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River AI, Founded by xAI Co-founder, Raises $1.1 Billion with Participation from NVIDIA and AMD
2026-08-12 /
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Author：小编
On August 11, River AI, founded by Igor Babuschkin, co-founder of xAI, announced the completion of a $1.1 billion funding round. This round was led by General Catalyst and AMP PBC, with participation from NVIDIA and AMD Ventures, as well as investments from Y Combinator and Temasek. River AI is dedicated to building an open AI technology stack, providing developers and enterprises with tools to train, fine-tune, and deploy their own AI models.
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