Snowflake, Nvidia Back New Unicorn Reka AI in $110 Million Deal

(Bloomberg) — Artificial intelligence company Reka AI raised a $110 million funding round from investors including Nvidia Corp. and Snowflake Inc. — a deal that more than triples the startup’s valuation to over $1 billion.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond BoomMilan Corruption Probe Casts Shadow Over Property BoomHow San Jose’s Mayor Is Working to Build an AI CapitalReka AI makes lar