Venture capital will soon back a new “AI-native” alternative to college.

VC firm Andreessen Horowitz is investing $35 million into a for-profit academy in San Francisco, which will accept an initial class of about 50 students for a free, one-year program. If approved by regulators, the school plans to charge a tuition “equal or more to elite private universities” for a full two-year program. The school’s CEO, Udemy co-founder Gagan Biyani, said the vast majority of students’ time will be spent working on projects or building out their ideas.

The effort is part of a growing push in Silicon Valley to bypass traditional education in favor of a hands-on apprenticeship, and applications for the first class are open.

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As the average price for diesel in the U.S. hit $6.51 per gallon on Tuesday, President Donald Trump said he supports a ban on diesel exports, though experts are skeptical that would lead to lower prices.

Billionaire tech moguls collectively worth trillions of dollars are set to join President Donald Trump and Chinese President Xi Jinping at a state dinner this week, amid a backdrop of warnings about AI’s threats to humanity.

Wealth Entrepreneurship

For the first time in 40 years, 90-year-old activist investor Carl Icahn fell short of the Forbes 400 ranking of America’s wealthiest by around $200 million. His fortune’s decline has been in the works for years, as the billionaire’s funds lost money in seven of nine years between........

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