  We show that a simple scheme based on nondegenerate four-wave mixing in a hot
atomic vapor behaves like a near-perfect phase-insensitive optical amplifier,
which can generate bright twin beams with a measured quantum noise reduction in
the intensity difference of more than 8 dB, close to the best optical
parametric amplifiers and oscillators. The absence of a cavity makes the system
immune to external perturbations, and the strong quantum noise reduction is
observed over a large frequency range.
