727 FinancePANews October 11 news, according to Bloomberg citing the Financial Times, Nvidia is in talks to acquire open-source weight AI model developer Reflection AI, or may further increase its investment in it. People familiar with the matter said the negotiations are still at an early stage, and the form of the deal has not yet been determined, and may include a talent acquisition and obtaining technology licensing, increasing its stake, or providing it with more chips and computing power. Reflection AI's most recent funding round valued it at $25 billion, and Nvidia is already one of its investors.
Financial Times: Nvidia in talks to acquire Reflection AI at a $25 billion valuation
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