tech
Reflection inks $1B compute deal with Nebius
Reflection AI has signed a $1 billion deal to access Nebius' compute. Reflection was founded in 2024 and is developing open source AI technology.
TL;DR
- Reflection AI, a U.S. startup focused on open AI models, has signed a $1 billion compute deal with Nebius.
- Nebius, formerly Yandex's international arm, will provide Reflection with access to Nvidia's latest chips.
- The deal comes after Reflection secured computing resources from SpaceX.
- There is a growing interest in open-weight AI models due to concerns about data retention and potential government intervention in closed-source models.
- Reflection AI, founded in 2024 by former Google DeepMind researchers, is valued at $8 billion and has raised nearly $2.6 billion.
- Nebius has also signed significant infrastructure deals with Meta and Microsoft.