Americans want more financial advisors, but every day there are fewer to go around. One New York-based startup wants to help ease the squeeze by using AI to take paperwork and other routine tasks off advisors’ plates, giving them more time for clients. Nevis, a 70-person company launched in October 2024 by former executives at
Claire Smilow has spent years scouting talented people before they become the next big thing in tech. That instinct paid off in 2019, when she was blown away by a sophomore at MIT who already had a strategic and commercial vision. Smilow played the long game in seeing his talents through—and it led to a
That’s precisely what it sounds like, by the way. In 2017, Jim Belosic was building out what was once a Ford Model A—most famously produced in the late 1920s—to run on a steam engine. “It’s an art,” said Belosic of engineering and re-engineering classic cars. “It starts small, and at some point you’re building drag-racing
Steven Prast is old enough to remember when a mobile phone came in a bag. It was too heavy to carry around, so most people mounted it in the car. Prast argued in a Zoom interview with Fortune that what eventually shrank it into something you wear on your wrist was more the battery than
In much of industrial America, a sale still starts with a spec sheet, an inbox and a rep who has worked the account for 20 years. Emanate wants AI to do that job, and now it has one of the country’s largest private companies in its corner. Koch Disruptive Technologies, the venture arm of Koch,
Ray Kurzweil, the pioneering AI scientist and Google researcher and “AI Visionary,” is joining a Silicon Valley startup developing a method to put computers in the brain by snorting nano particles. Subsense, a four-year old company developing brain computer interface technology, announced the news alongside Kurzweil at an event at its Palo Alto, California headquarters
