Nvidia in talks to acquire US 'open' model startup Reflection AI

Nvidia is in talks to acquire US-based startup Reflection AI, which has developed an 'open' model for artificial intelligence. The acquisition is reportedly valued at around $1 billion. Reflection AI's model allows developers to build custom AI models without needing to train a large dataset, which could help to democratize AI development. The company's technology has been used by various industries, including healthcare and finance. Nvidia has made several acquisitions in recent years to expand its AI capabilities, including the purchase of DeepMap and Nuance Communications. The deal is expected to close in the coming months.