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."
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[@AnujJauhari-ig7rh]

can someone give an example of "Complex work"?

[@twoplustwo5]

🎯 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

[@davea136]

But what does it actually DO?
Nobody cares. Like Palantir, no visible results, but once you've embraced it you can't admit you've been conned.