Reflection AI, startup backed by Nvidia announced it raised $2 billion in new funding round that values the company at $8 billion. Investors include ex-Google CEO Eric Schmidt, Citi, Lightspeed, Sequoia and Donald Trump Jr-backed private equity firm 1789 Capital. Its valuation marks sharp rise from previous round, when it raised $130 million at $545 million valuation, said PitchBook data.
short by
Ishita Ranganath /
10:56 pm on
09 Oct