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NVIDIA (NVDA) Backed Start-up Reflection AI To Raise $2.5 Billion [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
On March 25, Reuters reported that Reflection AI, which is a heavily backed NVIDIA Corporation (NASDAQ:NVDA) start-up, is expected to raise $2.5 billion at a valuation of $25 billion. ?The report noted that people familiar with the matter said that JPMorgan& Chase via the bank's Security and Resiliency Initiative is expected to participate in the funding round. Moreover, the report also highlighted that the $25 billion valuation is a pre-money valuation for the $2.5 funding; prior to the funding, the start-up was valued at around $8 billion. ?Reflection AI is a group of companies that works closely with Nvidia to build open-source AI models. According to WSJ, the funding is aimed at enhancing the company's efforts to counter the AI offerings from China. Earlier in 2024, the start-up had raised $2 billion. ?NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor company. It designs and develops graphics processing units and related technologies used in gaming, data centers, a [Read more]
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Stockreport

NVIDIA (NVDA) Backed Start-up Reflection AI To Raise $2.5 Billion [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
On March 25, Reuters reported that Reflection AI, which is a heavily backed NVIDIA Corporation (NASDAQ:NVDA) start-up, is expected to raise $2.5 billion at a valuation of $25 billion. ?The report noted that people familiar with the matter said that JPMorgan& Chase via the bank's Security and Resiliency Initiative is expected to participate in the funding round. Moreover, the report also highlighted that the $25 billion valuation is a pre-money valuation for the $2.5 funding; prior to the funding, the start-up was valued at around $8 billion. ?Reflection AI is a group of companies that works closely with Nvidia to build open-source AI models. According to WSJ, the funding is aimed at enhancing the company's efforts to counter the AI offerings from China. Earlier in 2024, the start-up had raised $2 billion. ?NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor company. It designs and develops graphics processing units and related technologies used in gaming, data centers, a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS