Nvidia Eyes AI Companies Founded By Greek Scientists

Greek City Times

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Reflection AI, an artificial intelligence company co-founded by Greek scientist Ioannis Antonoglou, has caught Nvidia's attention. This shows that Greek entrepreneurs are playing a growing role in the global AI industry. According to the Financial Times, Reflection AI is reportedly valued at $25 billion, and Nvidia is discussing whether to buy the company or invest more money in it.

The talks are still at an early stage, and no final agreement has been reached. Nvidia has already invested about $800 million in Reflection AI. The options reportedly being considered include buying the company, giving it more money, or buying its technology and bringing its skilled workers on board.

Reflection AI is one of several companies founded by Greek entrepreneurs that are part of the Endeavor network and work on advanced artificial intelligence. Other notable founders include Anastasios Germanidis of Runway, Anastasios Angelopoulos of Arena, Spyros Xanthos of Resolve AI, and Niki Goulimis of Tunic Pay.

Their companies develop different kinds of technology, including advanced AI models, tools that create videos, software that helps manage computer systems, and tools that help banks prevent fraud. These technologies can be used by businesses and in everyday life.

Reflection AI: The $25 Billion AI Company Attracting Nvidia

Ioannis Antonoglou, co-founder and chief technology officer of Reflection AI, has a strong background in artificial intelligence. He previously worked at Google DeepMind, where he helped develop advanced AI systems.

Antonoglou and Misha Laskin founded Reflection AI in 2024. The company develops large AI models that businesses can use and adjust to meet their needs.

These models can power smart digital assistants and other AI tools. Businesses can use them to study information, answer difficult questions, and help software developers write and fix computer code.

Reflection AI designs its models so companies can install and customise them in their own computer systems. This gives organisations more control over their technology and data.

In October 2026, Reflection AI introduced Beam, its first model with open parameters. The company aims to compete with leading AI systems, especially in software development and solving difficult problems. Endeavor's figures value the company at $25 billion.

Runway: The Greek Entrepreneur Behind AI-Generated Video

Anastasios Germanidis co-founded Runway and serves as its co-chief executive officer. The company works in one of the fastest-growing areas of artificial intelligence: creating and editing images and videos.

Runway has built tools used by content creators, advertising agencies, and professionals who make videos and other visual content.

For example, an advertiser can make a short video showing a car driving along an imaginary road without arranging a real film shoot. The user can describe the scene in words or provide a photograph, and the system creates a video based on that information. The technology can also change a scene's background, lighting, or overall look.

AI is becoming another tool for making films, creating advertisements, and producing digital content.

Runway is also developing systems designed to understand and copy how the physical world works. These systems could have uses beyond making videos, including robotics and computer simulations.

According to Endeavor, Runway is valued at more than $5 billion. Germanidis was also included in Forbes' AI 50 list for 2026.

Arena: Putting Artificial Intelligence Models to the Test

Anastasios Angelopoulos co-founded Arena and serves as its chief executive officer. The platform has become known around the world for testing and comparing AI systems.

As companies keep releasing new AI models, Arena aims to answer an important question: which systems work best in practice?

Users can send the same question to two different AI systems without necessarily knowing which systems they are using. They then compare the answers and choose the one they think is better. Arena combines these choices to help rank the different models.

The platform helps people compare AI tools for writing, creating images, and developing software.

Arena has become an important source for comparing AI models and continues to expand into different types of uses.

In October 2026, the company raised $200 million in funding, bringing its valuation to $3.1 billion. Endeavor Catalyst also took part in this funding round.

Resolve AI: An AI Engineer That Finds and Fixes Technical Problems

Spyros Xanthos co-founded Resolve AI and serves as its chief executive officer. The company focuses on using automation to manage complex software systems.

Resolve AI develops tools that help software engineers find the causes of technical problems and get apps and online services working again more quickly.

For example, an online shopping website or payment app might suddenly stop working properly. Engineers would usually need to check several systems to find the cause.

Resolve AI's technology can automatically examine technical data, find possible causes, and suggest ways to fix the problem. If it has permission, it can also take steps to restore the service.

The company aims to reduce service interruptions and save engineers valuable time.

Resolve AI has attracted investors from around the world. According to Endeavor, its valuation passed $1 billion during a funding round in February 2026.

Xanthos also has experience starting businesses. Splunk bought Omnition, a company he co-founded.

Tunic Pay: Using AI to Help Banks Prevent Fraud

Niki Goulimis co-founded Tunic Pay and serves as its chief executive officer. Before moving into financial technology, she helped establish Nova Credit.

Founded in London in 2023, Tunic Pay uses artificial intelligence to fight a growing type of financial crime: scams that trick people into sending money to criminals.

For example, a customer might receive a message that looks as if it came from their bank. The message might tell them to send money urgently to a particular account.

Tunic Pay develops tools that banks can add to their services to check suspicious payments and examine information provided by customers. These checks can spot possible warning signs before a payment goes through.

The technology helps banks assess risk and warn customers. The final decision is left to the customer and the bank's usual procedures.

Tunic Pay has developed tools with banks, including Britain's TSB. The bank offers a tool that checks suspicious transactions using Tunic Pay's technology.

Endeavor and the Growing Global Reach of Greek Entrepreneurs

These five companies show how Greek entrepreneurs are playing a growing role in the global economy. Instead of starting businesses only in Greece and expanding abroad later, Greek founders are setting up companies directly in major international technology centres. They attract large investments and develop products for customers around the world.

Endeavor Greece supports a network of entrepreneurs and works to strengthen their ties with Greece through investment, partnerships, and the sharing of knowledge and experience.

Panos Karambinis, managing director of Endeavor Greece, spoke about the growing role of Greeks living abroad in artificial intelligence and the importance of keeping their connections with Greece strong.

Speaking to the Athens-Macedonian News Agency (AMNA) and journalist Alekos Lidorikis, Karambinis said: “The Greek diaspora is building artificial intelligence today at a pace that has astonished even us, who see what is happening up close across dozens of markets around the world.”

He said this progress honours generations of Greeks who devoted themselves to science. He also noted that technological progress depends more and more on advanced research, an area in which Greek scientists have stood out.

“Most importantly, wherever they are, they connect their future with Greece. They want to make an impact here, and they are already giving back. At Endeavor, we will continue to act as a bridge between the two ecosystems so that this impact can grow even further,” Karambinis said.

Through Endeavor Catalyst, the international organisation's investment arm, Endeavor also invests in selected businesses with strong growth potential.

Its new Endeavor Catalyst Fund V has raised more than $320 million, with Greek investors contributing over $70 million. These investors include Greece's four major banks that are important to the country's financial system, as well as business families from Greece and the Greek diaspora.

For Greece, the challenge is no longer just to gain international recognition for its scientists and entrepreneurs. The country must also find ways to turn their success into benefits for the Greek economy.

Key goals include attracting investment, creating jobs, sharing knowledge and skills, and building partnerships with Greek businesses and research institutions.

As artificial intelligence changes the global economy, Greece has an opportunity to turn its growing presence in international technology centres into a stronger economic and technological presence at home.

(Source: AMNA)