Amazon Reportedly in Talks to Acquire Israeli AI Startup Deci for $7 Billion
Translated & summarized from Maariv by baba
Amazon is reportedly in talks to acquire Israeli AI startup Deci for about $7 billion, a significant increase from its recent valuation. The potential deal follows Anthropic's withdrawal from a $6 billion acquisition. Deci had previously raised over $400 million, including a $300 million round in May at a nearly $4 billion valuation with investors like Nvidia.
The story in 5 lines · by baba
- Amazon is negotiating to acquire Israeli AI startup Deci for approximately $7 billion.
- The potential acquisition price represents a near doubling of Deci's valuation in a few months.
- Deci recently raised $300 million in May at a valuation of nearly $4 billion.
- Investors in Deci's previous funding round included Nvidia and Adobe Ventures.
- The deal follows Anthropic's withdrawal from a $6 billion acquisition.
Amazon is reportedly in advanced negotiations to acquire Israeli artificial intelligence startup Deci for approximately $7 billion. This potential deal comes after Anthropic, another AI company, withdrew from a similar acquisition agreement valued at $6 billion. Deci, which has raised over $400 million to date, recently completed a $300 million funding round in May at a valuation of nearly $4 billion, with participation from investors like Nvidia and Adobe Ventures.
A $7 billion valuation in a deal with Amazon would represent a near doubling of the company's worth in just a few months. The report suggests that Amazon's interest signifies a significant move in the competitive AI landscape, with many companies vying for leading AI startups.
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