Nvidia is in talks to deepen its investment in Reflection AI or acquire the startup, the Financial Times reported on Saturday. The company already invested $800 million in the firm. Talks are at an early stage, and a deal could take many forms to help Nvidia grow its AI tools.
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.
Reuters could not immediately verify the report. Nvidia and Reflection did not immediately respond to requests for comment outside of regular business hours.
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.
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.