Nvidia in talks to invest further in Reflection AI or buy it, FT reports
Options include an acquisition, an acqui-hire, more chips or a larger equity stake; no terms have been agreed.
Nvidia is in early talks to increase its investment in open-weight model developer Reflection AI or potentially acquire it, the Financial Times reported on Saturday, according to Reuters and Bloomberg.
Possible structures include an "acqui-hire," in which Nvidia would hire staff and license technology, an agreement to supply more chips, or a larger equity stake, the FT said. No terms have been reached, and Reflection declined to comment, Bloomberg reported.
Reflection, founded by two former Google DeepMind researchers, released its first open-weight model, Beam, on Oct. 5. It has held talks to raise $2.5 billion at a $25 billion valuation, the Wall Street Journal previously reported.
Nvidia has already invested about $800 million in the startup, according to reports.
From ARQS Sponsored
For B.C. teams putting stories like this into practice, ARQS offers TradeHound, Website audit, Flow automation and SignDesk. In the ARQS Store, ARQS Flow Connect — 30-Day Starter Access, ARQS Pipeline Pro Setup, ARQS InvoiceFlow Billing Control Studio are among the newest tools available.
From our partners
Partner content
AI AcademyAI Academy course catalogueSelf-study courses in practical AI workflows from Northline Technology Institute.
ARQSARQS StoreAI receptionist, business automation, readiness reviews, website audits and launch packages.
ARQS LinguaQuestLinguaQuest Creator BundleBrowser language-learning software with adaptive review and speech support.
ARQS PressPress RoomReleases, editorials and new books from ARQS Press.
ARQS InvoiceFlowInvoiceFlow Billing Control StudioInvoice-data quality analysis with an ARQS-reviewed findings summary.
ARQS GamesARQS browser gamesOriginal browser games to play at home.Most read
- Court halts Vancouver Aquatic Centre demolition until after civic election
- TSX gains 319 points as energy and telecom stocks lead
- Poilievre takes his tariff-free auto pact pitch to Detroit
- 'I Play Rocky' and 'Ceremony' take VIFF audience awards
- BC Conservatives take five-point lead as leaders head into only TV debate
