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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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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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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
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Jeff Dean
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’

Jeff Dean, who just left Google after 27 years, says future success belongs to Gen Z students who read broadly and focus on problems with a five-year horizon.

By Preston ForeAugust 19, 2026
OpenAI CEO Sam Altman with Replit CEO Amjad Masad
Exclusive: Replit taps OpenAI’s low-cost Luna model for new ‘Free Mode’
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
Current price of Ethereum for Aug. 19, 2026
Current price of Ethereum for August 19, 2026
By Joseph HostetlerAugust 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
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
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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
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

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
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
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
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
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
Latest stories from Fortune
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
Hayden Panettiere helped change how women talk about mental health. After her death, consumers aren’t ready to forgive the brand that failed her
Newsletters
Hayden Panettiere helped change how women talk about mental health. After her death, consumers aren’t ready to forgive the brand that failed her
By Emma HinchliffeAugust 19, 2026
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse
Politics
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse
By ABDUL QAHAR AFGHAN and The Associated PressAugust 19, 2026
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
More TechPage 59 of 100
Sequoia-backed Astrocade raises $56 million to let everyone build games
Newsletters
Sequoia-backed Astrocade raises $56 million to let everyone build games
By Allie GarfinkleMay 5, 2026
  • valerie
    Commentary
    Tesla’s former HR chief: the AI layoff panic Is built on a false premise—here’s what most workers need to know
    By Valerie Capers WorkmanMay 1, 2026
President Donald Trump in Washington, D.C. on May 4, 2026. (Photo: Kent Nishimura/AFP/Getty Images)
Newsletters
Trump may seek to review AI models before launch
By Andrew NuscaMay 5, 2026
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
Big Tech
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
By Jim EdwardsMay 5, 2026
Man in a suit with glasses
Big Tech
Supermicro’s co-founder allegedly smuggled $2.5 billion in Nvidia-chipped servers to China—now the whole company is under the microscope
By Amanda GerutMay 5, 2026
yann lecun
AI
An AI ‘godfather’ says CEOs hyping job loss are ‘extremely destructive’—and your kids are paying the price
By Jake AngeloMay 5, 2026
China stopped issuing new robotaxi licenses over a glitch. America can’t stop them from rolling into active shooter situations
Law
China stopped issuing new robotaxi licenses over a glitch. America can’t stop them from rolling into active shooter situations
By Catherina GioinoMay 4, 2026
  • AI
    AI
    Meet the Americans dismissing AI hype and using it with ingenuity: ‘The efficiencies gained out of it have been tremendous’
    By Cathy Bussewitz and The Associated PressMay 1, 2026
David Sacks
Economy
Trump’s former AI czar says the quiet part out loud on the economy: ‘Stopping progress in AI would be equivalent to halting the U.S. economy’
By Tristan BoveMay 4, 2026
A farmer in a field plowing with a horse
Economy
BofA throws cold water on AI apocalypse panic: 60% of today’s jobs didn’t exist in 1940
By Nick LichtenbergMay 4, 2026
doctor
AI
A Harvard study just found AI can now out-diagnose physicians in the ER: ‘We’re already at the ceiling’
By Jake AngeloMay 4, 2026
dario
AI
Anthropic takes shot at consulting industry in joint venture with Wall Street giants
By Nick LichtenbergMay 4, 2026
Frustrated job seeker on laptop
Newsletters
Nearly 4 in 10 job candidates have bailed on a hiring round because it required an AI interview
By Emma BurleighMay 4, 2026
