Reflection AI, a startup backed by Nvidia, has raised $2 billion in a funding round, valuing the company at $8 billion. Founded in 2024, the company develops tools that automate software development, attracting interest from investors like former Google CEO Eric Schmidt and Citi.

The AI sector continues to attract significant interest, with global venture funding in the third quarter of 2025 rising 38% to $97 billion. Around 46% of the total invested in AI firms, including Reflection AI. The company’s new valuation marks a significant increase from its previous round.

Investors in Reflection AI include prominent names like Donald Trump Jr.-backed private equity firm 1789 Capital, Lightspeed, and Sequoia. The company’s peers in the AI market include OpenAI and China’s DeepSeek. The funding round was led by Nvidia, showcasing continued investor interest in artificial intelligence.

Read more at Yahoo Finance: Nvidia-backed Reflection AI raises $2 billion in funding, boosts valuation to $8 billion