River AI Secures $1.1B Funding Round With NVIDIA And AMD Participation

River AI closes $1.1B financing led by General Catalyst and AMP PBC, with strategic backing from NVIDIA, AMD, Y Combinator, and Temasek.

Woofun AI reports that River AI, established by xAI co-founder Igor Babuschkin, has finalized a $1.1 billion funding round. General Catalyst and AMP PBC served as lead investors, while NVIDIA and AMD joined the investment alongside strategic contributions from Y Combinator and Temasek.