Nvidia reportedly in talks to acquire or increase investment in Reflection AI

According to the Financial Times, sources familiar with the matter revealed that NVIDIA (NVDA.US) is in talks to either acquire the US startup Reflection AI or to increase its investment in the company. Reflection AI is an open-weight model developer. The negotiations are still at an early stage, and the deal could take various forms, including a so-called "acqui-hire," in which NVIDIA would hire Reflection’s employees and obtain a license to its technology, thereby avoiding the lengthy regulatory review process typically required for a full acquisition. NVIDIA is already one of Reflection’s largest shareholders and may also choose to deepen the partnership through further equity investment or by agreeing to provide the company with more chips and computing power. According to sources, the two companies could reach an agreement in the coming weeks. Reflection was valued at $25 billion in a financing round in March of this year.