a year ago

LiveKit Raises $22.7M to Build 'Nervous System' for AI

  • LiveKit, a three-year-old startup building network infrastructure for AI models, has raised $22.7 million in Series A funding led by Altimeter Capital

  • The company's tools are used by developers at firms like OpenAI, Character AI, Spotify and Meta, and last year it posted an annual run rate of $3 million

  • LiveKit's technology addresses the need for faster, more efficient network infrastructure to support multimodal AI models that can process and generate content across audio and visual formats

  • The company's tools are already used by some 20,000 developers, and its open source tools are also being used to power customer support calls, schedule appointments with patients at hospitals, drive autonomous tractors in farms and carry out a quarter of 911 dispatch calls.

      • ProblemTechnology

      "The current internet infrastructure is not optimized to transport multimodal data in and out of AI models, causing lag time and making it difficult to create high-bandwidth applications like videos and audio."

      Solution

      "LiveKit is building a high-speed network infrastructure that uses a protocol called UDP to stream audio and video content without needing to confirm each packet, making it faster and more efficient for AI models to process and generate content across multiple formats."

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