What happened
LiveKit, a five-year-old voice AI engine provider that powers OpenAI's ChatGPT voice mode, secured $100 million in Series C funding led by Index Ventures, achieving a $1 billion valuation. This investment expands LiveKit's financial capacity and operational runway, enabling platform expansion across new compute, storage, and network services designed for voice and computer vision-driven computing interfaces. LiveKit provides an open-source framework and global edge network, facilitating billions of calls annually for over 200,000 developers and organizations including OpenAI, xAI, Salesforce, Coursera, and Spotify.
Why it matters
The increased valuation and funding for LiveKit, a critical voice AI engine provider for OpenAI's ChatGPT, introduces a tightened dependency for platform operators utilising their services. This raises the oversight burden for procurement and IT security teams, requiring enhanced due diligence on the stability and long-term strategic alignment of a now highly valued, yet still young, vendor. The expanded operational capacity also shifts the control landscape for integrating voice and computer vision AI, necessitating updated assessments of new capabilities and potential exposures.
