River AI Completes $1.1 Billion Financing, NVIDIA and AMD Participate in Investment

TechFlow reports, on August 11, according to River AI's announcement, River AI, founded by xAI co-founder Igor Babuschkin, has completed a $1.1 billion funding round, led by General Catalyst and AMP, with NVIDIA and AMD participating in strategic investment; other investors also include Y Combinator and Temasek.

River AI stated that the existing funding will be used to accelerate the building of its personal AI technology stack. The company also revealed that its training API has gone live and has been put into practical use.