1789 Said to Join Nvidia in Backing DeepSeek Rival Reflection AI

1789 Capital, an investment fund where Donald Trump Jr. is a partner, has invested alongside Nvidia Corp. in a $1 billion funding round for artificial intelligence company Reflection AI.

Nvidia is leading the round with a $500 million investment, valuing the New York-based AI startup at more than $4.5 billion, according to two people familiar with the matter, who asked not to be named because the details are not yet public. Both 1789 and Yuri Milner’s DST Global invested $100 million, one of the people added.

Spokespeople for 1789 Capital and Nvidia declined to comment. A DST representative and ...