River AI raises $1.1B led by General Catalyst and AMP PBC to accelerate the development of its open AI stack.
PRIVATEAug 11, 2026
Amount Raised
$1.1 Billion
Round Type
Venture
Palo AltoSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingImage RecognitionComputer Vision
Investors
Y CombinatorTemasekNvidiaAMD VenturesGeneral CatalystAmp Pbc
Description
River AI has successfully secured $1.1 billion in funding, led by General Catalyst and AMP PBC. This investment will support River AI's mission to build powerful personal AI tools for developers and companies. Strategic investments also came from NVIDIA and AMD Ventures, alongside contributions from Y Combinator and Temasek. The capital raised will enhance the company's capabilities in AI model training and deployment.
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Company Information
Company
River AI
Location
Palo Alto, California, United States
About
River AI is a full-stack AI company founded by xAI co-founder Igor Babuschkin. The company focuses on building powerful personal AI and providing tools for developers and companies to train, tune, and serve their own AI models. River AI aims to give ownership of AI directly to users.
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