Axios is reporting that Reflection AI is about to release an extremely capable open weight model expected to compete with the top Chinese open weight ones. Reflection have been paying Elon $150 million a month for compute at Colossus since July, on top of a $1 billion compute deal with Nebius, so a strong model is certainly possible. Sources also told Axios that multiple open source models from other unnamed American labs are also planned to release this month. American OSS Renaissance about…