• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

2

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

3

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

1

The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

2

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

3

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
AIstart-ups

Exclusive: Peter Thiel–backed industrial AI startup emerges from stealth with funding from a16z

Nick Lichtenberg
By
Nick Lichtenberg
Nick Lichtenberg
Business Editor
Down Arrow Button Icon
Nick Lichtenberg
By
Nick Lichtenberg
Nick Lichtenberg
Business Editor
Down Arrow Button Icon
February 9, 2026, 12:00 PM ET
kiara
Kiara Nirghin, founder of EmanateCourtesy of Emanate
Add Fortune on Google for similar content.

In a move that signals the next phase of the artificial intelligence boom, Emanate, an AI startup focused on the gritty reality of America’s industrial supply chain, has emerged from stealth. Backed by venture capital heavyweight Andreessen Horowitz (a16z) and led by Gen Z standout Kiara Nirghin, the company aims to modernize the “physical economy” through the deployment of autonomous revenue agents.

Recommended Video

Nirghin, a Thiel fellow as well as the youngest board member of the Google Impact Fund, has won backing for Emanate from Peter Thiel himself, as well as Reddit cofounder Alexis Ohanian and other prominent angels. San Francisco–based Emanate was founded in 2025 and is currently staffed by a small, tight-knit group of under 10 AI engineers and product designers. Billing itself as the first AI revenue engine built for industrial materials companies, it projects its revenue will grow nearly 50-fold in the coming months as it deepens design partnerships with leading industrial distributors.

Emanate’s debut is part of a16z’s broader investment thesis that prioritizes companies supporting national interests, such as logistics, industrials, and critical infrastructure.

Nirghin, who is also a Stanford AI researcher and former Grand Prize winner of the Google Science Fair, said she wants Emanate’s impact to go far beyond California. “So far, most AI benefits have gone to Silicon Valley. We’re bringing them to the industries that build America,” said Nirghin.

For a16z, the investment underscores a belief that the “biggest remaining AI upside” lies in sectors like energy and industrial distribution rather than classic software. General partner Ben Horowitz, nodding to the firm’s recent $15 billion fundraise (its largest ever), emphasized the necessity of American technological leadership: “At this moment of profound technological opportunity, it is fundamentally important for humanity that America wins … Our mission is ensuring that America wins the next 100 years of technology.”

Revolutionizing the backbone of America

Emanate targets the industrial materials sector—a $5 trillion market comprising distributors, service centers, and suppliers. Despite being the backbone of the economy, this sector has historically lagged in digital adoption. Emanate’s thesis holds that these businesses are leaving billions on the table owing to reliance on manual processes. Because industrial distribution involves custom pricing, nonstandard specifications, and complex processing services, every revenue-generating operation typically requires human intervention.

The consequences of these legacy workflows are severe: Inbound demand via phone and email is often lost owing to slow response times, and pricing decisions are frequently made on gut instinct rather than data.

In December 2025, Nirghin appeared at Fortune Brainstorm AI in San Francisco and argued that her generation, Gen Z, is AI native, viewing the technology as more of a language than a tool to be adopted. “We aren’t thinking about coding from scratch,” she said. “We’re thinking about coding with a coding agent side by side.” This is a fundamental change in “how you write, how you take tests, how you apply to jobs or different applications, because it’s not from the ground up … I think what that really means is that this broad level of use cases and applications we’re seeing is really being pioneered by the younger generation.”

Emanate’s solution is a network of autonomous AI agents designed to handle these operations end-to-end. Unlike previous waves of enterprise AI that focused on chatbots or simple automation, Emanate’s agents are capable of converting inbound demand 24/7 across multiple channels, nurturing existing customer relationships, and intelligently researching new prospects by scouring web and industry databases at speeds human teams cannot match.

“These companies deserve the same AI superpowers that tech companies take for granted,” Nirghin said.

The startup differentiates itself from other AI entrants in the logistics space, such as HappyRobot, by focusing strictly on revenue generation. The company claims its product can increase customer revenue by 60% to 80%.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
Nick Lichtenberg
By Nick LichtenbergBusiness Editor
LinkedIn icon

Nick Lichtenberg is business editor and was formerly Fortune's executive editor of global news.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in AI

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in AI

Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply
AIData centers
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply
By Anselm Gibbs and The Associated PressJuly 12, 2026
4 hours ago
Photo: James Murdoch
Big TechJames Murdoch
James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX
By Claire AtkinsonJuly 12, 2026
9 hours ago
An older man sits at a table with a laptop in front of him with his chin resting on his hand.
Future of WorkRetirement
More tech workers are retiring early because they don’t want to deal with AI-related changes: ‘Many people believe it’s overblown’
By Sasha RogelbergJuly 12, 2026
13 hours ago
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
LawOpenAI
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
By Mark Gurman and BloombergJuly 11, 2026
1 day ago
Photo of Phoebe Gates
Startups & VentureEntrepreneurs
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
By Sydney LakeJuly 11, 2026
1 day ago
usa
Commentary250 Years of Innovation
For 250 years, work defined American identity. That era Is ending
By Keith Ferrazzi and Wendy SmithJuly 11, 2026
1 day ago

Most Popular

The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
Middle East
The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
By Jason MaJuly 11, 2026
20 hours ago
'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
Banking
'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
By Nick LichtenbergJuly 11, 2026
1 day ago
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
2 days ago
A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch
Personal Finance
A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch
By Sydney LakeJuly 12, 2026
8 hours ago
Global oil demand is falling, and crude prices are down. But here's why gasoline, diesel and other refined products are still costly
Energy
Global oil demand is falling, and crude prices are down. But here's why gasoline, diesel and other refined products are still costly
By Cathy Bussewitz and The Associated PressJuly 11, 2026
1 day ago
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
Success
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
By Preston ForeJuly 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.