  • Tim Cook, chief executive officer of Apple Inc., inside the Steve Jobs Theater during an event at Apple Park campus in Cupertino, California, US.
    AI
    Apple just posted $111 billion in revenue. Now its CFO and incoming CEO are teaming up
    By Sheryl EstradaMay 1, 2026
VC firm Ethereal has avoided the spotlight for 5 years—now it’s telling its story
Newsletters
VC firm Ethereal has avoided the spotlight for 5 years—now it’s telling its story
By Jeff John RobertsMay 4, 2026
The eBay logo with a mobile phone in 2025. (Photo: Klaudia Radecka/NurPhoto/Getty Images)
Newsletters
GameStop makes an unsolicited $56 billion offer for eBay
By Andrew NuscaMay 4, 2026
Alphabet CEO Sundar Pichai in San Francisco, on Wednesday, June 4, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
Politics
Inside Google’s quiet internal war against its own anti-military activist employees
By Jim EdwardsMay 4, 2026
Google CEO Sundar Pichai
AI
Employee revolt once forced Google to back off on military contracts. But, in the wake of a new Pentagon AI contract, their leverage appears limited
By Beatrice NolanMay 4, 2026
Meme stock GameStop pitches $56 Billion takeover of eBay
Retail
Meme stock GameStop pitches $56 Billion takeover of eBay
By Cecilia D'Anastasio, Se Young Lee and BloombergMay 3, 2026
Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
Commentary
Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
By Brian Wong and Tony ChanMay 3, 2026
Chinese court rules firms can’t lay off workers on AI grounds
AI
Chinese court rules firms can’t lay off workers on AI grounds
By Victor Swezey and BloombergMay 3, 2026
jason corso
Commentary
AI models are choking on junk data
By Jason Corso and David CowanMay 3, 2026
Sam Altman speaks into a microphone
AI
Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology
By Sasha RogelbergMay 3, 2026
Zoom is giving away $150K to ‘solopreneurs’ with no strings attached—as 33 million workers ditch corporate to become their own boss
Success
Zoom is giving away $150K to ‘solopreneurs’ with no strings attached—as 33 million workers ditch corporate to become their own boss
By Orianna Rosa RoyleMay 3, 2026
Disney’s new CEO is exploring a ‘super app’ for theme park tickets, movies and more
Big Tech
Disney’s new CEO is exploring a ‘super app’ for theme park tickets, movies and more
By Thomas Buckley, Lucas Shaw and BloombergMay 2, 2026
Apple raises Mac Mini’s starting price to $799 after AI frenzy drains supply
AI
Apple raises Mac Mini’s starting price to $799 after AI frenzy drains supply
By Chris Welch, Mark Gurman and BloombergMay 2, 2026
Unionized workers form alliance with rich tech giants on AI data centers, pushing back on local opposition and redrawing political lines
AI
Unionized workers form alliance with rich tech giants on AI data centers, pushing back on local opposition and redrawing political lines
By Marc Levy and The Associated PressMay 2, 2026
Jensen Huang says some CEOs have a ‘God complex’ when it comes to AI apocalypse warnings, which can create shortages of critical workers
AI
Jensen Huang says some CEOs have a ‘God complex’ when it comes to AI apocalypse warnings, which can create shortages of critical workers
By Jason MaMay 2, 2026
Photo of several people working on a presentation together
AI
Big Tech is shelling out up to $1 million for new hires who will never have to write a line of code
By Sydney LakeMay 2, 2026
dario
Commentary
Anthropic’s most powerful AI model just exposed a crisis in corporate governance. Here’s the framework every CEO needs.
By Jeffrey Sonnenfeld, Stephen Henriques, Dan Kent and Holden LeeMay 2, 2026
Photo of vegan cheese products
AI
A Mark Cuban–backed vegan cheese company trained AI to scrutinize cardboard boxes. It’s saved $400,000
By Jake AngeloMay 1, 2026
Young trade worker learning on job
Success
Forget Big Tech: Small businesses will hire nearly 1 million grads in 2026—and some of the hottest roles are gloriously AI-proof
By Emma BurleighMay 1, 2026
duke
Big Tech
Amazon Prime Video reaches deal with Duke Blue Devils to air 3 games per season
By The Associated PressMay 1, 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
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By Joseph HostetlerAugust 18, 2026
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With the national debt nearing $40 trillion, Bank of America has a warning for bond investorsplaceholder alt text
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