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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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Current price of oil as of August 18, 2026

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Current price of silver as of Tuesday, August 18, 2026
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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
Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors
By Nicholas GordonAugust 19, 2026
a woman rides an ALSO autonomous bike
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation
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
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
By Jason MaAugust 19, 2026
A Home Depot store in Atlanta, Georgia.
Home Depot’s $730 million tariff refund was largely offset by rising costs
By Sheryl EstradaAugust 19, 2026
Current price of Ethereum for Aug. 19, 2026
Current price of Ethereum for August 19, 2026
By Joseph HostetlerAugust 19, 2026
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Big Tech
More in Big Tech
Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing
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
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
OpenAI data center deal with Nvidia comes in $145 billion lower than reported—signaling concerns of artificial demand for chips

Circular financing concerns revolve around the chip-maker’s investment into OpenAI’s data center lease.

By Joshua HongAugust 18, 2026
Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax

Campaign finance records show at least four billionaires quietly funding the opposition—and the fight is only growing stronger

By Mia OsmonbekovAugust 18, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Yevgeny Dibrov crosses his arms while wearing a suit.
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
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
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
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
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
How the UAE has emerged as a ‘leading light’ for tokenization  
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
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
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
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
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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Current price of gold as of August 19, 2026
Personal Finance
Current price of gold as of August 19, 2026
By Danny BakstAugust 19, 2026
chips
Future of Work
Even potato-chip tasters are temporary in the economy of 2026 — there’s nearly 57 million of these ‘disposable workers’
By Paul Osterman and The ConversationAugust 19, 2026
Current price of silver as of Wednesday, Aug. 19, 2026
Personal Finance
Current price of silver as of Wednesday, August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of oil as of Aug. 19, 2026
Personal Finance
Current price of oil as of August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of Bitcoin for Aug. 19, 2026
Personal Finance
Current price of Bitcoin for August 19, 2026
By Joseph HostetlerAugust 19, 2026
Top CD rates from major banks Aug. 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 19, 2026
Photo: President Trump.
Newsletters
Iran has Trump right where it wants him and suggests he seek ‘a dignified exit’
By Jim EdwardsAugust 19, 2026
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
By Glen Luke FlanaganAugust 19, 2026
More TechPage 86 of 100
Ring is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete
Success
Ring is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete
By Marco Quiroz-GutierrezMarch 7, 2026
  • McDonald’s CEO did a burger taste test that became a cautionary tale for execs. But there’s a silver lining
    C-Suite
    McDonald’s CEO did a burger taste test that became a cautionary tale for execs. But there’s a silver lining
    By Rachel VentrescaMarch 6, 2026
the grind
AI
AI seems to turn Marxist after overwork, top researchers find: ‘Society needs radical restructuring’
By Nick LichtenbergMarch 7, 2026
Man in glass and a suit looking to the side.
AI
Google, Meta, and Oracle are on a $1 trillion borrowing spree and there will be ‘winners and losers in this environment,’ bond fund manager says
By Amanda GerutMarch 7, 2026
The unexpected 92,000 drop in payrolls is a clue we might be reading the AI jobs narrative all wrong
AI
The unexpected 92,000 drop in payrolls is a clue we might be reading the AI jobs narrative all wrong
By Shawn TullyMarch 7, 2026
Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing so
AI
Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing so
By Catherina GioinoMarch 6, 2026
palmer luckey
AI
Palmer Luckey says Silicon Valley has the Pentagon all wrong: ‘Stick to a position that this is in the hands of the people’
By Jake AngeloMarch 6, 2026
  • travis
    Commentary
    I help manage one of the world’s most constrained supply chains, up close to the defining energy bottleneck of the decade
