NVIDIA-BACKED STARTUP SEEKING TO COUNTER CHINESE AI EYES $25 BILLION VALUATION

Summary from the TLDR AI newsletter

Reflection is a startup leading an effort to create freely available US AI systems. It is one of a handful of Nvidia-linked startups seeking to build a network of open source AI models. The startup is in talks to raise $2.5 billion at a valuation of $25 billion. Investors describe Reflection as the 'DeepSeek of the West' as it offers an alternative to the open source models offered by Chinese companies.