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River AI Secures $1.1B to Build Personal Agents | Tech News
Description
River, the AI startup building deeply personal assistants, just raised $1.1 billion led by General Catalyst and AMP PBC—with Nvidia and AMD joining—aiming to overhaul how AI is trained, built, and used. Founder Igor Babuschkin, ex-DeepMind/OpenAI, argues for a complete AI system rebuild: from models to hardware to UI—to create AI guardians that truly understand and serve you. River’s API lets companies train open-source models in under 20 minutes, slashing costs and giving control back to users. With big-name backers and a vision of personalized AI for everyone, this stealth-mode exit signals a major shift toward user-owned, locally-run AI agents.
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