NVIDIA-BACKED REFLECTION AI RAISES $2 BILLION IN FUNDING, BOOSTS VALUATION TO $8 BILLION

Summary from the TLDR AI newsletter

Founded last year by former DeepMind researchers, Reflection AI is developing tools to automate software development, attracting investors including former Google CEO Eric Schmidt, Citi, and Donald Trump Jr.-backed 1789 Capital in a round that marks a sharp jump from its $545 million valuation just months ago.