Nvidia sets its sights on a $25 billion AI unicorn
Nvidia is reportedly in talks to acquire Reflection AI or make an additional investment. It is already one of the largest shareholders in the open-weight model company. The company was valued at $25 billion in its March funding round, and a deal could emerge within weeks. An acqui-hire or an exchange of chip computing power for equity could both sidestep a lengthy review.
Giving away graphics cards and computing power like cash will only fan the flames of AI training. Sentiment around the blockchain-based AI computing plays will likely pick up first, with capital probably concentrating in the leading names.
If you're holding AI stocks, are you buying more or trimming your positions amid this wave of optimism?
Nvidia is reportedly in talks to acquire Reflection AI or make an additional investment. It is already one of the largest shareholders in the open-weight model company. The company was valued at $25 billion in its March funding round, and a deal could emerge within weeks. An acqui-hire or an exchange of chip computing power for equity could both sidestep a lengthy review.
Giving away graphics cards and computing power like cash will only fan the flames of AI training. Sentiment around the blockchain-based AI computing plays will likely pick up first, with capital probably concentrating in the leading names.
If you're holding AI stocks, are you buying more or trimming your positions amid this wave of optimism?