Exclusive | Amazon in Talks to Buy AI Startup Decart for Around $7 Billion
Amazon is in negotiations to purchase Decart, an Israeli-owned AI software startup, for approximately $7 billion. The potential deal was first reported by the Wall Street Journal and subsequently cited by Reuters, Bloomberg, and Barron's. This acquisition would see Amazon absorb a specialized AI firm after other industry giants reportedly lost interest. The deal remains in the negotiation phase and has not been finalized.
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- ✓ Amazon is in talks to buy AI startup Decart for around $7 billion.
- ✓ Decart is an Israeli-owned AI startup.
What changed
Multiple news outlets have corroborated the Wall Street Journal report that Amazon is negotiating a $7 billion purchase of Decart.
Live updates
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Amazon in Talks to Acquire AI Startup Decart for $7 Billion
Amazon is in negotiations to purchase Decart, an Israeli-owned AI software startup, for approximately $7 billion. The potential deal was first reported by the Wall Street Journal and subsequently cited by Reuters, Bloomberg, and Barron's. This acquisition would see Amazon absorb a specialized AI firm after other industry giants reportedly lost interest. The deal remains in the negotiation phase and has not been finalized.
Why it matters
The move reflects Amazon's strategy to bolster its artificial intelligence capabilities through strategic acquisitions. Decart's Israeli ownership connects the deal to a region known for high-density AI innovation. The valuation of $7 billion indicates the high premium currently placed on specialized AI software assets.
What is confirmed
- Amazon is in talks to buy AI startup Decart for around $7 billion.
- Decart is an Israeli-owned AI startup.
Still unconfirmed
- Nvidia and Anthropic both walked away from Decart before Amazon began circling the company.
- The startup is referred to as Descartes by some sources.
What to watch next
- Official confirmation of the acquisition from Amazon or Decart
- Regulatory filings regarding the $7 billion transaction
- Details on the specific AI technology Decart provides
confidence 90%Sources used for this update (19)
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- WSJ — Exclusive | Amazon in Talks to Buy AI Startup Decart for Around $7 Billion
- Barron's — Amazon.com In Talks to Buy Software Start-Up Decart AI: WSJ
- Reuters — Amazon in talks to buy AI startup Decart for around $7 billion, WSJ reports
- Bloomberg.com — Amazon Is in Talks to Buy AI Startup Decart, WSJ Reports
- Startup Fortune — Amazon is reportedly circling Decart after Nvidia and Anthropic both walked away
- The Times of Israel — Amazon reportedly eyeing $7B deal to purchase Israeli-owned AI startup
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