Business · Companies · 12 hrs ago

Amazon in talks to acquire AI startup Decart for about $7 billion

Amazon in talks to acquire AI startup Decart for about $7 billion

Amazon is in talks to buy Decart, an AI startup, for about $7 billion.

Decart develops software designed to make training AI models cheaper by using computer chips more efficiently.

The company was founded in 2023 by three Israeli engineers.

In May, it raised more than $300 million in a funding round that valued it at nearly $4 billion.

Nvidia was among the investors.

Decart also develops AI systems called world models that can generate and simulate three-dimensional environments.

The talks could lead to an agreement soon, but negotiations could fail or another buyer could emerge.

Anthropic reportedly considered buying Decart for $6 billion last month but dropped the idea after reviewing the company.

Sources

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