River AI Secures $1.1 Billion in Funding with Participation from NVIDIA and AMD

Odaily reported that River AI, founded by xAI co-founder Igor Babuschkin, announced it has raised $1.1 billion in funding. The round was led by General Catalyst and AMP PBC, with participation from NVIDIA and AMD. The investment also includes strategic contributions from Y Combinator and Temasek.