📋 Executive Summary

• Reflection AI secures $2 billion in funding, reaching $8 billion valuation with NVIDIA backing
• Apple near completion of Prompt AI acquisition for advanced computer vision technology
• OpenAI Sora 2 faces major backlash due to overly restrictive copyright protection measures
• Klarna CEO warns tech leaders are downplaying AI’s massive job displacement impact
• AI2 Incubator launches $80M fund targeting real-world AI applications in Seattle
• Oxford researchers achieve breakthrough using AI to detect cosmic events with minimal data
• Memories.ai receives industry recognition as leading surveillance AI video tool

💰 Major Funding & Acquisitions

Reflection AI Raises Record $2 Billion, Reaches $8 Billion Valuation

NVIDIA-backed Reflection AI completed a massive $2 billion funding round, pushing the company’s valuation to $8 billion as it positions itself to compete directly with Chinese AI giant DeepSeek.