Nvidia may acquire Reflection AI in coming weeks, Susan Li notes

Nvidia may acquire Reflection AI in coming weeks, Susan Li notes
Nvidia in talks to buy Reflection AI

Susan Li reports that Nvidia is engaged in discussions to acquire Reflection AI. According to her, a deal could be reached in the coming weeks, although people familiar with the matter cautioned that the negotiations may still fall apart.

Terms of the potential acquisition are still unclear, and no definitive agreement has been established at this point.

Susan Li has recently highlighted key developments in U.S. financial markets. She reported that traders see about a 90% chance of a U.S. Federal Reserve rate hike following recent inflation data. In a separate update, she noted that the 10-year U.S. Treasury yield rose to 5.343 percent, a 24-year high.

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