Reflection, an AI startup supported by chip manufacturer Nvidia, is currently in discussions to raise $2.5 billion at a valuation of $25 billion, with plans to take on China’s open source approach to artificial intelligence popularized by DeepSeek.

The Wall Street Journal reports that AI startup Reflection is positioning itself as a key player in the development of open-source artificial intelligence systems in the United States, working to create freely available AI models that can serve as alternatives to proprietary systems. This fundraising effort represents one of the largest valuations for a company in the emerging open-source AI sector.

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