Nvidia in Talks to Invest Further in Reflection AI or Buy It, FT Reports
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12 Articles
Nvidia in talks to invest further in Reflection AI or buy it, FT reports
Oct 10 : Nvidia is in talks to deepen its investment in open-source startup Reflection AI or acquire it, the Financial Times reported on Saturday, citing people with direct knowledge of the matter.• Talks are at an early stage and a deal could take several forms, including a so-called acqui-hire arrangemen
Nvidia is in talks to buy the open-source AI lab it just backed
Reflection AI's valuation has tripled to $25 billion in under a year, and Nvidia, already an $800 million investor, is weighing options from an acqui-hire to a bigger equity stake, Bloomberg and the Financial Times report.
Deniz GÜLDAĞ According to sources close to the company, who say the negotiations are still in the early stages, the deal could end in different ways. One of Reflection AI's largest shareholders is...
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