PANews December 14 news, according to Reuters, generative AI startup Liquid AI announced that it has completed an early financing round of $250 million led by chip manufacturer Advanced Micro Devices (AMD). Liquid AI has developed the Liquid Foundation Model (LFM), which is claimed 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.
