The $1. 1 Billion Bet on Personal AI: A New Era or Just Another Fad? The recent investment of $1.
1 billion in River AI, led by General Catalyst and AMP PBC, has sparked debate about whether this marks a revolutionary shift in the field of artificial intelligence or simply another bubble waiting to burst.
River's founder, Igor Babuschkin, comes from a prestigious background in AI research, having worked at DeepMind and OpenAI.