Nebias sells over $1 billion to AI Startup Reflection AI

According to Bloomberg, Nebius Group, a cloud computing service provider, announced that an agreement had been reached with Reflecting AI, an artificial intelligence model development company, to sell it over $1 billion in computing capacity. According to the declarations of the parties, the agreement will remain in force until 2029 and Reflect AI will be provided with the arithmetical resources to use the NVIDIAGB300 AI chip to support the development of its artificial intelligence model。