Reflection AI, an artificial intelligence startup backed by Nvidia (NASDAQ:NVDA) and Sequoia Capital, is currently involved in a funding round that could value it at $5.5B, according to the Financial Times.
Reflection, which was founded one year ago by former Google DeepMind (GOOG)(GOOGL) researchers Misha Laskin and Ioannis Antonoglou, is in the process of raising about $1B, the report said, citing people familiar with the deal. Investors include Nvidia’s venture capital arm, Lightspeed Venture Partners, Sequoia Capital and DST Global.
Reflection builds AI coding tools, which have become one of the most pragmatic and commercially viable uses of AI in the early innings of the technology. It recently launched Asimov, a research agent for code understanding.
Like OpenAI and Meta Platforms (META), it is ultimately pursuing general superintelligence. It believes the creation of autonomous coding software will enable the development of superintelligence.
“Once complex software can be planned, written, and refined automatically, similar capabilities seamlessly transfer to other computer-driven tasks, accelerating progress toward general superintelligence,” Reflection said in a blog post.