Nvidia-backed Reflection AI raises its funding target to $2.5 billion, valuing the company at $25 billion.

Reflection, an AI startup backed by Nvidia, has raised its funding target to $2.5 billion (previously $2 billion), potentially valuing the company at $25 billion (previously $20 billion). If successful, this would be one of the largest funding rounds in the open-source AI space. Founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, and headquartered in New York, the company focuses on building a freely usable and customizable US-based open-source AI model system, aiming to create a technology network on the Nvidia chip ecosystem to rival overseas competitors. Sources indicate that JPMorgan Chase plans to participate in this round through its "Security and Resilience Program," and existing investor Disruptive is also expected to participate. (Techstartups)