Sources: Snowflake is in talks to acquire Reka AI, which builds LLMs for businesses, for over $1B; report: Reka was valued at ~$300M in a 2023 funding round (Bloomberg)
Bloomberg:
Sources: Snowflake is in talks to acquire Reka AI, which builds LLMs for businesses, for over $1B; report: Reka was valued at ~$300M in a 2023 funding round — – Software company’s venture arm has invested in the AI startup — Reka was started in 2022 by researchers from Google, Meta