Artificial intelligence company Reka AI raised a $110 million funding round from investors including Nvidia Corp. and Snowflake Inc. — a deal that more than triples the startup’s valuation to over $1 ...

Snowflake Inc SNOW is negotiating to buy Reka AI for over $1 billion to enhance its generative AI capabilities. Reka AI, launched in 2022 by former Alphabet Inc GOOG GOOGL Google and Meta ...

Snowflake participated in Reka’s $60 million round of funding last year. However, it did not confirm if it is increasing its investment with this partnership.

The startup was previously valued at around $300M in a 2023 funding round, according to PitchBook data, the report added. Last year, Bloomberg reported that Snowflake planned to acquire Reka.

Snowflake Inc. is reportedly holding talks to acquire Reka AI Inc., a venture-backed provider of large language models. Sources told Bloomberg late Thursday that a deal could value the startup at ...

Snowflake's head of AI engineering, Vivek Raghunathan, said the cloud?data platform plans to make Reka's models available through its marketplace, helping clients deploy advanced AI without managing ...

Snowflake (NYSE: SNOW) is in discussions to acquire Reka AI for more than $1 billion. The talks may not result in a transaction, according to a Bloomberg report late Thursday, which cited people ...

Software maker Snowflake Inc. could reportedly acquire Reka AI for more than $1 Billion, but discussions are currently ongoing, and sources indicate it is not a guaranteed deal.

Reka, it should be noted, isn't the only startup chasing after models better suited for enterprise use cases. Writer lets customers fine-tune LLMs on their own content and style guides.

Reka, a San Francisco-based AI startup founded by researchers from DeepMind, Google and Meta, is introducing a new multimodal language model called Reka Core. It’s billed as the company’s ...

(Bloomberg) -- Artificial intelligence company Reka AI raised a $110 million funding round from investors including Nvidia Corp. and Snowflake Inc. — a deal that more than triples the startup’s ...