Preston Fore here. Landing a defense contract has historically meant navigating layers of government bureaucracy, with proposals often taking years to turn into cash. But software unicorn Code Metal is getting something new defense contractors rarely get from the Pentagon: speed. The Boston-based firm just landed an $80 million contract to modernize and AI-enable WarMatrix,
It’s an AI world and we’re all just living in it. PitchBook released its Q2 2026 U.S. VC Valuations data this week, and the report aligns with the skewed venture market we’ve come to know: Investors are willing to pay up for a few anointed AI companies, and (almost) everything else is a pass or
Whatnot, started in a Funko Pop-flooded rental house, is now a $20 billion company. The live commerce platform exclusively told Fortune it recently raised its $545 million Series G, almost doubling Whatnot’s valuation from $11.5 billion in its October 2025 round. It’s an unlikely story in all sorts of ways, from the tech giant’s previous
Even in the age of AI-powered autonomous cyberattacks, the crude, tried and tested hacking techniques of tricking victims into doing things they shouldn’t are still producing great results. Groups of unknown hackers are targeting and breaking into large financial and investment firms in the United States with the goal of stealing sensitive data to extort
The last century was fueled by oil and gas. Turner Caldwell is betting the next century runs on metals. “We’re entering a metals-driven economy,” said Caldwell, CEO and cofounder at Mariana Minerals, a software-focused mining startup. “Lithium and copper are going to be core, but our mandate needs to be broader than that. We’re starting
The 24 year-old spent six summers pressure washing houses in upstate New York with his dad. Now he has a Wharton degree, and just raised $40 million from two of the most competitive names in venture capital to fix blue-collar and home services problems at scale. Probook, his New York-based startup, raised a $34 million