Media reports indicate that on October 11, 2026, NVIDIA initiated preliminary discussions with Reflection AI, a U.S.-based AI startup specializing in the development of open-weight models. The talks revolve around the potential acquisition of Reflection AI or an increase in NVIDIA's investment in the company. One prominent option under consideration is an "acqui-hire" strategy. In this scenario, NVIDIA would recruit Reflection AI's workforce and secure licenses for their technological assets without fully acquiring the company. This approach could potentially allow NVIDIA to sidestep rigorous regulatory oversight.

Should an acquisition not materialize, NVIDIA is also exploring alternative avenues to strengthen its partnership with Reflection AI. These include making additional equity investments, expanding the supply of chips, and providing computational power support. According to sources with knowledge of the situation, the two parties may finalize a deal within the coming weeks. However, there remains a chance that the negotiations could collapse.

Reflection AI stands out as one of the few startups with a close relationship to NVIDIA. The company has previously secured an $800 million investment from NVIDIA, cementing NVIDIA's position as one of its most substantial investors.