Sources: Reflection AI, which is developing open foundation models, seeks to raise $2.5B at a pre-money valuation of $25B; JPMorgan is in talks to participate (Wall Street Journal)

Wall Street Journal: Sources: Reflection AI, which is developing open foundation models, seeks to raise $2.5B at a pre-money valuation of $25B; JPMorgan is in talks to participate — Reflection is one of several startups working alongside Nvidia to build powerful, freely available ‘open-source’ AI models