Mentioned:
A San Francisco based artificial intelligence startup is doubling down on high performance computing. And they’re partnering up with Nebius to do it.
What’s happening:
- Nebius (NASDAQ: NBIS) has entered into a new deal for high performance computing with San Francisco, California based artificial intelligence startup Reflection AI for roughly $1B USD
Why it matters:
- This is the first time ever that Reflection AI has partnered with Nebius for artificial intelligence workloads
Going deeper:
- Nebius has publicly stated they will provide Reflection AI with access to Nvidia’s (NASDAQ: NVDA) newest GB300 Grace Blackwell Ultra systems as part of the new deal
- Reflection AI is developing open-weight large language models and has multiple notable early investors including Nvidia, Sequoia, Lightspeed and former Google (NASDAQ: GOOG) leader Eric Schmidt
The intrigue:
- Nebius previously made major waves on Wall Street when they struck a deal with Meta (NASDAQ: META) for artificial intelligence workloads worth up to $27B USD
