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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 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 ...
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 (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.
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 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.
(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 ...
But Reka's sales pitch won over one early customer (and investor), Snowflake, which partnered with the startup to let Snowflake customers deploy Yasa from their accounts. Appen, the big data analytics ...
(Reuters) -Reka, an AI model startup founded by former researchers from Alphabet's DeepMind, has raised $50 million in a fresh round of funding from investors including Yuri Milner's DST Global ...
SUNNYVALE, Calif.--(BUSINESS WIRE)--Reka, a leader in multimodal AI research and product development, announced it has secured a $110 million investment. This funding is backed by new and existing ...
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 ...