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Sequoia partner Julien Bek sitting on a stool and holding a microphone while speaking to an audience. Behind him is a stage that looks like a forest.
Are services the new software? This venture capitalist thinks the future is in selling AI-delivered outcomes, not AI-powered products

Sequoia partner Julien Bek penned a viral essay arguing there’s a gold mine in AI-native service firms

By Jeremy KahnApril 21, 2026
Emma Grede’s blunt advice: ‘Nobody’s coming to hand you power—you have to take it’
Emma Grede’s blunt advice: ‘Nobody’s coming to hand you power—you have to take it’
By Emma HinchliffeApril 21, 2026
In this photo illustration, the Fermi America logo is seen displayed on a smartphone screen.
Fermi’s CFO resigns—just two days after the CEO stepped down
By Sheryl EstradaApril 21, 2026
Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
By Diane BradyApril 21, 2026
Humble Hauler docks in a transport hub
Exclusive: Startup Humble debuts cabless autonomous truck targeting $900 billion U.S. freight industry
By Lily Mae LazarusApril 21, 2026
Newly appointed Apple CEO John Ternus (left) with outgoing CEO Tim Cook in Cupertino, Calif. (Photo courtesy Apple)
John Ternus becomes Apple CEO
By Andrew NuscaApril 21, 2026
Latest Stories
Polymarket CEO Shayne Coplan shakes someone's hand at the opening of Polymarket's temporary free grocery store in Manhattan
CryptoInvestors are valuing Polymarket at a discount to archrival Kalshi—and its crypto ties could be one reason why
By Jack KubinecApril 21, 2026
Double exposure photograph of a portrait of Mark Zuckerberg and a telephone displaying the Meta group s artificial intelligence logo at Kerlouan in Brittany in France on April 11 2025. (Photo by Vincent Feuray / Hans Lucas / Hans Lucas via AFP) (Photo by VINCENT FEURAY/Hans Lucas/AFP via Getty Images)
AIMeta will start tracking employees’ screens and keystrokes to train AI tools
By Eva RoytburgApril 21, 2026
jeff bezos pete hegseth before a sign that reads freedom
Politics‘Something sinister could be happening’: FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
By Catherina GioinoApril 21, 2026
Google Cloud’s next big moment—and what it needs to continue its ascent
AIGoogle Cloud’s next big moment—and what it needs to continue its ascent
By Alex Kantrowitz, Marty Swant and Big TechnologyApril 21, 2026
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges as a surprise winner
Real EstateThe tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges as a surprise winner
By Sydney LakeApril 21, 2026
Photo of Donald Trump
Economy‘I thought the oil would be much higher’: Trump’s rosy Iran war spin risks sending traders the wrong message
By Nick LichtenbergApril 21, 2026
A soybean farmer inspects his crops in Maryland
EnvironmentTariffs, war, and now a historic drought have converged into a ‘perfect storm’ for U.S. farmers and food prices
By Tristan BoveApril 21, 2026
The inside of a data center in Ashburn, VA.
EnvironmentData centers are dealing hidden damage to environmental and public health—costing the economy $25 billion every year
By Tristan BoveApril 21, 2026
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Trump’s war and rhetoric are drowning out the IMF’s growth agenda
NewslettersTrump’s war and rhetoric are drowning out the IMF’s growth agenda
By Diane BradyApril 14, 2026
  • Cybertruck parked in front of the SpaceX office
    NewslettersSpaceX, OpenAI, and Anthropic could reopen the IPO market—or drain it
    By Lily Mae LazarusApril 7, 2026
OpenAI CEO Sam Altman (center) and Anthropic CEO Dario Amodei (right), not holding hands, in New Delhi on February 19, 2026. (Photo by Ludovic Marin/AFP/Getty Images)
NewslettersOpenAI revenue chief accuses rival Anthropic of goosing revenue projections
By Andrew NuscaApril 14, 2026
Julie’s new AI chatbot aims to fix a major gap in women’s health information
NewslettersJulie’s new AI chatbot aims to fix a major gap in women’s health information
By Emma HinchliffeApril 13, 2026
Brené Brown and BetterUp CEO Alexi Robichaux talk on a panel.
NewslettersThis is the hidden reason your AI investments are failing, according to Brené Brown
By Kristin StollerApril 13, 2026
Why an exec at biopharma giant Gilead Sciences prefers energy management over time management
C-SuiteWhy an exec at biopharma giant Gilead Sciences prefers energy management over time management
By Ruth UmohApril 13, 2026
What the latest search for Satoshi means for the crypto industry
NewslettersWhat the latest search for Satoshi means for the crypto industry
By Jeff John RobertsApril 13, 2026
  • Sam Altman, CEO of OpenAI, in Washington, DC, on March 11, 2026. (Photo: Daniel Heuer/Bloomberg/Getty Images)
    NewslettersOpenAI imagines a society with, you guessed it, super AI
    By Andrew NuscaApril 7, 2026
China went from uninvestable to unavoidable—and Hong Kong is cashing in with a slew of AI-centric IPOs
NewslettersChina went from uninvestable to unavoidable—and Hong Kong is cashing in with a slew of AI-centric IPOs
By Nicholas GordonApril 13, 2026
An illustration photo shows CoreWeave logo in a smartphone.
