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Reflection Signs $1B Nebius Deal for Nvidia Open-Source AI

7/15/2026

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Summary

Story summary

Reflection signed a deal worth more than $1 billion with Nebius for computing capacity that includes Nvidia’s latest chips.
The agreement builds on a June SpaceX partnership costing about $150 million per month through 2029.
Founded by two former Google DeepMind researchers, Reflection provides open-source models that run cheaper, leading businesses to move from OpenAI and Anthropic as U.S. curbs target Anthropic’s models.

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Story summary

Reflection signed a deal worth more than $1 billion with Nebius for computing capacity that includes Nvidia’s latest chips.
The agreement builds on a June SpaceX partnership costing about $150 million per month through 2029.
Founded by two former Google DeepMind researchers, Reflection provides open-source models that run cheaper, leading businesses to move from OpenAI and Anthropic as U.S. curbs target Anthropic’s models.