Business · Companies · 1 hr ago

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

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

Amazon is in talks to buy Decart, an artificial intelligence startup.

The proposed deal is valued at about $7 billion.

The talks were reported by the Wall Street Journal.

The available information does not say what Decart’s technology does or where the company is based.

A purchase would bring Decart under Amazon’s ownership.

The talks do not mean a deal has been completed.

No further details about the negotiations or what happens next were provided.

Sources

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