What is LiveKit and what does it do?

LiveKit develops infrastructure software for real-time AI voice and video applications, enabling seamless audio and video transmission.

Which major AI application uses LiveKit's technology?

LiveKit powers the voice mode for OpenAI's ChatGPT, a widely recognized AI application.

When was LiveKit founded and what was its initial purpose?

LiveKit was founded in 2021 as an open-source project to build apps for real-time audio and video transmission.

Home / Business and Economy / LiveKit Powers ChatGPT Voice, Raises $100M

LiveKit Powers ChatGPT Voice, Raises $100M

23 Jan

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Summary

LiveKit achieved a $1 billion valuation after raising $100 million.
The company's infrastructure powers OpenAI's ChatGPT voice mode.
Founded in 2021, LiveKit offers real-time audio and video solutions.

LiveKit Powers ChatGPT Voice, Raises $100M

LiveKit has announced a significant funding achievement, securing $100 million and reaching a $1 billion valuation. This substantial investment was spearheaded by Index Ventures, with continued support from existing investors including Altimeter Capital Management, Hanabi Capital, and Redpoint Ventures. The funding round closed ten months after the company's previous fundraising.

Founded in 2021 by Russ d'Sa and David Zhao, LiveKit originated as an open-source project aimed at facilitating uninterrupted real-time audio and video communication. The company's technology is integral to major AI applications, notably powering the voice mode for OpenAI's ChatGPT.

LiveKit's client roster extends to prominent entities such as xAI, Salesforce, and Tesla. Furthermore, its services are utilized by critical sectors, including 911 emergency services and mental health providers, highlighting the broad applicability and reliability of its infrastructure. The company's growth accelerated as it began offering managed cloud services to enterprises, capitalizing on the burgeoning voice AI market.