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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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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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American Airlines is finally bringing back seatback screens after nearly 10 years in a premium push to win back customers
American Airlines is finally bringing back seatback screens after nearly 10 years in a premium push to win back customers

American is coping with a massive profit gap to competitors amid rising jet fuel costs and a movement towards luxury travel.

By Sarah GlodekAugust 19, 2026
KFC
How KFC and Taco Bell’s top technologist 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
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
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
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
Fortune banner
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
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
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
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
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
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
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
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
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
a
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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scott bessent
Cybersecurity
The AI that found 27-year-old vulnerabilities no human ever caught before just forced an emergency meeting with every major Wall Street CEO
By Jake AngeloApril 10, 2026
  • A16z-backed Infinite Machine is building e-bikes that feel like mopeds. Cyclists may have some qualms
    Newsletters
    A16z-backed Infinite Machine is building e-bikes that feel like mopeds. Cyclists may have some qualms
    By Jessica MathewsApril 8, 2026
Ukraine will have the most important defense industrial base in the free world, former CIA chief predicts
Innovation
Ukraine will have the most important defense industrial base in the free world, former CIA chief predicts
By Jason MaApril 10, 2026
Anthropic is limiting access to its latest AI model, Mythos. The real risks may already be out there
Cybersecurity
Anthropic is limiting access to its latest AI model, Mythos. The real risks may already be out there
By Beatrice NolanApril 10, 2026
‘Downward mobility is incredibly radicalizing’: The college bargain is broken. What comes next could reshape America
Economy
‘Downward mobility is incredibly radicalizing’: The college bargain is broken. What comes next could reshape America
By Nick LichtenbergApril 10, 2026
Who’s really in control as AI and Big Tech race ahead?
Magazine
Who’s really in control as AI and Big Tech race ahead?
By Francesca CassidyApril 10, 2026
Photo: Donald Trump
Economy
U.S. and Iran begin peace talks as Trump’s White House goes to war against the media, insider traders, and the Pope
By Jim EdwardsApril 10, 2026
  • Anthropic co-founder and CEO Dario Amodei speaking at Fortune Brainstorm Tech 2023 in Park City, Utah. (Photo: Stuart Isett/Fortune)
    Newsletters
    Anthropic uses AI to fix software bugs
    By Andrew NuscaApril 8, 2026
Fortune Brainstorm Tech 2019 in Aspen, Colo. (Photo: Fortune)
Newsletters
Who’s speaking at Fortune Brainstorm Tech 2026
By Andrew NuscaApril 10, 2026
Dario Amodei
Newsletters
What Anthropic’s too-dangerous-to-release AI model means for its upcoming IPO
By Beatrice NolanApril 10, 2026
Even Nvidia’s own research teams can’t get enough GPUs amid the race for AI computing power
Newsletters
Even Nvidia’s own research teams can’t get enough GPUs amid the race for AI computing power
By Sharon GoldmanApril 9, 2026
You’re looking at the AI revolution all wrong, top economist says: 40% unemployment and a 3-day work week are the same thing
AI
You’re looking at the AI revolution all wrong, top economist says: 40% unemployment and a 3-day work week are the same thing
By Nick LichtenbergApril 9, 2026
Zoom CEO Eric Yuan
Success
‘I hate working 5 days’: Zoom CEO says traditional work schedules are becoming obsolete—and predicts a 3-day workweek by 2031
By Preston ForeApril 9, 2026
  • Bed Bath & Beyond’s Container Store acquisition echoes past retail mergers that failed to deliver
    Retail
    Bed Bath & Beyond’s Container Store acquisition echoes past retail mergers that failed to deliver
    By Phil WahbaApril 8, 2026
Nutella seen aboard the Orion spacecraft Integrity.
