Reflection AI signs $1B compute deal with Nebius

Reflection AI has signed a $1 billion compute agreement with European AI infrastructure firm Nebius to access Nvidia chips.

• Reflection AI will use Nebius’ Nvidia chips under the multi-year deal.
• The agreement follows a similar compute pact between Reflection and SpaceX from weeks earlier.
• Reflection, valued at $8 billion, was founded in 2024 by former Google DeepMind researchers.
• Nebius previously signed a five-year infrastructure deal with Meta worth up to $27 billion.