    By Travis EdmondsMarch 6, 2026
OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
AI
OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
By Nick LichtenbergMarch 6, 2026
February was the biggest month in venture history, thanks to OpenAI, Anthropic, and Waymo in particular
Startups & Venture
February was the biggest month in venture history, thanks to OpenAI, Anthropic, and Waymo in particular
By Lily Mae LazarusMarch 6, 2026
Silicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’
Future of Work
Silicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’
By Marco Quiroz-GutierrezMarch 6, 2026
schmidt
Commentary
Eric Schmidt: Big Tech should power its own AI ambitions 
By Eric SchmidtMarch 6, 2026
sarandos
Commentary
What Netflix’s acquisition of Ben Affleck’s AI filmmaking company really shows
By Lin CherryMarch 6, 2026
  • This VC backed CrowdStrike and Anduril. His due diligence starts with your parents
    Big Tech
    This VC backed CrowdStrike and Anduril. His due diligence starts with your parents
    By Allie GarfinkleMarch 6, 2026
anthropic research chart
AI
Anthropic just mapped out which jobs AI could potentially replace. A ‘Great Recession for white-collar workers’ is absolutely possible
By Jake AngeloMarch 6, 2026
Stressed Gen Z pharmacy worker
Success
Gen Z graduates who majored in ‘AI-proof’ careers like pharmacy, biology, and education are making less than $50,000 after graduation
By Emma BurleighMarch 6, 2026
Zuckerberg walks away from the courthouse surrounded by people in suits.
Law
‘That’s not what we’re trying to do’: Mark Zuckerberg rejects claims that Facebook and Instagram are addictive at New Mexico social media trial
By Morgan Lee and The Associated PressMarch 6, 2026
tim cook
Big Tech
Apple goes down market in its ‘big week’ of product rollouts with iPhone model that’s $200 cheaper than the base
By Shawn Chen and The Associated PressMarch 6, 2026
beyond
Success
‘It’s just not the moment for plant-based meat right now’: Beyond Meat is just Beyond now, CEO says
By Dee-Ann Durbin and The Associated PressMarch 6, 2026
trump
AI
Trump admits the hyperscalers ‘need some PR help’ because the American taxpayer is on the hook for their data centers
By Josh Boak, Matthew Daly and The Associated PressMarch 6, 2026
blake
AI
Google’s guru of Gmail says there are 3 different types of AI users, and the tech giant is putting ‘trust’ first for all of them
By Nick LichtenbergMarch 6, 2026
Anthropic CEO Dario Amodei.
AI
Anthropic CEO apologizes for leaked memo calling OpenAI staff ‘gullible’ as company confirms supply chain risk designation
By Beatrice NolanMarch 6, 2026
nicole
Commentary
AI mastered language. The physical world is next
By Nicole FraenkelMarch 6, 2026
dopfner
Europe
Axel Springer strikes $766 million deal to buy the Telegraph with goal to become ‘leading center-right media outlet’
By The Associated PressMarch 6, 2026
hegseth
AI
Pentagon officially defines Anthropic as ‘supply chain risk’
By Matt O'Brien, Konstantin Toropin and The Associated PressMarch 6, 2026
tanuj
Banking
Why the math says AI won’t steal your job: this exec found $49k savings per person from reskilling. It’s saved $55 million and counting
By Nick LichtenbergMarch 6, 2026
Photo: US President Donald Trump during an event with Inter Miami CF in the East Room of the White House in Washington, DC, US, on Thursday, March 5, 2026. Inter Miami CF is visiting the White House to celebrate their 2025 championship win.
Politics
Iran is turning out to be a more effective enemy than many thought, and U.S. allies are losing their patience with the war
By Jim EdwardsMarch 6, 2026
Meet the breakout VC who goes deep to make a ‘360-degree’ behavioral map before investing in founders
Newsletters
Meet the breakout VC who goes deep to make a ‘360-degree’ behavioral map before investing in founders
By Allie GarfinkleMarch 6, 2026
Anthropic’s investors are not on the same page in Pentagon fight
Newsletters
Anthropic’s investors are not on the same page in Pentagon fight
By Alexei OreskovicMarch 6, 2026
‘Technology is our superpower’: Africa and India take a seat at the top table as AI revolution spreads
Europe
‘Technology is our superpower’: Africa and India take a seat at the top table as AI revolution spreads
By Kamal AhmedMarch 6, 2026
education
AI
We’re economists who designed a chatbot to help our students reason instead of cheat. Meet ‘Macro Buddy’
By Saharnaz Babaei-Balderlou, Shishir Shakya and The ConversationMarch 6, 2026
hormuz
Commentary
Hung up on Hormuz: the old-world order of oil was just shattered by the closing of Iran’s key global chokepoint
By Siddharth MisraMarch 6, 2026
OpenAI investor Vinod Khosla, a vocal Trump critic, agrees with the president on AI and China: ‘We are in a techno-economic war’
Big Tech
OpenAI investor Vinod Khosla, a vocal Trump critic, agrees with the president on AI and China: ‘We are in a techno-economic war’
By Nicholas GordonMarch 6, 2026
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By Joseph HostetlerAugust 18, 2026
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