River AI Raises $1.1 Billion in Funding with Participation from Nvidia and AMD

2026-08-11 19:40 Source： www.businesswire.com Event types： Financing/Fundraising

Odaily News: River AI, founded by xAI co-founder Igor Babuschkin, has announced a $1.1 billion funding round, led by General Catalyst and AMP PBC, with participation from Nvidia and AMD. The round also includes strategic investments from Y Combinator and Temasek.

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