Michael J. de la Merced / New York Times:

NYC-based Reflection AI, which is developing open-source models to rival top closed-source models, like DeepSeek, raised $2B led by Nvidia at an $8B valuation  —  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:

NYC-based Reflection AI, which is developing open-source models to rival top closed-source models, like DeepSeek, raised $2B led by Nvidia at an $8B valuation  —  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