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Ongoing Story· Today

Amazon in Talks to Acquire Israeli AI Firm Descartes for $7 Billion

2 developments

N12Tech

Amazon Reportedly in Talks to Acquire Israeli AI Firm Decart for $7 Billion

Translated & summarized from N12 by baba

CenterNeutral tone

Hebrew · 10 newsrooms covering

Amazon is reportedly in talks to acquire the Israeli AI company Decart for approximately $7 billion, with the deal potentially closing soon. Decart develops software to improve chip efficiency for AI models and was founded by former Unit 8200 members. The company had previously been in acquisition talks with Anthropic for about $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 about $7 billion.
  • The deal is expected to be finalized soon if talks progress and no other bidders emerge.
  • Decart develops software to enhance chip efficiency and reduce AI model operating costs.
  • The company was founded in September 2023 by former Unit 8200 members Dean Leiterdorf and Moshe Shilo.
  • Anthropic had previously considered acquiring Decart for approximately $6 billion but decided against it.
  • Decart has raised over $400 million and was valued at nearly $4 billion in May.
Amazon Reportedly in Talks to Acquire Israeli AI Firm Decart for $7 Billion
Editorial illustration generated by baba News, not a photograph of the event.

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 is expected to be finalized soon if discussions progress and no other potential buyers emerge.

Decart, which was founded in September 2023 by former Unit 8200 members Dean Leiterdorf and Moshe Shilo, develops software designed to enhance chip efficiency and reduce the costs associated with running AI models. The company collaborates with AI developers to help them maximize performance across various chips and also creates "world models" named Lucy and Oasis, capable of generating 3D environments and characters that simulate the real world.

While Decart is headquartered in San Francisco, its Israeli origins and technological focus are central to the reported acquisition interest. The company has raised over $400 million in venture capital, and its valuation was estimated at nearly $4 billion in May.

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 had caused disappointment within Israel's tech sector. That deal would have been Anthropic's largest acquisition to date.

N12Centre · Neve Ilan

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