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736 Reflection AI Targets $1 Billion to Take on Meta, DeepSeek in Open Source

The Information
Kevin McLaughlin @ The Information · 08/04/2025 22:05 EDT

Reflection AI Targets $1 Billion to Take on Meta, DeepSeek in Open Source

Reflection AI, a one-year-old startup co-founded by former Google DeepMind researchers, is in talks to raise more than $1 billion to fund its efforts to develop open-source large language models to compete with the likes of China’s DeepSeek, France’s Mistral and U.S-based Meta Platforms, according to two people with direct knowledge of the matter. The company has raised most of its target, according to one of those people.

The New York-based startup will use some of the money for the cost-intensive develop

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