Nvidia in talks to invest further in Reflection AI or buy it, FT reports

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 ​arrangement where Nvidia would hire staff and license ⁠technology rather than pursue a full acquisition, potentially avoiding ​a lengthy regulatory review, the newspaper said.

An agreement could be ​reached in the coming weeks, according to the report, which cited multiple people familiar with the matter, while adding that the ​discussions could still fall apart.

Nvidia behind $50 billion lease on Texas data center, FT reports

Reflection declined to comment on ​the FT report, while Nvidia did not immediately respond to a request ‌for ⁠comment.

Nvidia is already a major financial backer and strategic investor in Reflection AI, having invested $800 million in the startup, the FT reported.

Founded in 2024 by former DeepMind ​researchers Misha Laskin ​and Ioannis ⁠Antonoglou, Reflection develops tools that automate software development, a fast-growing use case for AI.

Reflection’s ​chief executive, Laskin, told CNBC in April that ​the ⁠Nvidia-backed startup was raising fresh capital at a pre-money valuation of $25 billion.

China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports

The company on Monday launched its first open-weight ⁠model, Beam, ​as it seeks to compete in ​coding and agentic tasks with lower-cost Chinese models such as DeepSeek and ​Kimi.