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AI Startup Hebbia Raises $130M to Help Firms Parse Data

Hebbia, a startup using artificial intelligence to help businesses sift through all kinds of documents to answer complex questions, has raised $130 million in a funding round — the latest sign of investor enthusiasm for deploying AI in the workplace. Hebbia CEO George Sivulka joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like…

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Hebbia, a startup using artificial intelligence to help businesses sift through all kinds of documents to answer complex questions, has raised $130 million in a funding round — the latest sign of investor enthusiasm for deploying AI in the workplace. Hebbia CEO George Sivulka joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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3 Comments

3 Comments

  1. @AnujJauhari-ig7rh

    July 8, 2024 at 2:47 pm

    can someone give an example of “Complex work”?

  2. @BUY_YT_Views_979

    July 8, 2024 at 6:33 pm

    One of my favorite up and coming channels

  3. @twoplustwo5

    July 9, 2024 at 7:11 am

    ???? Key points for quick navigation:

    00:00 *???? Current Landscape in AI*
    – The problem with AI companies focusing on single tasks.
    – Hebbia’s approach to building AI that handles complex tasks end-to-end.
    – Importance of AI delivering serious and quantifiable value.
    01:31 *???? Challenges and Innovations in Multimodal AI*
    – Integration of multimodal capabilities in AI systems.
    – Hebbia’s model-agnostic approach.
    – Adoption of multimodal models by financial and major companies for quantifiable value.
    02:29 *???? Business Growth and Future Plans*
    – Company’s rapid growth and client acquisition in the financial sector.
    – Plans to expand into other verticals like legal.
    – Significant revenue growth and increased headcount, indicating a prime time for building an AI company in New York.

    Made with HARPA AI

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Bloomberg Technology

Why the AI Backlash Is Getting Worse

A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.” Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the…

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A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.”

Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the Everybody’s Business podcast to discuss why the backlash against all things AI is getting worse.
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Bloomberg Technology

UK Executives See More AI Job Cuts

Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit. Irina Anghel explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit.

Irina Anghel explains.
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Bloomberg Technology

NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says

Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday. ——– Like this video? Subscribe to Bloomberg Technology…

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Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday.
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