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U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

1

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

2

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

3

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

Tech

Tech

Startups & Venture

kopp

Exclusive: Accounting AI startup Rillet reaches unicorn status with $1 billion valuation. Its founder says he wants to give CFOs back their weekends

“Our message is not that we’re coming after jobs,” Rillet CEO Nicolas Kopp told Fortune. “That’s just not correct.”

By Nick LichtenbergAugust 18, 2026

Anthropic CEO Dario Amodei.

David Sacks says Anthropic’s Dario Amodei wants a ‘DMV for AI.’ But plenty of industries thrive despite safety regulation

By Jeremy KahnAugust 18, 2026

Photo of Sergey Brin at Met Gala

Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax

By Mia OsmonbekovAugust 18, 2026

Photo of Reed Hastings

Reed Hastings says he learned why companies aren’t families after laying off one-third of Netflix: ‘You would never lay off two of your kids’

By Preston ForeAugust 18, 2026

Photo of Sam Altman

OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack

By Emily ForliniAugust 18, 2026

Jensen Huang, chief executive officer of Nvidia Corp., attends a media briefing following the company's "Japan AI Ecosystem" reception in Tokyo.

OpenAI data center deal with Nvidia comes in $145 billion lower than reported—signaling concerns of artificial demand for chips

By Joshua HongAugust 18, 2026

More in Big Tech

Dropbox co-CEO Ashraf Alkarmi

Dropbox co-CEO has just shared the simple rule he follows for when to turn down a meeting

Dropbox co-CEO Ashraf Alkarmi writes down five goals each quarter—if ‘I get meetings that are not related to these things, I don’t go,” he says.

By Emma BurleighAugust 18, 2026

Alibaba’s $2 billion gaming exit signals where Beijing wants its money

The e-commerce giant sells its gaming studio and pours $53 billion into AI as the US-China tech rivalry heats up

By Mia OsmonbekovAugust 18, 2026

Meta heads to child safety trial facing financial damages as large as $1.4 trillion

Four states want penalties that approach Meta’s market value, but the lasting threat is a court-ordered overhaul of Facebook and Instagram for young users.

By Barbara Ortutay and The Associated PressAugust 17, 2026

Andreessen Horowitz focus of DOJ probe over board directors

Andreessen Horowitz has closely aligned itself with the second Trump administration.

By Josh Sisco, Natasha Mascarenhas and BloombergAugust 17, 2026

More in Big Tech

Startups & Venture

More in Startups & Venture

Man speaks into a microphobe

AI gets its own “boiler room” scandal

The SEC accuses a Long Island firm of running a $74 million boiler room that sold retirees marked-up shares in Anduril, Anthropic, Perplexity, and SpaceX.

By Allie GarfinkleAugust 18, 2026

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he’s a billionaire who says the American Dream isn’t dead

Billionaire Palmer Luckey sold Oculus to Facebook for $2 billion by 21 years old—and says that kind of break “isn’t happening in China.”

By Orianna Rosa RoyleAugust 18, 2026

Unitree vs. Shein: How August’s big China IPOs show how AI hype is leaving e-commerce giants behind

Unitree may be smaller and younger compared to Shein. But in the eyes of investors, the robot maker is the more exciting bet.

By Nicholas GordonAugust 17, 2026

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

James Dacombe, the 25-year-old behind AI chipmaker Olix and brain monitoring startup CoMind, says being young and “naive” was a career advantage.

By Emma BurleighAugust 17, 2026

More in Startups & Venture

Meet OpenAI’s ChatGPT for Teens, which doesn’t talk about sex or suicide and gives you homework help instead

OpenAI doesn’t verify users’ ages, but it already uses age assurance to estimate if someone is under 18 based on factors such as their types of queries.

By Barbara Ortutay and The Associated PressAugust 18, 2026

The finance skills that are becoming more and more critical in the AI age

Finance leads Heidrick & Struggles’ list of the 15 most in-demand skills amid the rapid rise of AI.

By Sheryl EstradaAugust 18, 2026

AWS’s Asia chief is relocating to Japan as the country scrambles to modernize its legacy IT systems

Last year, Japan began a push to reboot its innovation engine with a plan to channel $2.3 trillion in investments to 17 strategic sectors by 2040.

By Angelica AngAugust 18, 2026

The most important AI habit I have is making one phone call a day

As AI gets better at recording, summarizing, and analyzing every conversation, I’ve started protecting the one skill I never want to outsource: listening.

By Maria ColacurcioAugust 18, 2026

More in Innovation

Wispr talks its way to a $2 billion valuation. The company says dictation’s only the beginning

Wispr talks its way to a $2 billion valuation. The company says dictation’s only the beginning

Wispr has raised $280 million in its Menlo Ventures-led Series B, as it looks beyond dictation.

