AI startup Reflection has signed a over $1 billion computing power leasing agreement with Nebius

BlockBeats News, July 14th, according to Reuters, AI startup company Reflection stated on Tuesday that it has signed an agreement with Nebius (NBIS.O) for an amount exceeding $1 billion to secure computing resources, including computational support using Nvidia's latest generation of chips.

This agreement follows Reflection's computational power partnership with SpaceX in June this year. Reflection is expected to pay SpaceX approximately $150 million per month until 2029 to obtain computing support.

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