NewslettersTens of billions in days: CoreWeave shows how aggressively AI infrastructure is being funded
By Sheryl EstradaApril 13, 2026
WeWork’s latest comeback bet fits inside a phone booth
NewslettersWeWork’s latest comeback bet fits inside a phone booth
By Diane BradyApril 13, 2026
Apple CEO Tim Cook in Davos on January 21, 2026. (Photo: Mandel Ngan/AFP/Getty Images)
NewslettersApple smart glasses are coming into view
By Andrew NuscaApril 13, 2026
‘I’m still here 12 hours a day’: Luana Lopes Lara on building Kalshi as the world’s youngest female self-made billionaire
Newsletters‘I’m still here 12 hours a day’: Luana Lopes Lara on building Kalshi as the world’s youngest female self-made billionaire
By Emma HinchliffeApril 10, 2026
  • CEOs are lining up behind the $1,000 Trump Accounts for babies
    NewslettersCEOs are lining up behind the $1,000 Trump Accounts for babies
    By Diane BradyApril 7, 2026
26% of CEOs think the greatest threat to their job security is their own CFO
Newsletters26% of CEOs think the greatest threat to their job security is their own CFO
By Sheryl EstradaApril 10, 2026
Defense executives worry Trump’s proposed military splurge could backfire
NewslettersDefense executives worry Trump’s proposed military splurge could backfire
By Diane BradyApril 10, 2026
Fortune Brainstorm Tech 2019 in Aspen, Colo. (Photo: Fortune)
NewslettersWho’s speaking at Fortune Brainstorm Tech 2026
By Andrew NuscaApril 10, 2026
Dario Amodei
NewslettersWhat Anthropic’s too-dangerous-to-release AI model means for its upcoming IPO
By Beatrice NolanApril 10, 2026
woman typing on a computer.
NewslettersThe ‘AI gender gap’ narrative is missing the full picture
By Emma HinchliffeApril 9, 2026
Even Nvidia’s own research teams can’t get enough GPUs amid the race for AI computing power
NewslettersEven Nvidia’s own research teams can’t get enough GPUs amid the race for AI computing power
By Sharon GoldmanApril 9, 2026
Senior executive team together in conference meeting room in contemporary modern office bright sunny daylight sunset dusk talking discussing planning organizing strategy.
NewslettersThe white-collar jobs most exposed to AI, according to Anthropic’s own data
By Sheryl EstradaApril 9, 2026
Bobby Healy stands in front of a Manna drone with his arms crossed.
NewslettersARK Invest is betting on underdog drone delivery company Manna to compete with Alphabet and Zipline
By Lily Mae LazarusApril 9, 2026
Why CEO Michelle Gass is thriving at Levi’s after stumbling at Kohl’s
NewslettersWhy CEO Michelle Gass is thriving at Levi’s after stumbling at Kohl’s
By Phil WahbaApril 9, 2026
Meta chief AI officer Alexandr Wang in New Delhi on February 19, 2026. (Photo: Ludovic Marin/AFP/Getty Images)
NewslettersMeta takes the wraps off Muse Spark
By Andrew NuscaApril 9, 2026
Why brands are making long-term bets on women’s golf at Augusta
NewslettersWhy brands are making long-term bets on women’s golf at Augusta
By Emma HinchliffeApril 8, 2026
Amid the ‘SaaSpocalypse,’ CIOs and CTOs take a harder line with their vendors
NewslettersAmid the ‘SaaSpocalypse,’ CIOs and CTOs take a harder line with their vendors
By John KellApril 8, 2026
In this photo illustration, the logo of Oracle Corporation is displayed on a smartphone screen, with the company’s signature red branding visible in the background
NewslettersWhy Oracle’s new CFO Hilary Maxson is key to its AI ambitions
By Sheryl EstradaApril 8, 2026
A16z-backed Infinite Machine is building e-bikes that feel like mopeds. Cyclists may have some qualms
NewslettersA16z-backed Infinite Machine is building e-bikes that feel like mopeds. Cyclists may have some qualms
By Jessica MathewsApril 8, 2026
Bill Ackman channels Warren Buffett with his $64 billion bid for Universal Music Group
NewslettersBill Ackman channels Warren Buffett with his $64 billion bid for Universal Music Group
By Diane BradyApril 8, 2026
Anthropic co-founder and CEO Dario Amodei speaking at Fortune Brainstorm Tech 2023 in Park City, Utah. (Photo: Stuart Isett/Fortune)
NewslettersAnthropic uses AI to fix software bugs
By Andrew NuscaApril 8, 2026
A portrait of OpenAI CEO Sam Altman in profile.
AIOpenAI is a drama company. Will that hurt its IPO chances? And Anthropic tries to get ahead of the cyber risks its own models are accelerating
By Jeremy KahnApril 7, 2026
Christina Koch’s journey around the moon marks a new era for women in space
NewslettersChristina Koch’s journey around the moon marks a new era for women in space
By Emma HinchliffeApril 7, 2026
AI is moving fast. CFOs have a narrow window to shape its value
NewslettersAI is moving fast. CFOs have a narrow window to shape its value
By Sheryl EstradaApril 7, 2026
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