Voice AI engine and OpenAI partner LiveKit hit $1B valuation

LiveKit, a software developer for cutting-edge AI audio and video tools, is he announced 100 million dollars at a cost of $1 billion.

Roundup, which comes 10 months after LiveKit collecting money in the pastwas led by Index Ventures with participation from previous investors, including Altimeter Capital Management, Hanabi Capital, and Redpoint Ventures.

LiveKit supports OpenAI’s ChatGPT voice. Some of the startup’s customers include xAI, Salesforce, Tesla, as well as 911 emergency operators and mental health providers.

The company was founded in 2021 by Russ d’Sa and David Zhao as an open project to develop software that can transmit audio and video in real time without interruption, in a time when the whole world meets on Zoom during the pandemic.

Although LiveKit started as a free tool, the business took off when the founders realized that large companies wanted a cloud-based version and started offering this to businesses in the context of the AI ​​boom.