timed-ohio-move-likely-saved-him-12-million-in-taxes/
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California voters are set to determine the fate of California’s proposed billionaire wealth tax in November. But some of the state’s wealthiest people aren’t taking any chances and have already moved out of state, starting with its two wealthiest people, Google cofounders Larry Page and Sergey Brin. According to their representatives, Page (estimated fortune: $288 billion) and Brin ($265 billion) are now residents of Florida and Nevada, respectively. Though Forbes was unable to find updated voter registrations or declarations of domicile documenting their moves and their spokespeople declined to provide any proof, Brin and Page both recently bought houses out of state as they made their frustration with the tax known.

Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2026/10/14/how-californias-billionaire-exodus-is-changing-whos-richest-in-other-states/

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The AI boom runs on Nvidia chips, staggering amounts of electricity and water—and a lot of glass. Corning makes more of it than anyone else.

More precisely, the 175-year-old glass company makes the hair-thin optical fiber that hauls data between servers, buildings and data centers. Demand has become so intense that Corning has recently signed multibillion-dollar agreements with Amazon, Nvidia, Meta and Verizon. This week, AT&T announced a $3 billion deal with Corning to upgrade its home internet service. And Apple has committed another $2.5 billion for Corning’s Gorilla Glass, the tough, hard-to-scratch stuff used in iPhones and Apple Watches.

For one of the nation’s OG technology companies, founded in 1851 and responsible for everything from the glass in Thomas Edison’s light bulbs to the cookware known as Pyrex, AI infrastructure is a lively third act.

Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2026/10/01/inside-cornings-mission-to-become-bubble-proof/
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Ayear ago, as AI was supposedly coding software engineers out of a job, it still couldn’t reliably book dinner. And some of the biggest tech companies around were struggling to build an assistant that could use your apps without creating more work for you.

When Apple delayed the Siri upgrade that would have allowed it to take action within apps, software chef, Craig Federighi, offered a blunt explanation: “This just doesn’t work reliably enough to be an Apple product.”

Amazon’s upgraded Alexa+ did manage a dinner reservation when a reporter from The Verge tested it in July 2025. The request was for Friday. The agent booked Thursday.

Now, a new crop of assistants is finally getting those chores right—often enough that the appeal of handing off an errand isn’t tainted by the idea of taking on a second job babysitting AI. We’ve catalogued some of the most interesting in Forbes’ inaugural Agentic 20 list.

Read the full story on Forbes: https://www.forbes.com/sites/annatong/2026/10/08/ai-personal-assistants-are-finally-having-their-moment/
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Michael Dell’s net worth briefly leaped by more than $10 billion in the hours after markets opened on Tuesday, placing him just behind Google co-founder Larry Page as the fourth-wealthiest person in the world after the S&P 500 hit a fresh record amid a larger stock surge.

Read the full story on Forbes: https://www.forbes.com/sites/zacharyfolk/2026/10/06/michael-dells-net-worth-soars-after-stock-market-gains-closing-the-gap-with-googles-larry-page/
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