Generative AI startup Liquid AI completes $250 million early funding round, led by AMD

CoinVoice has learned that, according to Reuters, the generative AI startup Liquid AI has completed an early funding round of $250 million led by chip manufacturer AMD.

Liquid AI has developed the Liquid Foundation Model (LFM), which is said to be smaller and more efficient compared to traditional cloud-based products offered by OpenAI, AWS, and Google Cloud, making it suitable for enterprise use.

This funding will help Liquid AI scale its infrastructure and develop customized LFM for industries such as consumer electronics, biotechnology, telecommunications, financial services, and e-commerce. [Original link]