Reflection AI, a US-based startup building open AI systems, is in talks to raise $2.5 billion (over ₹23,000 crore) in funding at a valuation of $25 billion (over ₹2 lakh crore), the WSJ reported. JPMorgan Chase could participate in the round through its Security and Resiliency Initiative. NVIDIA had invested around $800 million in Reflection's previous funding round.