NVIDIA IN TALKS TO INVEST FURTHER IN REFLECTION AI OR BUY IT

Summary from the TLDR IT newsletter

Nvidia is in talks to acquire or deepen its investment in US-based open-weight model start-up Reflection AI. Discussions are at an early stage and could result in an acqui-hire to avoid drawn-out regulatory reviews. Reflection AI was reportedly seeking funding at a $25 billion pre-money valuation earlier this year, and Nvidia has already invested $800 million in the company.