Reflection AI Signs $1 Billion Compute Deal With Nebius, Securing Nvidia Chips In Latest AI Infrastructure Race

Jul 15, 2026
TechCrunch
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Summary

Reflection AI, an $8 billion open-model startup, secures a massive $1 billion compute deal with Nebius, gaining access to cutting-edge Nvidia chips as AI companies intensify their race to lock down critical computing infrastructure.

Key Points

  • Reflection AI, a U.S. open-model startup valued at $8 billion, signs a $1 billion compute deal with European AI infrastructure company Nebius, granting access to Nvidia's latest chips.
  • The deal follows a recent agreement with SpaceX for computing resources and reflects a broader industry trend of AI firms racing to secure compute for training and deploying models amid growing interest in open-source AI.
  • Founded in 2024 by two former Google DeepMind researchers, Reflection AI has raised nearly $2.6 billion from investors including Nvidia, Sequoia Capital, and Lightspeed Venture Partners, while Nebius also holds major infrastructure deals with Meta and Microsoft.

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