Omega Venture Partners
@omegavp
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Omega Venture Partners is a premier technology venture capital investment firm headquartered in Silicon Valley.
Joined June 2017
🏥✨ Excited to share @omegavp Omega Venture Partners' latest @Forbes insights on healthcare transformation! .Discover how groundbreaking AI advances are: • Revolutionizing clinical care .Read more: #HealthAI #Innovation #FutureOfMedicine #DigitalHealth
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A new #AI-driven Gmail scam targets 2.5 billion users with sophisticated phishing attacks that mimic Google support. Experts warn that even tech-savvy users are being fooled, highlighting the growing risk of AI-powered cyberattacks and the need for advanced security measures.
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According to @theinformation, #OpenAI's internal projections reveal that losses could surge to $14 billion by 2026 due to substantial investments. Despite this, the company is banking on revenue growth from $1 billion in 2024 to $23 billion by 2026 to offset these rising costs.
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Nevada's new #AI system cut the number of students identified as “at risk” by over 200,000. The AI algorithm, designed to allocate resources more efficiently, sparked debates over whether AI can fairly assess students' needs without full transparency.
nytimes.com
The new system cut the number of students deemed “at risk” in the state by 200,000, leading to tough moral and ethical questions over which children deserve extra assistance.
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John J. Hopfield and Geoffrey E. Hinton have been awarded the 2024 #NobelPrize in Physics. They pioneered work in machine learning and artificial neural networks, methods that help computers learn similarly to the human brain. #AI #MachineLearning .
nytimes.com
With work on machine learning that uses artificial neural networks, John J. Hopfield and Geoffrey E. Hinton “showed a completely new way for us to use computers,” the committee said.
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California Governor @GavinNewsom vetoed a groundbreaking #AI safety bill that would have imposed strict regulations on large AI systems. Newsom called the bill flawed and has asked for a rewrite, citing the need for more input from experts.
nytimes.com
The bill would have been the first in the nation to place strict guardrails on the new technology, but Gov. Gavin Newsom said the bill was flawed.
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According to @TechCrunch, @OpenAI may be restructuring next year, moving closer to a traditional for-profit model. 🚨 Reports suggest this shift could remove the profit cap for investors as the company looks to raise $6.5B at a $150B valuation. #AINews #OpenAI.
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🚀 Managing Partner Gaurav Tewari explores how generative #AI enhances transparency and trust. By handling unstructured data (90% of all info), it's revolutionizing data analysis in insurance. Watch the full video ⤵️. .#GenerativeAI #DataAnalysis.
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#AI needs an app to prove it’s not a bubble, say analysts from @GoldmanSachs & @MIT. While some predict a game-changing AI application soon, others remain skeptical. The debate continues as tech giants plan to invest over $1 trillion in AI infrastructure.
cointelegraph.com
Analysts from Goldman Sachs and MIT took a deep dive into artificial intelligence to try and determine if it was a bubble waiting to burst, or just waiting for its killer application.
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🚨 @Nvidia unveils new #AI chips just months after their last launch. CEO Jensen Huang aims for annual updates, accelerating from a previous two-year cycle. The new "Rubin" architecture just debuted, with "Blackwell" set to ship in late 2024. 🖥️💡:.
cnbc.com
Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed "Rubin," ahead of the COMPUTEX tech conference in Taipei.
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🚀 In our recent #InsurTech webinar, Managing Partner @GTMIT explains how #GenerativeAI simplifies complex insurance documents for both customers and agents, enhancing understanding and transparency. Check out the full video below 👇. 📽
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At its annual conference, @Google showcased embedding #AI deeper into its ecosystem. From AI overviews in search to introducing lightweight models and task-performing agents, the tech giant strives to remain a leader in AI. #Google #TechEvolution.
nytimes.com
The tech giant showed off how it would enmesh A.I. more deeply into its products and users’ lives, from search to so-called agents that perform tasks.
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🚀@GTMIT dives into #InsurTech's biggest #AI use case: automating internal processes for operational efficiency. PortCo @TungstenAI is leading the charge, standardizing data collection and incorporating genAI for even better results! . More below👇.
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Our new webinar series kicks off with Managing Partner @GTMIT exploring the dynamic world of #AI and #InsurTech. 📈 Discover how predictive AI continues to transform insurance. Join us! 👇. 🎥 #InsuranceTech #PredictiveAI #GenerativeAI #Innovation.
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Generative #AI is reshaping investment banking, according to @nytimes. Major banks, including @GoldmanSachs and @JPMorgan, are integrating AI technologies to streamline operations junior analysts handle. #Finance #WallStreet #Innovation #TechNews.
nytimes.com
Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance.
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📈 @Intel unveils the Gaudi 3 chip, claiming it trains large language models 50% faster than @Nvidia's H100. Rivaling Nvidia's announcement of the new Blackwell GPU, Intel challenges its dominance in the AI chip market. #AI #TechNews.
reuters.com
Intel detailed a new version of its artificial intelligence chip at its Vision event on Tuesday that takes aim at Nvidia's dominance in semiconductors that power AI.
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