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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
Fermi Inc. cofounders Toby Neugebauer, left, and former Texas Gov. Rick Perry, right, mark their Nasdaq IPO in early October for their AI power company plans.
EnergyFeud between AI power startup Fermi and its fired CEO and top shareholder heats up over proposed sale
By Jordan BlumApril 21, 2026
U.S. President Donald Trump speaks in the Oval Office after signing an Executive Order April 18, 2026 in Washington, DC.
PoliticsTrump extends Iran ceasefire after insisting he wouldn’t hours earlier, citing a ‘seriously fractured’ Iran
By Eva RoytburgApril 21, 2026
Photo of a BYD Sealion 5 DM-i plug-in hybrid
EnergyHow the Iran energy crisis is supercharging Southeast Asia’s EV transition
By Angelica AngApril 21, 2026
Chip Roy introduces the Mamdani Act to punish immigrants for ideology—including socialism and Marxism
PoliticsChip Roy introduces the Mamdani Act to punish immigrants for ideology—including socialism and Marxism
By Catherina GioinoApril 21, 2026
Two Halliburton employees, clad in red coveralls, work at a pressure pumping, or fracking, operation in the Permian Basin.
EnergyHalliburton CEO: U.S. oil is in the ‘early innings’ of a rebound—and a drilling ramp-up is coming
By Jordan BlumApril 21, 2026
James Uthmeier
LawFlorida launches criminal probe into OpenAI to see if ChatGPT is responsible for fatal Florida State shooting
By Mike Schneider and The Associated PressApril 21, 2026
Polymarket CEO Shayne Coplan shakes someone's hand at the opening of Polymarket's temporary free grocery store in Manhattan
CryptoInvestors are valuing Polymarket $7 billion less than archrival Kalshi—and crypto 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
More NewslettersPage 4 of 100
She refused to hide. Now the world is listening to Gisèle Pelicot
NewslettersShe refused to hide. Now the world is listening to Gisèle Pelicot
By Emma HinchliffeMarch 31, 2026
  • AI plot twist: Why did OpenAI kill its Sora video star?
    NewslettersAI plot twist: Why did OpenAI kill its Sora video star?
    By Alexei OreskovicMarch 25, 2026
The ‘death of SaaS’ could be the best thing to ever happen to SaaS M&A
NewslettersThe ‘death of SaaS’ could be the best thing to ever happen to SaaS M&A
By Allie GarfinkleMarch 31, 2026
She was a customer before she was the CFO. Now she’s steering Workiva to $1 billion in revenue
NewslettersShe was a customer before she was the CFO. Now she’s steering Workiva to $1 billion in revenue
By Sheryl EstradaMarch 31, 2026
Microsoft revamps Copilot—with Anthropic
NewslettersMicrosoft revamps Copilot—with Anthropic
By Alexei OreskovicMarch 31, 2026
Ousted Air Canada CEO failed to speak French—and forgot the basics of crisis leadership
NewslettersOusted Air Canada CEO failed to speak French—and forgot the basics of crisis leadership
By Diane BradyMarch 31, 2026
What innovators—and Olivia Munn—are teaching women about catching breast cancer earlier
NewslettersWhat innovators—and Olivia Munn—are teaching women about catching breast cancer earlier
By Emma HinchliffeMarch 30, 2026
  • Woman holding a yellow umbrella that has become inverted in the wind.
    NewslettersAI agents are getting more capable, but reliability is lagging—and that’s a problem
    By Jeremy KahnMarch 24, 2026
Female worker with male worker using computer in innovation lab
NewslettersThis company is giving workers a raise for using AI — here’s what they have to do to earn it
By Kristin StollerMarch 30, 2026
In this photo illustration, a Dell logo displayed on a smartphone with Artificial Intelligence (AI) design in the background.
NewslettersHow Dell reinvented itself as an AI-server powerhouse — and what its CFO is building next
By Sheryl EstradaMarch 30, 2026
The API economy may soon grow by tens of millions of customers—here’s why
NewslettersThe API economy may soon grow by tens of millions of customers—here’s why
By Jeff John RobertsMarch 30, 2026
Coca-Cola, Walmart, and Adobe CEO shakeups have one thing in common: AI
C-SuiteCoca-Cola, Walmart, and Adobe CEO shakeups have one thing in common: AI
By Ruth UmohMarch 30, 2026
Oliver Kharraz, CEO of Zocdoc, sits on a couch.
