Generative artificial intelligence startup Liquid AI has announced the closure of a $250m early-stage funding round. The round was led by chipmaker Advanced Micro Devices (AMD), which is also a strategic partner to the Cambridge, Massachusetts-based company. This investment aims to bolster Liquid AI’s development of Liquid Foundation Models (LFMs), which are lightweight, general purpose AI models for enterprise use. The company’s LFMs are positioned as an alternative to traditional cloud-based AI models offered by companies such as OpenAI, AWS, and Google Cloud, reported Reuters. The partnership with AMD will enable Liquid AI to optimise these LFMs with graphic, central, and neural processing units. This collaboration is expected to enhance the performance and scalability of LFMs. The company has already released text-based models and announced multimodal LFMs, showcasing their potential in real-world applications.

Full report : Liquid AI which is developing liquid foundational model of generative AI secures $250m funding.