The Globe and Mail reports in its Monday, Oct. 12, edition that Nvidia is in talks to deepen its investment in open-source start-up Reflection AI or acquire it, the Financial Times reported on Saturday. A Reuters dispatch to The Globe reports that 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 licence technology rather than pursue a full acquisition, potentially avoiding a lengthy regulatory review.
An agreement could be reached in the coming weeks, or not if talks fall apart.
Nvidia is already a major financial backer and strategic investor in Reflection AI, having invested $800-million (U.S.) in the start-up.
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 artificial intelligence.
Reflection chief executive officer Mr. Laskin said in April the company was raising fresh capital at a premoney valuation of $25-billion (U.S.).
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.
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