Boston Celtics

Celtics co-owner is a lead investor in a new MIT AI spinoff

From left, co-founders Ramin Hasani, Daniela Rus, Alexander Amini and Mathias Lechner.

The family office of Boston Celtics co-owner Steve Pagliuca is one of the lead investors in an MIT spinoff developing a new generation of AI foundation models.

The startup, Liquid AI, announced a $37.5 million investment in seed capital. The funding was led by Pagliuca's family office, PagsGroup, and OSS Capital, with additional investors such as Tobias Lütke, Shopify co-founder; David Blundin of Link Ventures; Breyer Capital and Tom Preston-Werner, Github co-founder.

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