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Nvidia in talks to acquire U.S.AI startup Reflection AI BlockBeats reports that October 11, according to people familiar with the matter, Nvidia (NVDA.O) is in talks to acquire U.S. startup Reflection AI or increase its investment in it.

Reflection AI is a developer of open-weight models. The talks are still at an early stage, and the deal could take multiple forms, including a so-called “acqui-hire,” in which Nvidia hires Reflection’s employees and obtains a license to its technology, thereby avoiding the lengthy regulatory review typically required for a full acquisition.

Nvidia is already one of Reflection’s largest shareholders and could also choose to deepen the relationship through further equity investment or an agreement to provide the company with more chips and computing power. People familiar with the matter said the two companies could reach an agreement within the next few weeks. Reflection was valued at March in a funding round this year, reaching a valuation of 25000000000 USD. (Financial Times)

Original link https://m.theblockbeats.info/flash/371188