Friday, October 10, 2025

Nvidia-backed Reflection AI raises $2 billion in funding, boosts valuation to $8 billion

The funding round, led by Nvidia, saw participation from prominent investors, including former Google CEO Eric Schmidt, Citi, and Donald Trump Jr-backed private equity firm 1789 Capital, as well as existing investors Lightspeed and Sequoia.

from Tech-Economic Times https://ift.tt/LIzn0jA

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Poor data sharing undermining EU cyber defences, auditors say

The 27-nation bloc was investing more and more in cybersecurity - with €1.4 billion ($1.61 billion) in its current budget - and improving co...