Snowflake Is in Talks to Buy Reka AI for $1 Billion
(Bloomberg) -- Snowflake Inc. is in talks to acquire startup Reka AI for more than $1 billion, expanding the software maker’s effort to offer generative AI capabilities, according to people familiar with the matter.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’With a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceJamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touc