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Wednesday, 28 October 2026Updated 28 Oct 2026, 01:31 UTC
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Funding

River AI raises $1.1 billion led by General Catalyst two months after launch

River AI, a two-month-old startup founded by xAI co-founder Igor Babuschkin, has raised a $1.1 billion funding round led by General Catalyst, according to TechCrunch. The company is described as pursuing personal AI agents, making the financing an unusually large early-stage bet on an agent-focused startup and a prominent former xAI executive.

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