Leer en español: Nvidia podría comprar Reflection AI, una startup en la que ya invirtió

Nvidia is in early talks to invest more in Reflection AI, buy it outright, or hire its team and license its technology, the Financial Times reported on Saturday 10 October (Reuters). Nvidia already backs Reflection: it has put in $800 million, according to the FT. Neither company has commented, and Reuters could not verify the report.

What happened

Reflection was founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou. Nvidia led its $2 billion round in October 2025, and in April Laskin told CNBC its latest round closed at a $25 billion pre-money valuation (SiliconANGLE). It has raised about $4.7 billion in total, per PitchBook, and signed compute deals worth more than $7 billion with SpaceX and Nebius for Nvidia chips (TechCrunch).

On 5 October Reflection launched Beam, an open-weight AI model for coding, and said it would publish the model weights this month. Its benchmark claims have not been independently checked. According to the FT, a deal could come within weeks, or the talks could still collapse.

Why people are arguing about it

The FT said a hire-and-license deal could avoid a lengthy regulatory review. That is the same shape as Nvidia’s deal with Groq, which the US Justice Department is examining to see whether it was structured to avoid antitrust scrutiny; Nvidia called that deal a “prime example of the American system working as designed” (Reuters, 10 Sep). Nvidia also agreed in September to buy Hugging Face for $12.9 billion. Critics worry about the world’s main AI chip seller owning the places where open AI models are built and shared. Discussing the Hugging Face deal, The Register’s Tom Claburn said, “I think there’s a huge potential conflict of interest” (The Register). Supporters point out that Reflection already runs on Nvidia chips and spends heavily on computing power, so a deep-pocketed owner could keep it going.

What it means if you’re building a startup

When a big company invests in you, it often becomes your most likely buyer, and it already knows your numbers. That can make an exit easier, but it can also scare off other bidders and weaken your negotiating position. Before you take strategic money, ask what information rights the investor gets, whether it has any first look at a sale, and how a “hire the team, license the tech” deal would treat your other shareholders. We cover those trade-offs in Should you take money from a supplier?

Sources

• Reuters (via The Star), “Nvidia in talks to invest further in Reflection AI or buy it, FT reports” by Rishabh Jaiswal, 10 Oct 2026: thestar.com.my
• SiliconANGLE, by Duncan Riley, 11 Oct 2026: siliconangle.com
• TechCrunch, “Reflection debuts Beam” by Rebecca Bellan, 5 Oct 2026: techcrunch.com
• Reuters (via The Star), DOJ review of Nvidia’s Groq deal, 10 Sep 2026: thestar.com.my
• The Register, Kettle podcast on Nvidia and Hugging Face, 7 Sep 2026: theregister.com

Written by Fabian Cisneros. Educational only — not investment, legal or tax advice. See the full disclaimer.