Rillet, a two-year-old startup building what it calls the first truly AI-native accounting platform, has raised a $100 million Series C at a $1 billion valuation, the company told Fortune exclusively—joining the ranks of AI-era unicorns racing to unseat decades-old enterprise software giants. The round, led by ICONIQ with participation from returning backers Sequoia Capital,
Achieving a blistering, restaurant-quality pizza crust in your home oven requires high, sustained heat that a sheet pan can’t deliver. Pizza stones and steels solve this problem by absorbing heat and transferring it directly into the dough, mimicking the effects of a commercial brick or wood fire pizza oven. To find the absolute best options,
The U.S. national debt is hurtling toward $40 trillion, and Bank of America Research strategist Michael Hartnett’s “Anything but Bonds” framework is becoming ever more applicable. Boiled down, Hartnett warns the US is accumulating too much debt, which causes the government to issue too many bonds—and investors want compensation for the fiscal risk—making long-duration Treasurys
Pennsylvania Gov. Josh Shapiro is cracking down on data centers, becoming the latest state leader to scale back support for the massive facilities critical to the future of AI. Shapiro painted a stark picture of communities being overrun by half-baked data center proposals, even as he stressed that only five such facilities have the permits
What came first—the chicken or the egg? Or in AI’s case, the investment or the revenue? Nvidia is guaranteeing up to $105 billion for OpenAI’s planned data center campus in Pike County, Ohio, coming in lower than the roughly $250 billion guarantee it was considering, according to reporting by the Wall Street Journal and CNBC.
For years, American Airlines bet that travelers would rather watch in-flight movies on their own phones or tablets. No more. On Tuesday, the airline said it plans to install seatback entertainment screens on around 800 single-aisle jets. New Airbus and Boeing jets with the screens will begin arriving in 2028, with retrofits on its existing
