Amazon Reportedly In Talks To Acquire AI Startup Decart For $7 Billion
Amazon is reportedly in talks to acquire Israeli AI startup Decart for around $7 billion. The deal could be agreed within days if negotiations hold and no rival bidder emerges. Decart is a 3-year-old AI startup that has not disclosed its revenue.
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- β Amazon is in talks to acquire AI startup Decart for around $7 billion.
- β Decart is a 3-year-old AI startup.
- β The deal could be agreed within days if negotiations hold and no rival bidder emerges.
What changed
Multiple reputable sources confirmed the talks between Amazon and Decart, with a potential deal value of $7 billion.
Live updates
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Amazon in Talks to Acquire AI Startup Decart for $7 Billion
Amazon is reportedly in talks to acquire Israeli AI startup Decart for around $7 billion. The deal could be agreed within days if negotiations hold and no rival bidder emerges. Decart is a 3-year-old AI startup that has not disclosed its revenue.
Why it matters
This potential acquisition highlights Amazon's efforts to expand its capabilities in artificial intelligence. Decart's technology includes real-time video editing and simulated environments. The deal is significant, with a price tag similar to Amazon's previous acquisitions that have impacted its cloud business.
What is confirmed
- Amazon is in talks to acquire AI startup Decart for around $7 billion.
- Decart is a 3-year-old AI startup.
- The deal could be agreed within days if negotiations hold and no rival bidder emerges.
Still unconfirmed
- Anthropic considered buying Decart for up to $6 billion last month but walked away after due diligence.
- Nvidia had earlier held advanced talks with Decart.
What to watch next
- Confirmation of the acquisition deal
- Details on Decart's revenue and technology
- Potential rival bidders for Decart
confidence 85%Sources used for this update (10)
- WSJ β Exclusive | Amazon in Talks to Buy AI Startup Decart for Around $7 Billion
- Seeking Alpha β Who is Decart? From AI startup to $7B acquisition target of Amazon (AMZN:NASDAQ)
- GeekWire β Why Amazon might pay billions for Decart, a 3-year-old AI startup that hasnβt disclosed its revenue
- Investor's Business Daily β Amazon Reportedly In Talks To Acquire AI Startup Decart For $7 Billion
- CTech β Amazon's $7 billion Decart talks echo a deal that changed its cloud business
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- finance.yahoo.com β Amazon in talks to acquire AI startup Decart for $7 bln- WSJ
- www.freepressjournal.in β Amazon In Talks To Buy Israeli AI Startup Decart For Around $7 Billion; Anthropic Decided Against Acquiring For $6 Billion Last Mo....
- www.thehindubusinessline.com β Amazon in talks to buy AI startup Decart for around $7 billion - The HinduBusinessLine
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