Amazon Reportedly in Talks to Acquire Israeli AI Firm Decart for Up to $7 Billion
Translated & summarized from Mako by baba
Amazon is reportedly in talks to acquire the Israeli AI company Decart for up to $7 billion, with the deal potentially being signed soon. Decart develops software to enhance chip efficiency for AI models and was founded by former Israeli intelligence unit members. The company had previously been in acquisition talks with Anthropic for approximately $6 billion, but that deal did not materialize.
The story in 6 lines · by baba
- Amazon is reportedly negotiating to acquire Israeli AI firm Decart for up to $7 billion.
- The deal is expected to be signed soon if negotiations conclude successfully.
- Decart develops software to improve chip efficiency and reduce AI model operating costs.
- The company was founded by former Unit 8200 members Dean Leiterdorf and Moshe Shilo.
- Anthropic had previously considered acquiring Decart for around $6 billion but backed out.
- Decart has raised over $400 million and was valued at nearly $4 billion in May.
Amazon is reportedly in negotiations to acquire the Israeli artificial intelligence company Decart for approximately $7 billion, according to a report by The Wall Street Journal. The deal, if finalized and without other potential bidders entering the race, is expected to be signed soon.
Decart, which was founded in September 2023 by former Unit 8200 members Dean Leiterdorf and Moshe Shilo, develops software aimed at improving chip efficiency and reducing the costs associated with running AI models. The company collaborates with AI developers to help them maximize performance across various chips. While its base is in San Francisco, its origins are Israeli.
According to PitchBook data, Decart has raised over $400 million in venture capital and was valued at nearly $4 billion in May. Its products include "world models" named Lucy and Oasis, capable of generating 3D environments and characters that simulate the real world.
This potential acquisition follows a previous setback for Decart. Just last month, the AI company Anthropic, known for its chatbot Claude, reportedly decided against acquiring Decart for around $6 billion, a move that caused disappointment in Israel's tech sector. That deal would have been Anthropic's largest acquisition to date.
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