River AI, a two-month-old startup founded by former xAI engineer Igor Babuschkin, raised $1.1 billion on August 11, 2026, in one of the largest early-stage funding rounds in AI history, led by General…
River AI, founded by Igor Babuschkin, raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC, less than four months after incorporation. The round also included Nvidia, AMD V…
River AI Inc., a startup that helps enterprises customize open-source AI models, has raised $1.1 billion in Series A funding led by General Catalyst and AMP PBC, with participation from Nvidia Corp., …
River AI, a two-month-old AI startup founded by xAI co-founder Igor Babuschkin, has raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC, with participation from Nvidia, AM…
Igor Babuschkin's River AI has raised $1.1 billion in a combined seed and Series A round, announced August 11 and led by General Catalyst and AMP PBC with strategic investments from Nvidia and AMD Ven…
CuspAI, a Cambridge-based startup founded in 2024, closed a $450 million Series B funding round on July 20, bringing its valuation to $2.6 billion and total funding past $580 million, with backing fro…
Recursive Superintelligence, a six-month-old AI startup, has signed a $400 million compute deal with Amazon, committing the majority of the $500 million to $650 million it raised in a Series A round t…
Physical AI is emerging as AMD Ventures' next major focus beyond the data center, according to Sagi Paz, head of AMD Ventures at Advanced Micro Devices Inc. Paz said the firm is targeting industrial r…
CuspAI closed a $450 million Series B at a $2.6 billion valuation, led by Kleiner Perkins and NEA with participation from Jeff Bezos's Bezos Expeditions and the UK government's Sovereign AI Fund. The …
CuspAI, a Cambridge, UK-based materials discovery startup, raised $450 million in Series B funding on July 20, achieving a $2.6 billion valuation two years after founding. Kleiner Perkins and NEA co-l…
Goldman Sachs led a $100 million Series D round for Spectro Cloud, a Santa Clara startup whose PaletteAI software manages GPU clusters across different chip vendors and clouds, bringing total funding …
Self-driving startup Turing Inc. has secured backing from AMD Ventures and begun adopting AMD's AI accelerators to diversify its supply chain and reduce costs. The Japanese company, which previously r…
TensorWave raised $350 million in Series B funding at a $1.55 billion valuation to expand its AMD-based AI cloud infrastructure. The round was co-led by Magnetar and AMD Ventures, with the company pla…
Liquid AI released LFM 2.5-230M, a 230-million-parameter model that outperforms larger models on data extraction benchmarks, achieving 22.51 on CaseReportBench versus 13.83 for Qwen3.5-0.8B and 2.28 f…
Odyssey raised $310 million in Series B funding at a $1.45 billion valuation, led by Natural Capital with participation from Amazon, GV, AMD Ventures, and others, to accelerate development of AI world…
Odyssey, an AI lab developing world models for simulating physical environments, raised $310 million in Series B funding at a $1.45 billion valuation. Amazon led the round alongside AMD Ventures, GV, …
Odyssey, a world model AI startup founded by self-driving vehicle pioneers, raised $310 million in Series B funding at a $1.45 billion valuation, led by Natural Capital with participation from Amazon,…
Odyssey ML raised $310 million in Series B funding at a $1.45 billion valuation, with Amazon, Natural Capital, AMD Ventures, GV, EQT, and In-Q-Tel participating. The deal names AWS as Odyssey's prefer…
Odyssey, an AI lab building real-time world models, raised $310 million in Series B funding led by Natural Capital, with Amazon, AMD Ventures, Google's GV, EQT, and In-Q-Tel participating. The round n…
Cellular Intelligence, an AI-native biotech, acquired global rights to STEM-PD, a Phase 2-ready cell therapy for Parkinson's disease, from Novo Nordisk. Novo Nordisk shuttered its cell therapy unit in…