Artificial intelligence startup Reflection AI announced Thursday that it has raised a staggering $2 billion in its Series B funding round, a move that catapulted the company’s valuation to $8 billion, according to multiple media reports.
In a blog post published on its website, Reflection AI said the round was powered by a mix of new and existing investors, including Nvidia, DST Global, and 1789 Capital, alongside returning backers Sequoia Capital and Lightspeed Venture Partners.
The company, founded in 2024, says its mission is to pioneer what it calls “frontier open intelligence” — the next evolution of AI systems designed to be transparent, accessible, and scalable for global use.
Building the “Open Frontier” of Artificial Intelligence
Reflection AI describes artificial intelligence as “the technology layer of modern progress,” citing its growing role in scientific discovery, medical diagnostics, education, and energy optimization.
Yet, the company argues that today’s AI frontier remains closed, dominated by a handful of powerful labs and corporations that control the technology’s direction and deployment.
“If this continues,” the company warned, “only a small number of entities will control the capital and capability required to build artificial intelligence further.”
To counter that, Reflection AI is working to develop open models “so capable that they become the obvious choice” for users and developers across industries — a direct challenge to the closed ecosystems of existing AI giants.