xAI Co-Founder's River AI Raises $1.1B for Personal AI
River AI, a startup founded by former xAI leader Igor Babuschkin, has raised $1.1 billion to let users train and own their own AI models instead of renting access to closed ones.
Read more →AI Fundingand Open-Source AI
Every AI News story tagged with both AI Funding and Open-Source AI — the two topics side by side, updated as new articles publish.
3 articles
Ollama Raises $65M Series B, Reaches 8.9 Million Developers
Ollama, the open-source tool for running AI models locally, has raised $65 million in Series B funding, bringing total funding to $88 million as its developer base nears 9 million.
Read more →Together AI Raises $800M to Scale Open-Source AI Infrastructure
Together AI closed an $800 million Series C led by Aramco Ventures, more than doubling its valuation to $8.3 billion as industry-wide use of open AI models has tripled over the past year.
Read more →