According to individuals with insider knowledge of the situation, Reflection AI, an artificial intelligence startup supported by NVIDIA, is in the process of raising around $1 billion in funding. Post-fundraising, its valuation is anticipated to soar to $5.5 billion. Insider sources revealed that when factoring in new investments, this funding round places Reflection AI's valuation somewhere between $4.5 billion and $5.5 billion. Data from PitchBook indicates that during the company's previous external funding round, it was valued at $545 million. This implies that in a mere six months, its valuation has nearly skyrocketed by a factor of 10.
