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Deepgram acquires Daily, maker of open-source Pipecat voice framework

Deepgram announced Thursday it has acquired Daily, the company behind the widely used open-source voice AI framework Pipecat, which manages real-time voice and video pipelines including speech-to-text, LLMs, and text-to-speech. Financial terms were not disclosed, but both companies said Pipecat will remain open-source. Daily had raised over $62 million from investors including Tiger Global and Nat Friedman, while Deepgram became a unicorn earlier this year after a $130 million Series C round.