Reflection inks $1B compute deal with Nebius

In Brief Posted: 7:37 AM PDT · July 14, 2026 Image Credits:jmbatt / Getty Images Rebecca Bellan Reflection inks $1B compute deal with Nebius Reflection AI, a U.S. startup vying to develop open models, has signed a $1 billion compute deal with European AI infrastructure company Nebius.  Nebius,…

In Brief Posted: 7:37 AM PDT · July 14, 2026 Image Credits:jmbatt / Getty Images Rebecca Bellan Reflection inks $1B compute deal with Nebius Reflection AI, a U.S. startup vying to develop open models, has signed a $1 billion compute deal with European AI infrastructure company Nebius.  Nebius, formerly the international arm of Russian tech giant Yandex, will provide Reflection access to Nvidia’s latest chips. The deal comes just a few weeks after the startup signed a similar deal to access SpaceX’s computing resources, and mirrors several partnerships by AI firms as they race to secure compute for training and deploying their models. Along with its increasingly capable Chinese counterparts, Reflection is one of several open-weight AI model developers that have received ample attention lately as debate rages over the value of top-shelf, closed-source AI models — especially with data retention concerns surging up, as well as government intervention. Just last month, the Trump administration pressured Anthropic and OpenAI to restrict their most powerful new models, raising concerns that access to AI models could be taken away overnight. That, plus the release of more capable open models from China, has led to an increase in mainstream interest in open source AI. Reflection, currently valued at $8 billion, was founded in 2024 by two former Google DeepMind researchers. It has already raised close to $2.6 billion in funding from backers including Nvidia, Sequoia Capital, and Lightspeed Venture Partners. Shortly after securing a $2 billion investment from Nvidia, Nebius signed a five-year infrastructure deal with Meta worth up to $27 billion. Last year, Nebius signed a multi-year deal with Microsoft worth up to $19.4 billion. TechCrunch has reached out to Reflection and Nebius for more information. Topics AI, AI compute deals, compute, Enterprise, In Brief, Nebius, reflection ai, Yandex November 4 Boston Last chance to save up to $190 on TechCrunch Founder Summit. Join 1,000+ founders and VCs at all stages for real-world scaling insights and connections that move the needle.Savings end June 26, 11:59 p.m. PT. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice. Related AI OpenAI pushes back on Apple trade secret lawsuit Kirsten Korosec 6 hours ago AI The real AI race may no longer be at the frontier Rebecca Bellan 14 hours ago AI Video-generation startup PixVerse raises $439M, valuation soars past $2B Ivan Mehta 1 day ago Latest in AI Biotech & Health OpenAI researcher Miles Wang in talks to launch AI drug discovery startup valued at $2B Marina Temkin 4 hours ago AI Lorde says AI glasses are ‘not sexy’ Amanda Silberling 5 hours ago AI OpenAI’s first hardware device is reportedly a screenless speaker that can move Lucas Ropek 6 hours ago

Source: TechCrunch AI — Published July 14, 2026 at 14:37 UTC — Category: Tools