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 US$2.5 billion at a US$25 billion valuation, the Wall Street Journal previously reported.
Nvidia has already invested about US$800 million in the startup, according to reports.
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