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Other Developments
A curated list of other prominent stories from this day.
2:14 PMFinancial Times
Nvidia in talks to acquire US ‘open’ model start-up Reflection AI
Summary
Nvidia is in talks to acquire Reflection AI, a US start-up developing open artificial intelligence models. The company is viewed by the Trump administration as a potential competitor to low-cost Chinese systems such as DeepSeek.
The talks would extend Nvidia’s position from supplying AI infrastructure into owning model-development capabilities. A
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Why it matters
The deal could turn Nvidia into a more direct competitor in AI models while advancing the US push to counter China’s low-cost systems.
Will Warner Bros. kill Skydance — or will David Ellison kill Warner Bros?
Summary
David Ellison's Skydance has completed its acquisition of Warner Bros. Discovery, creating a combined company now called Skydance. The deal puts Ellison in charge of a major Hollywood portfolio while raising questions about which company's strategy and culture will prevail.
The deal has shifted the central question from whether the merger will happen to whether
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Why it matters
The merger begins a high-risk test of whether a smaller media company can successfully control and reshape a much larger one.