By Allie GarfinkleAugust 17, 2026

Billionaire founder agrees with Elon Musk, Sam Altman, and Jeff Bezos: We will live and work in space—and could be commuting to the moon by 2030

“We’ll have a moon base, people living and working on the moon,” says billionaire Voyager Technologies founder Dylan Taylor.

By Orianna Rosa RoyleAugust 17, 2026

Nobel laureate Daron Acemoglu says AI and liberal democracy share the same crisis: ‘there is a tendency to escalate everything’

“It’s become sort of radical to hold two apparently conflicting ideas in your head at the same time,” the MIT economist told Fortune.

By Nick LichtenbergAugust 15, 2026

Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares

Nvidia also had stakes in Coherent Corp., Generate Biomedicines Inc., Nebius Group NV, Nokia Corp. and Synopsys Inc. as of June 30.

By Lynn Doan and BloombergAugust 15, 2026

More in Innovation

More in Cybersecurity

Data center gas plants to boost U.S. power emissions by 20%

Data center gas plants to boost U.S. power emissions by 20%

Ninety-nine proposed gas plants to power AI data centers could lift emissions by up to a third, with Amazon and Microsoft among the developers

By Matt Day, Mark Chediak and BloombergAugust 18, 2026

Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI

A KPMG audit appears to establish the legitimacy of Tether’s reserves. Meanwhile, the company’s ambitions are scaling far beyond crypto.

By Jeff John RobertsAugust 17, 2026

The ‘manosphere’ is actually a multibillion-dollar industry that sells courses and supplements to insecure Gen Z men, report finds

“In the very real moment of confusion…there is an industry of platforms, influencers and advertisers who are making billions off of young men’s insecurities.”

By Sasha RogelbergAugust 15, 2026

Jimmy Wales: ‘AI can generate answers. It still can’t earn trust’

The leadership lesson of Wikipedia.

By Ioanna ThomaAugust 16, 2026

More in Cybersecurity

Latest stories from Fortune

The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage

By John A. QuelchAugust 18, 2026

Guide to mortgage preapproval

Personal Finance

Guide to mortgage preapproval

By Joseph HostetlerAugust 18, 2026

The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym

The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym

By Christina SnyderAugust 18, 2026

A sign on a bus stop displays the national debt on June 12, 2026, in Washington, D.C.

Personal Finance

With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

By Joshua HongAugust 18, 2026

The Best Labor Day Fitness Sales of 2026: Save on Treadmills, Rowers, and More

The Best Labor Day Fitness Sales of 2026: Save on Treadmills, Rowers, and More

By Christina SnyderAugust 18, 2026

Land O’Lakes wants in on the protein boom—and it could be a lifeline for dairy farmers

Land O’Lakes wants in on the protein boom—and it could be a lifeline for dairy farmers

By Emma HinchliffeAugust 18, 2026

Dave Sunday gestures while speaking to the audience in the Forum Auditorium across the street from the Capitol after taking the oath of office to become Pennsylvania's next attorney general.

2 Penn State frats were main suppliers in ‘upper level trafficking’ cocaine ring, authorities say

By The Associated Press and Josh KeletyAugust 18, 2026

Home Depot rides America’s housing affordability problem to sales increase on home DIY projects

Home Depot rides America’s housing affordability problem to sales increase on home DIY projects

By The Associated Press and Michelle ChapmanAugust 18, 2026

More Tech

Mark Zuckerberg wears a blue suit, white shirt, and red tie

Meta braces for federal child privacy trial in California

By Lily Mae LazarusAugust 18, 2026

AI
‘It will inherit your thoughts’: Musk tells SpaceX employees they’ll be Grok’s ‘parents’ as AI trains on company data
By Joshua HongAugust 14, 2026

Cava CFO on growth, AI and why price hikes aren’t on the agenda

Cava CFO on growth, AI and why price hikes aren’t on the agenda

By Sheryl EstradaAugust 17, 2026

Donald Trump and Chinese President Xi Jinping walk side by side

The U.S. government wants allies to pick a side in the AI race

By Lily Mae LazarusAugust 17, 2026

Stripe clinches over $7 billion deal to buy AI firm OpenRouter

Stripe clinches over $7 billion deal to buy AI firm OpenRouter

By Yazhou Sun, Natasha Mascarenhas, Paige Smith and BloombergAugust 16, 2026

Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’

Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’

By Jason MaAugust 16, 2026

Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker

Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker

By Alex Veiga and The Associated PressAugust 16, 2026

Arts & Entertainment
‘Call Her Daddy’ host Alex Cooper’s Unwell beverage business is shutting down
By Ashley Carman and BloombergAugust 14, 2026

Gen Z is eyeing up ‘secure’ healthcare jobs to AI-proof their careers, but be warned: Chiropractors, doctors and paramedics are the unhappiest workers

