[River AI Completes $1.1 Billion Financing, NVIDIA and AMD Participate in Investment] According to River AI's announcement, River AI, founded by xAI co-founder Igor Babuschkin, has completed $1.1 billion in financing. This round was led by General Catalyst and AMP, with strategic investments from NVIDIA and AMD. Other investors include Y Combinator and Temasek. The funds will be used to advance the development of personal AI technology stacks, and its training API has already been launched and put into application.