Nvidia in Talks to Acquire or Invest Further in Reflection AI

Summary

Nvidia is discussing a possible acquisition of, or deeper investment in, US startup Reflection AI, according to the Financial Times, which cited people with direct knowledge of the matter. Reflection AI develops open-weight artificial intelligence models. The terms under discussion have not been established. The company was last valued at $25 billion in a funding round in March, according to the report. The talks therefore remain unconfirmed in scope and outcome, with no transaction value disclosed.