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Term Sheet

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Fortune’s Term Sheet newsletter covers the latest news, insights, and analysis on private equity, venture capital, start-ups, mergers and acquisitions, high-value deals, and the dealmakers behind them. Subscribe to receive Term Sheet in your inbox every weekday morning. Sign up here.
Moonshot, DeepSeek, and the Great Chinese AI IPO Rush
Startups & Venture
Moonshot, DeepSeek, and the Great Chinese AI IPO Rush
By Nicholas GordonJuly 23, 2026
Doug Proctor (left) and Nick Perry (right)
Startups & Venture
Candid Health raises $120 million to take on America’s $280 billion medical billing mess
By Lily Mae LazarusJuly 22, 2026
all five founders of SkyPilot pose for a photo
Startups & Venture
SkyPilot, from Databricks’ cofounder, raises $20M to be the Switzerland of AI compute
By Lily Mae LazarusJuly 21, 2026
Pharmacy technician Brandy Leroy fills a TPN bag using the ExactaMix Pro Automated Compounding System
Startups & Venture
The FDA’s peptide vote could create telehealth’s next multibillion-dollar market
By Lily Mae LazarusJuly 20, 2026
Suno Ai on a phone screen with Warner Music Group's logo in the background.
Startups & Venture
The VC betting $5.4 billion that Suno is the future of music
By Lily Mae LazarusJuly 17, 2026
Bunkerhill Health raises $55 million to put AI agents to work inside hospitals
Newsletters
Bunkerhill Health raises $55 million to put AI agents to work inside hospitals
By Allie GarfinkleJuly 16, 2026
Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
Newsletters
Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
By Allie GarfinkleJuly 15, 2026
Why is a satellite like a race car? Apex and Toyota’s racing division have an answer
Newsletters
Why is a satellite like a race car? Apex and Toyota’s racing division have an answer
By Allie GarfinkleJuly 14, 2026
Max Buchan on stage holding a microphone
Startups & Venture
Valarian raises $50 million to help governments and enterprises escape America’s cloud grip
By Lily Mae LazarusJuly 13, 2026
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
Newsletters
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
By Allie GarfinkleJuly 10, 2026
Brendan Foody smiles on stage sitting in a chair.
AI
AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup
By Lily Mae LazarusJuly 9, 2026
Meta chief AI officer Alexandr Wang
Newsletters
The 38-point framework two VCs use to spot the next unicorn founder
By Allie GarfinkleJuly 8, 2026
Hussein Fazal poses in front of the Super.com NASCAR car
Startups & Venture
The $1.2 billion startup that wants to become Amazon Prime for savings
By Lily Mae LazarusJuly 7, 2026
David Senra smiles in front of a white background
Startups & Venture
David Senra, your favorite billionaire’s favorite podcaster, has turned down every acquisition offer. Here’s why
By Lily Mae LazarusJuly 6, 2026
A test of Anduril's Altius drone.
Newsletters
Defense tech could be entering its awkward teenage years. Is the boom a bubble?
By Allie GarfinkleJuly 2, 2026
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Most Popular
Success
After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spentplaceholder alt text
By Sydney LakeAugust 11, 2026
North America
Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he losesplaceholder alt text
By Sasha RogelbergAugust 11, 2026
Economy
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lenderplaceholder alt text
By Eleanor PringleAugust 11, 2026
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