AI startup Liquid AI raises $250 million in early funding, led by AMD

ChainCatcher news, according to Reuters, generative artificial intelligence startup Liquid AI has announced that it has completed a $250 million early funding round led by chip manufacturer Advanced Micro Devices (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.