Anthropic Pulls Out of $6 Billion Deal to Acquire Israeli AI Startup Decart
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 for the past two months. The company conducted due diligence on the Israeli firm but ultimately chose to withdraw from the potential deal. Despite the setback, sources familiar with the matter suggest that both companies may explore other collaboration opportunities in the future.
Decart AI specializes in developing software designed to enhance chip efficiency and reduce the costs associated with training and operating artificial intelligence models. The company works with AI developers to help them optimize performance across various types of chips.
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