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

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Current price of oil as of August 18, 2026
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KFC
How KFC and Taco Bell’s top technologist is embracing AI and automation across 63,000 restaurants

The top technologist at Yum Brands, Jim Dausch, is embracing AI and automation across 63,000 restaurants.

By John KellAugust 19, 2026
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring
By Catherina GioinoAugust 19, 2026
Microsoft CEO Satya Nadella smiling on stage
Microsoft CEO Satya Nadella says he doesn’t see empathy as a soft skill: ‘It’s the hardest skill we learn’
By Orianna Rosa RoyleAugust 19, 2026
Jeff Dean
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’
By Preston ForeAugust 19, 2026
Larry Page and Sergey Brin smile in front of old Google servers.
Google’s founders didn’t market test Alphabet’s name before launching the now $1.9 trillion juggernaut. Here’s the advice Steve Jobs gave Larry Page
By Sasha RogelbergAugust 19, 2026
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities
By Josh Funk and The Associated PressAugust 19, 2026
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Big Tech
More in Big Tech
a woman rides an ALSO autonomous bike
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation

The Rivian spinoff just raised $150 million to build autonomous vehicles for moving people and packages—not just pedalers.

By Lily Mae LazarusAugust 19, 2026
Home Depot’s $730 million tariff refund was largely offset by rising costs

Home Depot, Amazon, and Walmart are taking very different approaches to the tariff refunds flowing back to retailers.

By Sheryl EstradaAugust 19, 2026
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
Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing

Peltz spent two decades helping shape Wendy’s into the burger conglomerate it is today. Now he’s considering buying the rest of the struggling chain.

By Tatiana SatauaAugust 19, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
OpenAI CEO Sam Altman with Replit CEO Amjad Masad
Exclusive: Replit taps OpenAI’s low-cost Luna model for new ‘Free Mode’

An 80% reduction in the cost of tokens for OpenAI’s Luna allowed Replit to roll out the new service, which despite its ‘free’ name, still requires a monthly subscription.

By Emily ForliniAugust 19, 2026
Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors

The Hangzhou-based startup, founded in 2016, has quickly become something akin to a national champion in China’s robotics sector.

By Nicholas GordonAugust 19, 2026
Inside the $8 billion cybersecurity acquisition that rescued ServiceNow from the ‘Saaspocalypse’

The deal for Yevgeny Dibrov’s Armis was Israel’s second-largest tech startup exit ever.

By Lily Mae LazarusAugust 19, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy

Thrive Capital founder Joshua Kushner’s $12.5 billion deal with former Disney CEO Bob Iger to buy the Los Angeles Lakers vaults him into an elite club.

By Jason MaAugust 19, 2026
More in Startups & Venture
AI
More in AI
Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips
Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips

Nevada capped Tesla’s fleet at a fraction of its request and kept it away from Harry Reid airport.

By Catherina GioinoAugust 19, 2026
Princeton’s ‘AI Snake Oil’ author says the real fear isn’t thinking machines—it’s that AI exposes who already knows how to think

Princeton’s Arvind Narayanan says his students are “in a bind.” How much should they use AI versus resist it to build up their own skills?

By Nick LichtenbergAugust 19, 2026
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack

The AI company says its unreleased Astra model presents a “critical” cybersecurity risk and it has put its largest training runs on hold while it tests new safety procedures.

By Emily ForliniAugust 18, 2026
David Sacks says Anthropic’s Dario Amodei wants a ‘DMV for AI.’ But plenty of industries thrive despite safety regulation

Amodei took to social media to defend his approach to regulation and his discussion of AI risks following criticism from investor Gavin Baker.

By Jeremy KahnAugust 18, 2026
More in AI
Innovation
More in Innovation
Current price of Ethereum for Aug. 19, 2026
Current price of Ethereum for August 19, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  

Coinbase’s decision to base its global tokenization hub in Abu Dhabi is the latest sign that the emirate’s bet on regulated digital assets is paying off—with $500 billion in GCC assets predicted to move onto blockchain by 2030.

By Melissa HancockAugust 19, 2026
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
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
More in Innovation
Cybersecurity
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
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
Jimmy Wales: ‘AI can generate answers. It still can’t earn trust’

The leadership lesson of Wikipedia.

