Reflection AI, an AI startup backed by Nvidia, is negotiating a $2.5 billion funding round that would value the company at $25 billion pre-money as of March 2026. The valuation represents an increase from a figure Reflection AI targeted earlier in March 2026. JPMorgan Chase is considering involvement in the funding round through one of its internal initiatives, though the information could not be immediately verified as of March 27, 2026. Reflection AI did not provide immediate comment on the discussions, which highlight the continued investor appetite for AI companies.
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