XAI co-founder's startup River AI raises $1.1 billion to expand custom AI tools
CNA·
- River AI, founded by xAI co-founder Igor Babuschkin, raised $1.1 billion in a funding round led by General Catalyst and AMP PBC.
- Additional strategic investors included Nvidia, AMD Ventures, Y Combinator, and Temasek to support custom AI tools.
- The startup aims to help enterprises build personalized open-weight models using its cost-effective and efficient reinforcement-learning training API.