Nvidia-backed Reflection AI eyes $25 billion valuation, WSJ reports

March 25 (Reuters) - Nvidia-backed NVDA.O startup Reflection AI is in talks to raise $2.5 billion at a valuation of $25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Here are some details:

• JPMorgan Chase is considering participating in the funding round through its Security and Resiliency Initiative, the report said.

• The proposed $25 billion valuation for Reflection reflects its pre-money valuation, before the $2.5 billion investment, according to the WSJ.

• Reuters could not immediately verify the report.

• Reflection did not immediately respond to Reuters' request for comment.

• The proposed valuation for Reflection marks an increase from the more than $20 billion level the company had reportedly targeted, according to a Financial Times report earlier this month.