FT：Nvidia 洽购开源模型公司 Reflection AI，估值 250 亿美元
Nvidia 可能拿下 Reflection AI，用授权加挖人的方式绕开反垄断审查，Beam 这模型用更少算力对标 GLM 5.2，值得看看细节。
据 FT 报道，Nvidia 正在早期洽谈收购或追加投资 Reflection AI，这家开源权重模型公司估值 250 亿美元。其中一个选项是类收购式人才招募：Nvidia 雇佣团队并授权技术，从而绕开全面收购的反垄断审查，Nvidia 去年 12 月 200 亿美元的 Groq 交易就采用了这种结构。Nvidia 此前已投资 8 亿美元，是 Reflection 最大股东之一，谈判或数周内出结果。Reflection 上周发布了稀疏 MoE 模型 Beam，总参数 501B、激活参数 23B，主打编程、推理与 Agent 任务，官方称其编程与 Agent 能力比肩 GLM 5.2，推理计算量少 3 到 4 倍。
FT just reported Nvidia is in early talks to acquire, or invest further in, Reflection AI, a $25B open-weight model start-up.
One option is an acqui-hire, in which Nvidia hires Reflection’s staff and licenses its technology without the antitrust review a full takeover would trigger.
Nvidia used that structure for its $20B Groq deal last December, and a deal could come within weeks, though the talks could still fall apart.
Nvidia is already one of Reflection’s largest shareholders after investing $800M and the Trump administration also wants Reflection to compete with China.
Last week Reflection released Beam, a sparse mixture-of-experts model with 501B total parameters, 23B of them active, built for coding, reasoning and agent work.
Reflection says Beam is competitive with the larger GLM 5.2 on coding and agentic tasks, and matches its reasoning scores while using 3x to 4x less inference compute.
