Reflection AI signs $1B compute deal with Nebius

AI startup Reflection has signed a deal worth more than $1 billion with Nebius to secure computing capacity, including access to Nvidia's latest chips. The deal follows a similar agreement with SpaceX. Reflection, valued at $8 billion, was founded in 2024 by former Google DeepMind researchers and has raised nearly $2.6 billion from investors including Nvidia, Sequoia Capital, and Lightspeed Venture Partners.