By Ioanna ThomaAugust 16, 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
More in Cybersecurity
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Politics
A Democratic Socialist just defeated a central figure in Trump’s first impeachment trial in a Florida primary
By Matt Brown and The Associated PressAugust 19, 2026
Dr. Erica Schwartz testifies during a Senate Health Education Labor and Pensions committee confirmation hearing to be the director of the Centers for Disease Control and Prevention on Capitol Hill.
Health
‘Often flying blind’: Up to $246 million of taxpayer-funded CDC programs are largely unstaffed
By The Associated Press and Mike StobbeAugust 19, 2026
Cosigning a loan: The risks oftentimes overlooked
Personal Finance
Cosigning a loan: The risks oftentimes overlooked
By Joseph HostetlerAugust 19, 2026
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
Retail
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
By Sarah GlodekAugust 19, 2026
UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran
Energy
UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran
By David Rising and The Associated PressAugust 19, 2026
s
Politics
From Pennsylvania to Ohio to Texas, the governors’ races are all coming down to data centers
By Marc Levy and The Associated PressAugust 19, 2026
Multimillionaire podcaster Mel Robbins
Success
Multimillionnaire podcaster Mel Robbins says she learned the secret to spotting the most influential person in the room when she was a waitress
By Emma BurleighAugust 19, 2026
Edward P. Lazear, left, congratulates Randall S. Kroszner, center and Kevin M. Warsh, right, at the conclusion of their confirmation hearing held by the Senate Banking, Housing and Urban Affairs Committee in Washington, DC, February 14, 2006.
Economy
Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years sitting next to him
By Eleanor PringleAugust 19, 2026
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altman
AI
OpenAI Foundation pledges $1 billion to mitigate some of the jobs that it thinks AI will destroy
By Thalia Beaty and The Associated PressMarch 25, 2026
  • Reddit cofounder and CEO Steve Huffman
    Success
    Billionaire Reddit CEO Steve Huffman says his company will ‘go heavy’ on hiring graduates because ‘they’re so much more AI native’ than older peers
    By Emma BurleighMarch 23, 2026
college
AI
‘You won’t be able to AI your way through an oral exam’: Colleges have an Ancient Greek-style solution to the Gen Z stare
By Jocelyn Gecker and The Associated PressMarch 25, 2026
judge
Law
Yes, Mark Zuckerberg’s social media products are harmful for children, New Mexico jury finds
By Barbara Ortutay, Kaitlyn Huamani and The Associated PressMarch 25, 2026
worker
Economy
Workers around the world are scared. A massive new survey shows just how much
By Nick LichtenbergMarch 25, 2026
Faris Sbahi, CEO of Normal Computing.
AI
Exclusive: Normal Computing raises $50M from Samsung Catalyst to tackle soaring AI chip costs and power demands
By Sharon GoldmanMarch 25, 2026
The growing problem of ‘tech addiction’ spawns a new detox economy
Newsletters
The growing problem of ‘tech addiction’ spawns a new detox economy
By Allie GarfinkleMarch 25, 2026
  • Exclusive: The CEOs of Kalshi and Polymarket are arch rivals—but are investing in the same $35 million prediction market VC fund
    Crypto
    Exclusive: The CEOs of Kalshi and Polymarket are arch rivals—but are investing in the same $35 million prediction market VC fund
    By Ben WeissMarch 23, 2026
AI plot twist: Why did OpenAI kill its Sora video star?
Newsletters
AI plot twist: Why did OpenAI kill its Sora video star?
By Alexei OreskovicMarch 25, 2026
Wall Street is convinced AI will kill SaaS. History and economics say something else
Magazine
Wall Street is convinced AI will kill SaaS. History and economics say something else
By Jeremy KahnMarch 25, 2026
Origin cofounders Chris Bruce (left) and Pete Craghill.
Startups & Venture
Exclusive: AI-powered benefits platform Origin raises $30 million in fresh funding to bring CHROs visibility into benefits usage and spend
By Jeremy KahnMarch 25, 2026
The AI era has a message for every CEO: Adapt or die
Magazine
The AI era has a message for every CEO: Adapt or die
By Beatrice NolanMarch 25, 2026
China could be the ‘big winner’ in the AI race, thanks to abundant power, cheap manufacturing, and an open-source craze
Asia
China could be the ‘big winner’ in the AI race, thanks to abundant power, cheap manufacturing, and an open-source craze
