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🌐 Top AI News: Reflection AI Nears $5.5 Billion Valuation
Reflection AI, a startup supported by Nvidia and Sequoia Capital, is nearing a funding round that may value it at $5.5 billion, a tenfold increase in just six months. The company, founded by former Google AI experts, focuses on developing AI tools for coding and aims to advance “superintelligence.” Despite broader concerns over AI infrastructure costs, investor enthusiasm remains high.
🛠️ Cool AI Tool: Tandems (formerly SigFig) — AI for Financial Advisors
Robo-advisor SigFig has rebranded as Tandems, shifting focus from consumers to empowering financial advisors with AI-powered automation. The platform streamlines scheduling, client outreach, document prepopulation, and portfolio analysis—leveraging deep institutional expertise to enhance advisor productivity. Clients include major firms like Scotiabank and Citizens.
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