Amazon Nears $7 Billion Deal for AI Startup Decart After Anthropic Walked Away

Amazon is reportedly in talks to purchase AI startup Decart in a deal worth roughly $7 billion, a price tag that would make it one of Amazon's biggest acquisitions in years and one of the largest exits in Israeli tech history. The Wall Street Journal reported Sunday that Amazon was putting together the deal, which centers on software that helps developers move AI models between different computer chips. According to The Seattle Times, Decart sells software that lets developers switch more easily between AI chips, alongside tools for real-time video editing and AI that generates real-world 3-D environments.

First reported by Hoodline. This page is a short excerpt; the full text is theirs.