River AI is a full-stack AI company founded by Igor Babuschkin to create personal, continually improving AI. Its platform allows any developer to train, tune, and serve custom models without a dedicated infrastructure team or expensive hardware. Through its API, River delivers state-of-the-art LoRA fine-tuning and reinforcement learning for frontier open weight models, with token-metered billing and instant deployment to production.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/21/26 | $1,100,000,000 | Venture |
AMD Ventures AMP PBC ![]() General Catalyst ![]() NVIDIA | undisclosed |