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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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...