NewslettersAI is reshaping the doctor visit—just not how you think
By Lily Mae LazarusMarch 30, 2026
  • Female founders had a record year. But a wave of ‘zombie unicorns’ is looming
    NewslettersFemale founders had a record year. But a wave of ‘zombie unicorns’ is looming
    By Emma HinchliffeMarch 24, 2026
As the Iran war drags on, ‘shell-shocked’ CEOs may soon break their silence on Trump
NewslettersAs the Iran war drags on, ‘shell-shocked’ CEOs may soon break their silence on Trump
By Diane BradyMarch 30, 2026
The humbling of Big Tech’s ‘Magnificent Seven’
NewslettersThe humbling of Big Tech’s ‘Magnificent Seven’
By Alexei OreskovicMarch 30, 2026
Fortune Archives: The folks who brought you Apple
NewslettersFortune Archives: The folks who brought you Apple
By Indrani SenMarch 29, 2026
Can Sheryl Sandberg’s Lean In take on tradwives and the manosphere?
NewslettersCan Sheryl Sandberg’s Lean In take on tradwives and the manosphere?
By Emma HinchliffeMarch 27, 2026
VC firms rarely reinvent themselves. Kleiner Perkins did—and has a new $3.5 billion to show for it
NewslettersVC firms rarely reinvent themselves. Kleiner Perkins did—and has a new $3.5 billion to show for it
By Allie GarfinkleMarch 27, 2026
Abstract business graph of AI growth. market growth, analysis, and future projections.
NewslettersWhy CFOs—not chief AI officers—are the secret to getting real value from AI
By Sheryl EstradaMarch 27, 2026
Anthropic data leak reveals powerful, secret Mythos AI model
NewslettersAnthropic data leak reveals powerful, secret Mythos AI model
By Alexei OreskovicMarch 27, 2026
Chubb’s CEO 25-page shareholder letter touches on China, AI, and the fragility of democracy: ‘I am both optimistic and I’m concerned’
NewslettersChubb’s CEO 25-page shareholder letter touches on China, AI, and the fragility of democracy: ‘I am both optimistic and I’m concerned’
By Diane BradyMarch 27, 2026
Water storage construction on the Meta data center site in Holly Ridge, Richland Parish, Louisiana.
AIInside Meta’s chaotic AI boomtown in rural Louisiana
By Sharon GoldmanMarch 26, 2026
How the youngest female CEO in the Fortune 500 navigates political turmoil
NewslettersHow the youngest female CEO in the Fortune 500 navigates political turmoil
By Emma HinchliffeMarch 26, 2026
The one-person unicorn: Myth, miracle, or the future of startups?
NewslettersThe one-person unicorn: Myth, miracle, or the future of startups?
By Allie GarfinkleMarch 26, 2026
Business professional typing on keyboard with holographic AI interface, command prompt and chat widgets, showcasing generative assistant, automation, data processing and digital workflow. AI interface
NewslettersCFOs believe AI is paying off. Researchers aren’t so sure—yet
By Sheryl EstradaMarch 26, 2026
Meta’s back-to-back courtroom losses: a harsh reality check to delusional hubris
NewslettersMeta’s back-to-back courtroom losses: a harsh reality check to delusional hubris
By Alexei OreskovicMarch 26, 2026
Rishi Sunak tells CEOs to move fast on AI—or risk landing on the wrong side of the K-shaped economy
NewslettersRishi Sunak tells CEOs to move fast on AI—or risk landing on the wrong side of the K-shaped economy
By Kamal AhmedMarch 26, 2026
The ROI for AI isn’t one-size-fits-all, says data storage CTO
NewslettersThe ROI for AI isn’t one-size-fits-all, says data storage CTO
By John KellMarch 25, 2026
Alix Earle knows exactly how to launch a brand in 2026
NewslettersAlix Earle knows exactly how to launch a brand in 2026
By Emma HinchliffeMarch 25, 2026
A detailed representation of a robotic hand interacting with an AI interface, showcasing vibrant data visualizations and modern technological advancements in a digital workspace.
NewslettersAI robots could cost $13,000 by 2035: Here’s what that means for CFOs
By Sheryl EstradaMarch 25, 2026
The growing problem of ‘tech addiction’ spawns a new detox economy
NewslettersThe growing problem of ‘tech addiction’ spawns a new detox economy
By Allie GarfinkleMarch 25, 2026
America’s largest Medicaid insurer is making a move into building affordable housing, Centene CEO Sarah London announced at Fortune's Brainstorm Health conference in Dana Point, Calif., on Monday, May 20, 2024.
NewslettersThe youngest-ever female Fortune 500 CEO is reinventing the largest Medicaid insurer amid funding cuts and rising costs
By Diane BradyMarch 25, 2026
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Law
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantageplaceholder alt text
By Sasha RogelbergApril 20, 2026
Success
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give backplaceholder alt text
By Orianna Rosa RoyleApril 21, 2026
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winnerplaceholder alt text
By Sydney LakeApril 21, 2026
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