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Liquid AI raises $37.6M to build ‘liquid’ neural networks - SiliconANGLE

Dec 06, 2023 - siliconangle.com
Liquid AI Inc., a startup developing artificial intelligence models based on a liquid neural network design, has raised $37.6 million in seed funding led by OSS Capital and PagsGroup, with participation from Samsung Electronics Co. Ltd.’s Next fund, WordPress developer Automattic Inc., Red Hat co-founder Bob Young, and others. The investment reportedly values the company at $303 million. Liquid AI, led by CEO Daniela Rus, is working on commercializing liquid neural networks, a new type of AI that can perform tasks more reliably than traditional models using significantly less power.

Liquid neural networks can modify the equations that underpin their neurons and change how those neurons interact with each other, making them more adaptable than traditional AI models. They can also be implemented with fewer neurons and require fewer parameters, reducing the infrastructure needed to run them. Liquid AI plans to use the funding to build commercial foundation models and launch a platform that will enable customers to develop their own liquid neural networks. The company also plans to hire eight additional employees in the coming months to support its go-to-market efforts.

Key takeaways:

  • Liquid AI Inc., a startup developing AI models based on liquid neural network design, has raised $37.6 million in seed funding.
  • The company's liquid neural networks can modify their own architecture, making them more adaptable than traditional AI models and can more easily adapt to new situations, reducing the risk of processing errors.
  • Liquid neural networks can be implemented with significantly fewer neurons than traditional AI models and require fewer parameters, reducing the amount of infrastructure necessary to run them.
  • Liquid AI plans to use the funding to build commercial foundation models and launch a platform that will enable customers to develop their own liquid neural networks.
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