Lates News

According to the Financial Times, people familiar with the matter said Nvidia (NVDA.O) is in talks to acquire U.S. startup Reflection AI or increase its investment in the company. Reflection AI is a developer of open-weight models. The talks are still at an early stage, and a deal could take various forms, including a so-called "acqui-hire," in which Nvidia hires Reflection's employees and licenses its technology, thereby avoiding the lengthy regulatory review typically required for a full acquisition. Nvidia is already one of Reflection's largest shareholders and may also choose to deepen the relationship through further equity investment or an agreement to provide the company with more chips and computing power. The people familiar with the matter said the two companies could reach an agreement within the next few weeks. Reflection was valued at $25 billion in a funding round in March this year.