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Real-time News
October 11th - According to the Financial Times, sources familiar with the matter revealed that Nvidia (NVDA.O) is in talks to acquire or increase its investment in US startup Reflection AI, an open weighted model developer. The negotiations are still in the early stages and the deal could take several forms, including a so-called "talent acquisition," where Nvidia hires Reflections employees and licenses its technology, thus avoiding the lengthy regulatory scrutiny typically associated with full acquisitions. Nvidia is already one of Reflections largest shareholders and may also choose to deepen the relationship through further equity investment or by reaching an agreement to provide the company with more chips and computing power. Sources indicated that the two companies could reach an agreement in the coming weeks. Reflection was valued at $25 billion in a funding round in March of this year.On October 11, according to Axios, Trump called on Ukraine to replace President Zelensky with someone willing to reach a deal with Russia and end the war. This marks the most serious crisis between the two sides since their February 2025 White House meeting devolved into a heated dispute. Trump announced on Friday a deal with Russia to lift sanctions and allow Russia to export diesel to the US and global energy markets. Zelensky was surprised by the agreement reached without Ukraines knowledge, calling it a "weak move" by Trump and a "birthday gift" to Putin. US officials revealed that Trump reached the agreement because Zelensky ignored approximately six US requests for Ukraine to stop attacking Russian oil refineries. Trump stated today that Zelensky had many opportunities to reach a deal with Russia, "but he chose not to." Trump claimed Zelenskys actions harmed American farmers.The British government announced that Prime Minister Burnham and Ukrainian President Zelensky will hold a face-to-face meeting in the coming days to continue their consultations.The British government stressed that Russia must agree to a ceasefire agreement on energy facilities, stop attacking Ukrainian infrastructure, and cease attacks on shipping activities in the Black Sea.British government: British Prime Minister Burnham and Ukrainian President Zelensky discussed the importance of continuing to exert pressure on Russia.
