Overview
Reflection AI, founded in 2024, is seeking to raise $2.5 billion at a $25 billion pre-money valuation, significantly up from last year's $545 million valuation. The funding round may involve JPMorgan Chase and existing investor Disruptive AI. The company aims to create open AI models for businesses and governments, providing a Western alternative to China's AI systems. Reflection has raised over $2 billion previously, with notable investments from Nvidia and others.
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Investors: JPMorgan Chase, Disruptive AI, Nvidia
Reflection AI, founded in 2024, is seeking to raise $2.5 billion at a $25 billion pre-money valuation, significantly up from last year's $545 million valuation. The funding round may involve JPMorgan Chase and existing investor Disruptive AI. The company aims to create open AI models for businesses and governments, providing a Western alternative to China's AI systems. Reflection has raised over $2 billion previously, with notable investments from Nvidia and others.
Nvidia-backed ‘open’ AI start-up courts investors at $20bn-plus valuation