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An Entrepreneur’s $9 Billion Bet On High-Speed Passenger Rail In America | Forbes

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Entrepreneur Wes Eden has a vision: tax-exempt bonds to create high-speed train lines linking Orlando to Miami and Las Vegas to Southern California. He sees a service modeled on the Paris-to-London Eurostar and is so confident the plan will work that he’s put more than $100 million of his own money into it. If things go right, his trains could haul nearly 20 million passengers in 2026, generate annual revenue of $1.6 billion and operating profit of almost $1 billion a year.

In a post-Covid world, as people settle in for a period of minimal travel, especially if it involves being squeezed among others, a bet on train service sounds downright crazy, especially since it comes with a $9 billion price tag.

Read the full profile on Forbes: https://www.forbes.com/sites/alanohnsman/2020/06/11/inside-a-wall-street-tycoons-plan-to-get-americans-off-the-highway—and-on-his-trains/#6eaf50cf7a04

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How Entrepreneur Rhonesha Byng Created A Mantra From Her Name | Unfiltered | Forbes

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This week on Unfiltered, we spoke with Her Agenda Founder and CEO Rhonesha Byng to talk about how she went from high school intern to publication founder, how she used her name to create a motto and how she deals with her fear of failing her community.

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Will Joe Biden Raise Taxes and Crush the Economy? – Steve Forbes | What’s Ahead | Forbes

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Will Joe Biden’s $700 billion tax plan — which will raise taxes — help or hurt the economy? Steve Forbes on what Americans can expect if the Democrats win the White House this November.

What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
#SteveForbes #WhatsAhead

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America’s Most Promising Artificial Intelligence Companies | Forbes

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Artificial intelligence is beginning to be usefully deployed in almost every industry from customer call centers and finance to drug research. Yet the field is also plagued by relentless hype, opaque jargon and esoteric technology making it difficult for outsiders identify the most interesting companies.

To cut through the spin, Forbes partnered with venture firms Sequoia Capital and Meritech Capital to create our second annual AI 50, a list of private, U.S.-based companies that are using artificial intelligence in meaningful business-oriented ways. To be included, companies had to be privately-held and focused on techniques like machine learning (where systems learn from data to improve on tasks), natural language processing (which enables programs to “understand” written or spoken language), or computer vision (which relates to how machines “see”).

The list was compiled through a submission process open to any AI company in the U.S. The application asked companies to provide details on their technology, business model, customers and financials like funding, valuation and revenue history (companies had the option to submit information confidentially, to encourage greater transparency). In total, Forbes received about 400 entries. From there, our VC partners applied an algorithm to identify the 100 with the highest quantitative scores and then a panel of eight expert AI judges identified the 50 most compelling companies.

Read the full profile on Forbes: https://www.forbes.com/sites/alanohnsman/2020/07/03/ai-50-americas-most-promising-artificial-intelligence-companies/#6244263a5c99

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