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River AI Raises $1.1 Billion in Funding, with NVIDIA and AMD Participating

2026-08-11 11:40

Odaily Planet Daily News: River AI, founded by xAI co-founder Igor Babuschkin, announced it has secured $1.1 billion in funding, led by General Catalyst and AMP PBC, with NVIDIA and AMD also participating in the investment. The round also includes strategic investments from Y Combinator and Temasek.