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Nvidia-backed Reflection AI eyes $25 billion valuation, WSJ reports
Reuters· 2026-03-26 02:43
Group 1 - Nvidia-backed startup Reflection AI is in discussions to raise $2.5 billion at a valuation of $25 billion, indicating strong investor interest in AI technologies [1][2] - The proposed valuation of $25 billion represents a pre-money valuation, which is an increase from the previously targeted valuation of over $20 billion [2][3] - JPMorgan Chase is considering participating in this funding round through its Security and Resiliency Initiative, highlighting the strategic interest from major financial institutions [2]