Retail
Nutella jumps on the best product placement money can’t buy: A trip to the far side of the Moon
By Catherina GioinoApril 9, 2026
kash
Cybersecurity
Trump’s ‘cease-fire’ won’t stop Iranian hackers for long, cyber experts say
By David Klepper and The Associated PressApril 9, 2026
lego
Politics
AI-savvy pro-Iran groups troll America with Lego Movie-style propaganda videos mocking American failure
By Sam McNeil and The Associated PressApril 9, 2026
data centers
Energy
Data centers are destroying states’ clean energy dreams
By Jessica Hill and The Associated PressApril 9, 2026
Bobby Healy stands in front of a Manna drone with his arms crossed.
Newsletters
ARK Invest is betting on underdog drone delivery company Manna to compete with Alphabet and Zipline
By Lily Mae LazarusApril 9, 2026
Photo: A fireball rises from a building hit by an Israeli airstrike in the area of Abbasiyeh, on the outskirts of the southern Lebanese city of Tyre, on April 8, 2026. Lebanon's army warned people against returning to the country's south on April 8, where the Israeli military is still launching attacks, as Israel said the ceasefire with Iran did not include its conflict with Hezbollah. (Photo by Kawnat HAJU / AFP via Getty Images)
Politics
Too much fire, not enough cease: Iran tightens its grip on global oil trade on eve of peace talks
By Jim EdwardsApril 9, 2026
Meta chief AI officer Alexandr Wang in New Delhi on February 19, 2026. (Photo: Ludovic Marin/AFP/Getty Images)
Newsletters
Meta takes the wraps off Muse Spark
By Andrew NuscaApril 9, 2026
quiet
AI
White-collar workers are quietly rebelling against AI as 80% outright refuse adoption mandates
By Nick LichtenbergApril 9, 2026
Zuckerberg, dressed a black suit, walks away from a white car.
AI
A Meta employee created a dashboard so coworkers can compete to be the company’s No. 1 AI token user—and Zuckerberg doesn’t even rank in the top 250
By Jacqueline MunisApril 9, 2026
Meta chief AI officer Alexandr Wang
AI
Meta unveils Muse Spark, its first AI model since hiring Alexandr Wang and a bellwether for CEO Mark Zuckerberg’s multibillion-dollar AI push
By Jeremy KahnApril 8, 2026
The New York Times says it found Satoshi Nakamoto, the inventor of Bitcoin. Not so fast
Crypto
The New York Times says it found Satoshi Nakamoto, the inventor of Bitcoin. Not so fast
By Jeff John RobertsApril 8, 2026
Amid the ‘SaaSpocalypse,’ CIOs and CTOs take a harder line with their vendors
Newsletters
Amid the ‘SaaSpocalypse,’ CIOs and CTOs take a harder line with their vendors
By John KellApril 8, 2026
anxious worker
AI
Gen Z workers are so fearful AI will take their job they’re intentionally sabotaging their company’s AI rollout
By Jake AngeloApril 8, 2026
Jimmy Donaldson, aka MrBeast
Success
Self-made billionaire MrBeast says his work-life balance is nonexistent and calls it a ‘miracle’ if he works less than 15-hour days: ‘I live to work’
By Preston ForeApril 8, 2026
Current price of Ethereum for April 8, 2026
Personal Finance
Current price of Ethereum for April 8, 2026
By Joseph HostetlerApril 8, 2026
agent
AI
What do you do when your AI agent hallucinates with your money?
By Nick LichtenbergApril 8, 2026
Who owns ideas in the AI age?
Magazine
Who owns ideas in the AI age?
By Francesca CassidyApril 8, 2026
A year in the life at HP: What matters to its Northern European chief in April 2026? 
Europe
A year in the life at HP: What matters to its Northern European chief in April 2026? 
By Francesca CassidyApril 8, 2026
Photo: Donald Trump
Economy
Trump’s ceasefire gives Iran control of the Strait of Hormuz—and Mojtaba Khamenei is reportedly alive
By Jim EdwardsApril 8, 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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