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Exploring the Greek Tech Boom: Marathon VC’s €75M Milestone

Marathon Venture Capital in Athens has secured a new €75 million fund, enhancing its total assets under management to €175 million. This achievement underscores significant exits like Augmenta’s $110 million valuation sale. Meanwhile, Hack the Box was partially sold to Carlyle, highlighting Marathon’s successful investment strategies.

Examining the Rise of Greek Tech Innovation

Greece’s tech scene is heating up, with Marathon VC at the forefront. Factors like emerging tech trends, including AI and robotics, have contributed to their growing success and ability to raise substantial funds even amid today’s challenging global landscape.

Navigating International Markets

Despite Greek startups traditionally focusing domestically, Marathon’s portfolio thrives by exporting services globally—a strategy resonating with major corporations like those in Fortune 500.

Adapting to Global Economic Challenges

The global challenge of fewer IPOs and extended venture holding periods hasn’t fazed Marathon. By keeping fund sizes manageable and maintaining substantial equity, they create a profitable ecosystem through strategic M&As and secondary sales.

The Future for Marathon and Greek Startups

Marathon VC remains committed to capturing unique market opportunities, championing sectors that historically received less attention from other European VCs.

OpenAI Releases GDPval Benchmark To Gauge AI Performance Against Human Experts

New Benchmark Sheds Light on AI’s Capabilities

OpenAI has unveiled GDPval, a new benchmark designed to evaluate its AI models against human professionals across a broad spectrum of industries. This initiative represents a critical step in understanding how far today’s AI is from matching or surpassing the work quality of experts in sectors such as healthcare, finance, manufacturing, and government.

Methodology and Industry Scope

The GDPval benchmark focuses on nine major industries contributing to America’s gross domestic product and tests AI performance in 44 distinct occupations—from software engineering to nursing and journalism. In its initial version, GDPval-v0, industry professionals compared reports generated by AI models with those produced by their human counterparts. For instance, investment bankers were tasked with evaluating competitor landscape analyses for the last-mile delivery industry, ensuring that the assessment reflects real-world complexity.

Comparative Performance: AI Advances and Limitations

Results indicate promising progress; OpenAI’s GPT-5-high, an enhanced iteration of its flagship model, achieved a win rate of 40.6% when compared head-to-head with industry veterans. More notably, Anthropic’s Claude Opus 4.1 reached nearly 49% on similar criteria. However, OpenAI acknowledges that these models are not yet positioned to replace human labor entirely, as the current iteration of GDPval covers a narrow slice of actual job responsibilities.

Expert Insights and Future Directions

In a discussion with TechCrunch, OpenAI’s chief economist, Dr. Aaron Chatterji, noted that the benchmark’s favorable outcomes suggest professionals may soon delegate routine tasks to AI. This, he argued, will free up valuable time for focusing on higher-impact work. Industry observer Tejal Patwardhan also expressed optimism, emphasizing the significant performance leap from GPT-4’s 13.7% score to nearly triple that figure with GPT-5.

Benchmarking And The Road To Comprehensive AI Evaluation

While GDPval represents an early milestone, it aligns with a broader effort among Silicon Valley titans to create robust testing frameworks, such as AIME 2025 and GPQA Diamond, that better quantify AI proficiency for real-world applications. OpenAI plans to expand GDPval to encapsulate more industries and interactive workflows, aiming to bolster its claims about AI’s growing economic value.

As the benchmark evolves, GDPval could play an instrumental role in the ongoing debate around artificial general intelligence, highlighting the potential and limitations of AI models poised to reshape the modern workforce.

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