By Nicholas GordonMarch 25, 2026
  • Will Wilson smiles
    Newsletters
    Startup Antithesis turns years of real-world chaos into hours of simulated mayhem—and key trading firms and crypto networks are paying close attention
    By Lily Mae LazarusMarch 23, 2026
Man with glasses wearing a black collared shirt
Law
‘Attempted corporate murder’: Judge calls on Anthropic and Department of War to explain dispute over supply chain risk 
By Amanda GerutMarch 24, 2026
Woman holding a yellow umbrella that has become inverted in the wind.
Newsletters
AI agents are getting more capable, but reliability is lagging—and that’s a problem
By Jeremy KahnMarch 24, 2026
Khosla gestures with both hands
AI
Billionaire OpenAI investor Vinod Khosla thinks 80% of jobs could vanish by 2030, and that ‘fear of AI’ put American politics in a chokehold
By Jacqueline MunisMarch 24, 2026
Aravind Srinivas, wearing a white sweater, lifts both of his arms in front of him.
Future of Work
Perplexity CEO says AI layoffs aren’t so bad because people hate their jobs anyways: ‘That sort of glorious future is what we should look forward to’
By Sasha RogelbergMarch 24, 2026
BlackRock CEO Larry Fink
Economy
Billionaire Larry Fink says you’re wrong to think that AI stealing your job is the big problem—it’s really about what it’s doing for his class
By Tristan BoveMarch 24, 2026
boardroom
AI
CFOs admit privately that AI layoffs will be 9x higher this year—and still a fraction of ‘doomsday’ predictions
By Jake AngeloMarch 24, 2026
Alex Karp
Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Preston ForeMarch 24, 2026
The rise and uncertain future of $29 billion AI coding startup Cursor
Newsletters
The rise and uncertain future of $29 billion AI coding startup Cursor
By Allie GarfinkleMarch 24, 2026
Bill Powers smiles at the camera
AI
Exclusive: Cambridge Mobile Telematics secures $350 million from TPG, Allianz to make driving safer
By Lily Mae LazarusMarch 24, 2026
Mark Zuckerberg, CEO of Meta.
Newsletters
The message Mark Zuckerberg is sending with his AI sidekick
By Matthew HeimerMarch 24, 2026
homes
Real Estate
Nearly three in five Americans think AI will push homeownership even further out of reach
By Jake AngeloMarch 24, 2026
Grab expands to Taiwan, its first non-Southeast Asian market, with $600 million Foodpanda deal
Asia
Grab expands to Taiwan, its first non-Southeast Asian market, with $600 million Foodpanda deal
By Angelica AngMarch 24, 2026
alex
Commentary
AI’s disruption is a choice, not a forecast
By Alex StephanyMarch 24, 2026
10 a.m. could be your new start time, thanks to AI. Billionaire Mark Cuban says companies will cut the workday by an hour—and you’ll still get paid the same
Success
10 a.m. could be your new start time, thanks to AI. Billionaire Mark Cuban says companies will cut the workday by an hour—and you’ll still get paid the same
By Orianna Rosa RoyleMarch 24, 2026
Meta and YouTube just took a crushing legal blow over tech addiction. At this rehab for addicted teens and adults, it’s treated like heroin
Magazine
Meta and YouTube just took a crushing legal blow over tech addiction. At this rehab for addicted teens and adults, it’s treated like heroin
By Kristin StollerMarch 24, 2026
What Mark Zuckerberg’s AI sidekick could teach CEOs about leading by example
AI
What Mark Zuckerberg’s AI sidekick could teach CEOs about leading by example
By Claire ZillmanMarch 24, 2026
zuckerberg on a screen in court
Law
One in three teens ‘experienced problematic use’ of Meta platforms: closing arguments begin in landmark New Mexico social media trial
By The Associated Press and Morgan LeeMarch 23, 2026
man on stage at conference
Crypto
Strategy purchases another $76 million worth of Bitcoin, all through sales of common stock
By Carlos GarciaMarch 23, 2026
woman in blue button down looking at a piece of paper
Future of Work
‘AI killed the cover letter.’ This Wharton economist says the hiring ritual’s days are numbered
By Catherina GioinoMarch 23, 2026
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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 deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Personal Finance
With the national debt nearing $40 trillion, Bank of America has a warning for bond investorsplaceholder alt text
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Current price of oil as of August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
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