Nvidia-backed Reflection unveils AI model; Cerebras pops on Altman praise

· Tech · United States

Nvidia-backed Reflection unveiled its first AI model aimed at taking on Chinese open models, as competition in the sector intensifies. Cerebras stock popped 9% after OpenAI CEO Sam Altman called the chipmaker a "close partner." Amazon hired Microsoft's former Copilot CTO Pedram Rezaei as a distinguished engineer to expand its push into AI agents. Meta's Muse AI agent is already pulling purchases away from Amazon, one CEO said. Nvidia faces a lawsuit over its $20 billion Groq deal alleging stockholders were shortchanged.

Why it matters:Competition among US and Chinese AI developers and chipmakers determines who controls the next wave of computing and its economic gains.

Key points

  • Reflection launched its first AI model to challenge Chinese open models.
  • Cerebras rose 9% after Altman called it a 'close partner.'
  • Amazon hired Microsoft's former Copilot CTO for AI agents.

Sources (original reporting)

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