Local Ai
xAI co-founder Igor Babuschkin's River AI raised $1B led by General Catalyst to build home or small business computer servers capable of running AI locally (Cade Metz/New York Times)
Cade Metz / New York Times: xAI co-founder Igor Babuschkin's River AI raised $1B led by General Catalyst to build home or small business computer servers capable of running AI locally — Igor Babuschki
Cade Metz / New York Times: xAI co-founder Igor Babuschkin's River AI raised $1B led by General Catalyst to build home or small business computer servers capable of running AI locally — Igor Babuschkin built a new start-up, River AI, and hopes to provide ways for people to “retrain,” or modify, artificial intelligence …
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- Sources: prices for Nvidia's AI chips on China's black market have more than doubled amid a US export crackdown; its flagship DGX B300 server has risen to $1.1M (Eleanor Olcott/Financial Times)
- ASML says it plans to make at least 60 of its standard EUV machines this year, 36% more than it sold in 2025, as it races to meet demand for making AI chips (Kim Mackrael/Wall Street Journal)
- Microsoft announces the new Surface RTX Spark Dev Box for local AI development, powered by Nvidia's new Arm-based RTX Spark chips and 128GB of unified memory (Tom Warren/The Verge)
Source: Techmeme | 2026-08-11