Nvidia in talks to acquire U.S. AI startup Reflection AI
51 minutes ago
Sources familiar with the matter told the Financial Times that Nvidia (NVDA.O) is in talks to acquire U.S. startup Reflection AI or boost its investment in the open-weight model developer. Negotiations remain in the early stages, and a potential deal could take multiple forms, including a so-called "talent acquisition"—a move where Nvidia hires Reflection’s staff and secures its technology license, bypassing the lengthy regulatory reviews usually required for a full acquisition. Nvidia is already one of Reflection’s largest shareholders; it could also deepen the pair’s relationship via additional equity investment or an agreement to supply more chips and computing power to the startup. The sources noted that a deal could be struck between the two firms in the coming weeks. Reflection was valued at $25 billion in a financing round this March. (Financial Times UK)
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