positive
Reflection AI raises $2B led by Nvidia, valued at $8B
Reflection AI, a developer tools startup founded by former DeepMind engineers, raised $2 billion in fresh capital led by Nvidia and Lightspeed Venture Partners, valuing the company at around $8 billion. The funding will accelerate the development of its autonomous code generation platform, which automates large-scale software engineering. The investment highlights surging demand for AI-driven development tools as enterprises seek to enhance productivity and reduce deployment cycles.
Companies:
- Reflection AI
- Nvidia
Tags:
- AI startups
- Nvidia
Reuters• By Sneha Pathak
Explore:Mutual Fund Categories
positive
Reflection AI raises $2B led by Nvidia, valued at $8B
Reflection AI, a developer tools startup founded by former DeepMind engineers, raised $2 billion in fresh capital led by Nvidia and Lightspeed Venture Partners, valuing the company at around $8 billion. The funding will accelerate the development of its autonomous code generation platform, which automates large-scale software engineering. The investment highlights surging demand for AI-driven development tools as enterprises seek to enhance productivity and reduce deployment cycles.
Companies:
- Reflection AI
- Nvidia
Tags:
- AI startups
- Nvidia
Reuters• By Sneha Pathak
Explore:Mutual Fund Categories
1 min read
67 words
Nvidia-backed Reflection AI raised $2B at an $8B valuation, underscoring investor focus on AI-powered software automation tools.
Reflection AI, a developer tools startup founded by former DeepMind engineers, raised $2 billion in fresh capital led by Nvidia and Lightspeed Venture Partners, valuing the company at around $8 billion. The funding will accelerate the development of its autonomous code generation platform, which automates large-scale software engineering. The investment highlights surging demand for AI-driven development tools as enterprises seek to enhance productivity and reduce deployment cycles.
Reflection AI, a developer tools startup founded by former DeepMind engineers, raised $2 billion in fresh capital led by Nvidia and Lightspeed Venture Partners, valuing the company at around $8 billion. The funding will accelerate the development of its autonomous code generation platform, which automates large-scale software engineering. The investment highlights surging demand for AI-driven development tools as enterprises seek to enhance productivity and reduce deployment cycles.
Companies:
- Reflection AI
- Nvidia
Tags:
- AI startups
- Nvidia
- AI startups
- Nvidia
- Reflection AI
- funding
- developer tools