Babuschkin co-founded by xAI along with Elon Musk

Aug 11, 2026

05:48 pm

What's the storyRiver AI, a full-stack artificial intelligence (AI) company founded by xAI co-founder Igor Babuschkin, has raised $1.1 billion in funding.

The round was led by General Catalyst and AMP PBC, with strategic investments from NVIDIA and AMD Ventures. Other investors include Y Combinator and Temasek.