Nvidia-backed Reflection AI eyes $5.5 billion valuation as AI runs hot, FT reports

Core Insights - Nvidia-backed Reflection AI is in the process of raising approximately $1 billion in financing, which will potentially value the startup at up to $5.5 billion according to reports from the Financial Times [1] Group 1 - The financing round aims to significantly increase the valuation of Reflection AI, indicating strong investor interest and confidence in the company's future prospects [1] - The involvement of Nvidia suggests a strategic partnership that could enhance Reflection AI's technological capabilities and market position [1]