AIThe Next Webabout 2 hours ago
River AI raises $1.1bn for open model training
1 min read
River AI raised $1.1bn led by General Catalyst and AMP PBC, with NVIDIA, AMD Ventures, Y Combinator, and Temasek participating. Founded by xAI co-founder Igor Babuschkin, the Palo Alto company sells an API for fine-tuning and reinforcement learning on open weight models. No valuation was disclosed.
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