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Nvidia and Snowflake Power Reka AI to Billion-Dollar Heights Its investment signals confidence in Reka's ability to optimize inference workloads on Nvidia GPUs, positioning the startup for rapid expansion in the burgeoning enterprise AI market
Nvidia, Snowflake invest in Reka AIs $110M funding round 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
Reka Hits Unicorn Status With Backing From NVIDIA, Snowflake Backed by Nvidia and Snowflake, Reka is scaling its next-gen foundation models with a focus on efficiency over size In just over a year, Reka has gone from a 20-person team to a billion-dollar valuation, tripling its worth with a new $110 million funding round backed by Nvidia and Snowflake At a time when investor attention is tilting toward lean, fast-moving AI companies outside the orbit of
Reka AI Secures $110 Million Funding, Achieves Unicorn Status . . . Reka AI's Meteoric Rise to Unicorn Status Reka AI, a startup specializing in efficient multimodal AI models, has secured a substantial $110 million funding round, catapulting its valuation to over $1 billion This investment, led by tech giants Nvidia Corp and Snowflake Inc , marks a significant milestone for the company, more than tripling its previous valuation of about $300 million from a
Multimodal AI startup Reka AI raises $110M at $1B valuation Multimodal large language model research startup Reka AI Inc today announced it has raised $110 million in fresh funding backed by Nvidia Corp and Snowflake Inc Founded in 2022, Reka develops