Michael J. de la Merced / New York Times:

Reflection AI, which is developing an open-source AI model to compete with DeepSeek, raised $2B led by Nvidia, valuing it at $8B, up from $545M in March  —  The big fund-raising round was the latest sign of investor fervor for artificial intelligence companies despite concerns that the boom is overheated.

Michael J. de la Merced / New York Times:

Reflection AI, which is developing an open-source AI model to compete with DeepSeek, raised $2B led by Nvidia, valuing it at $8B, up from $545M in March  —  The big fund-raising round was the latest sign of investor fervor for artificial intelligence companies despite concerns that the boom is overheated.

Source: TechMeme
Source Link: http://www.techmeme.com/251009/p26#a251009p26