Anthropic Abandons $6 Billion Deal to Acquire Israeli AI Startup Decart AI
AI giant Anthropic has decided not to proceed with its planned acquisition of Israeli startup Decart AI, according to a report by Bloomberg. The deal, which was reportedly valued at approximately $6 billion, would have been the largest acquisition in Anthropic's history.
Anthropic, the company behind the popular AI chatbot Claude, had been in negotiations to acquire Decart AI for the past two months. The company conducted due diligence on the Israeli firm but ultimately chose to withdraw from the potential transaction.
Decart AI specializes in software designed to enhance chip efficiency and reduce the costs associated with training and operating artificial intelligence models. The company collaborates with AI developers to help them optimize performance across various types of chips.
Despite the collapse of the acquisition talks, sources familiar with the matter suggest that both companies may explore other avenues for future collaboration.
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