AMD Backs River AI in $1.1B Funding Round Led by General Catalyst
River AI announced a US$1.1 billion funding round led by General Catalyst and AMP PBC, with strategic investment from AMD and NVIDIA. The round also includes investors such as Y Combinator and Temasek, aiming to accelerate River AI’s effort to build personal AI and provide tools for developers and companies to train, tune, and serve their own models.