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# Reflection signs a $1bn AI compute deal with Nebius

**[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments

## Summary

Reflection AI has signed a $1bn compute deal with Nebius, the Amsterdam-based cloud provider, securing access to Nvidia GB300 chips through 2029. This is Reflection's second major capacity deal in a month, following a multibillion-dollar agreement with SpaceX. Founded in 2024 by former Google DeepMind researchers, Reflection builds open-source AI models as a cheaper alternative to closed systems from OpenAI and Anthropic. The startup is valued at $8bn and is in talks to raise $2.5bn more at a $25bn valuation. The deal highlights a broader race among AI startups to lock in compute capacity as demand outpaces data center supply, and growing interest in open models partly driven by US government pressure on closed-model providers.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/reflection-nebius-1-billion-ai-compute-deal>

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---

Tags: [#open-source](https://daily.dev/tags/open-source), [#nvidia](https://daily.dev/tags/nvidia), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure)

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