This Brooklyn-Based AI Company Just Raised $2 Billion to Compete With DeepSeek

News Snapshot:

A Brooklyn startup just raised $2 billion to build a rival to DeepSeek, the Chinese AI company. Called Reflection AI, the company is now valued at about $8 billion, up some 15-fold from last March, when it announced $130 million in funding. The company is less than two years old. Reflection, which launched in March 2024, originally aimed to build a “superintelligent autonomous coding system,” and use that as a jumping off point. Now, it is working on building an open alternative to the types of closed frontier models that giants like OpenAI are developing. In other words, Reflection wants...