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Reflection, backed by Nvidia, is in talks to raise $2.5 billion at a $25 billion valuation to expand development of open-source AI models. The startup aims to build an ecosystem supporting sovereign AI systems and compete with Chinese offerings. JPMo

2026-03-26

Reflection, backed by Nvidia, is in talks to raise $2.5 billion at a $25 billion valuation to expand development of open-source AI models. The startup aims to build an ecosystem supporting sovereign AI systems and compete with Chinese offerings. JPMorgan Chase may join the round, alongside existing investors. Reflection, founded in 2024 by Misha Laskin, has raised over $2 billion and is part of Nvidia’s Nemotron Coalition to advance open AI models.

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2026-03-26

CBOE VOLATILITY INDEX UP 1.17 POINTS; LAST AT 26.5

CBOE VOLATILITY INDEX UP 1.17 POINTS; LAST AT 26.5
2026-03-25

Sources indicate that the European Union is drafting plans to terminate the automatic cancellation mechanism for surplus allowances in its Emissions Trading System (EU ETS). The EU is also drafting plans to amend the carbon market stability reserve (

Sources indicate that the European Union is drafting plans to terminate the automatic cancellation mechanism for surplus allowances in its Emissions Trading System (EU ETS). The EU is also drafting plans to amend the carbon market stability reserve (MSR) mechanism, aiming to reduce future price volatility.
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