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General Catalyst leads $1.1B round into 2-month-old River AI

AI News & Artificial Intelligence | TechCrunch Aug 11, 2026 at 10:41 AM PDT
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A new AI startup founded by an xAI co-founder raised $1.1 billion to develop personal AI agents. This signals significant venture capital investment in AI assistants that could affect how people interact with technology, though the specific impact remains unclear.

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