Gen Z is eyeing up ‘secure’ healthcare jobs to AI-proof their careers, but be warned: Chiropractors, doctors and paramedics are the unhappiest workers

By Orianna Rosa RoyleAugust 16, 2026

Photo of Geoffrey Hinton

‘Godfather of AI’ says billionaires like Elon Musk are right about the future of work—but he predicts mass unemployment is on its way

By Preston ForeAugust 16, 2026

ActivTrak CEO: What 120,620 workers reveal about AI maturity

By Heidi FarrisAugust 16, 2026

Fortune Archives: The end of an era at Google DeepMind

Fortune Archives: The end of an era at Google DeepMind

By Indrani SenAugust 16, 2026

Exec at $27 billion tech giant HP hits back at Gen Z lazy label, saying they’re great at listening and building relationships

By Emma BurleighAugust 16, 2026

Health
Phone data: Mother on trial for killing her kids searched about psychosis, hallucinations, suicide weeks before stranglings
By Michael Casey and The Associated PressAugust 14, 2026

Photo of Kimi chatbot

Talking to a bot might feel good in the moment, but a growing body of research suggests it won’t cure loneliness

By Mia OsmonbekovAugust 16, 2026

There isn’t just one AI bubble, strategist says — there’s a ‘rolling sequence of bubbles’ instead

By Nick LichtenbergAugust 16, 2026

Microsoft exec on Southern Europe’s big AI moment: skills — not technology — will determine who leads the region’s AI future

By Tasos ZachosAugust 16, 2026

Harvard fund discloses $2.2 billion stake in Musk’s SpaceX

Harvard fund discloses $2.2 billion stake in Musk’s SpaceX

By Janet Lorin and BloombergAugust 15, 2026

Alibaba AI models hit 3 billion downloads, passing Meta, Google

Alibaba AI models hit 3 billion downloads, passing Meta, Google

By Saritha Rai and BloombergAugust 15, 2026

Berkshire pads Delta, Alphabet stakes as Abel taps cash pile

Berkshire pads Delta, Alphabet stakes as Abel taps cash pile

By Alexandre Rajbhandari and BloombergAugust 15, 2026

Jane Street lost $15 billion in its first down month in a decade

Jane Street lost $15 billion in its first down month in a decade

By Katherine Doherty, Sridhar Natarajan, Laura Benitez and BloombergAugust 15, 2026

Anthropic revenue surges to over $11.5 billion in second quarter

Anthropic revenue surges to over $11.5 billion in second quarter

By Bailey Lipschultz, Rachel Metz and BloombergAugust 15, 2026

Nasdaq IPO for SpaceX

Boiler room raised $74 million selling retirees SpaceX, Anduril, Anthropic, and Perplexity while reaping ‘massive hidden fees,’ SEC claims

By Amanda GerutAugust 15, 2026

Photo of Phoebe Gates

Startups & Venture

‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’

By Sydney LakeAugust 15, 2026

AI is creating a new wave of philanthropists. The system they’re walking into is broken

By Nick Allardice and David GoldbergAugust 15, 2026

hospitals

Before employers shift more healthcare costs to workers, they should ask hospitals a question

By Eugene LitvakAugust 15, 2026

MareNostrum Ona quantum computer inside the Barcelona Supercomputing Center facilities, in Plaza Eusebi Guell, on 28 May, 2026 in Barcelona, Catalonia, Spain.

‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market

By Joshua HongAugust 15, 2026

AI isn’t changing how companies work. It’s changing what a company is

By Stephen MesserAugust 15, 2026

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event.

People are going to extreme lengths to stop themselves from being filmed through Meta’s ‘pervert glasses’

By Joshua HongAugust 14, 2026

AT&T’s CMO tied ‘brand love’ to the numbers CEOs care about. Customers are 3 times less likely to leave and much cheaper to acquire

By Ruth UmohAugust 14, 2026

Tesla CEO Elon Musk

Elon Musk’s $158 billion Tesla pay was 2.5 million times his workers’ salary last year—it’s ‘unlike anything we have seen before,’ exec pay watch says

By Emma BurleighAugust 14, 2026

Garrett Langley, founder and chief executive officer of Flock Safety, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings.

Flock Safety says it will totally be better about (not) giving your license plate to law enforcement

By Sarah Rankin, Claudia Lauer and The Associated PressAugust 14, 2026

NBA Commissioner Adam Silver and Joshua Kushner attend day ten of the 2025 US Open Tennis Championships.

41-year-old Josh Kushner’s World Cup privatization scheme fell apart. Then he became the Lakers co-owner days later

By Greg Beacham and The Associated PressAugust 14, 2026

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Most Popular

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

placeholder alt text

By Sasha RogelbergAugust 17, 2026

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

placeholder alt text

By Orianna Rosa RoyleAugust 18, 2026

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

placeholder alt text

By Emma BurleighAugust 17, 2026

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