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Voice AI engine and OpenAI partner LiveKit hits $1B valuation
## LiveKit: A new unicorn in voice AI
LiveKit, a five-year-old startup specializing in voice AI engines and an OpenAI partner, has announced that it has reached a valuation of $1 billion.
This significant milestone was made possible by a $100 million funding round led by Index Ventures. The capital injection will allow LiveKit to further accelerate the development of its technologies and expand its market presence.
## The AI Market Context
The artificial intelligence sector is rapidly expanding, with an increasing number of companies developing innovative solutions in various fields, from computer vision to natural language processing. Voice AI, in particular, is experiencing a period of significant growth, thanks to the increasing demand for virtual assistants, speech recognition systems, and other voice-based applications.
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