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Ongoing Story· Today

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

3 developments

The Jerusalem PostTech

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

Summarized from The Jerusalem Post by baba

Center-rightNeutral tone

English · 14 newsrooms covering

Amazon is in talks to acquire the Israeli AI startup Decart for an estimated $7 billion. Decart's AI technology includes a model that can edit live videos in real-time and another for training autonomous systems. The potential deal follows Anthropic's decision not to pursue a $6 billion acquisition of Decart last month. Decart had previously raised $300 million in May.

The story in 6 lines · by baba

  • Amazon is in talks to acquire Israeli AI startup Decart for approximately $7 billion.
  • Decart's AI model, Lucy, can edit live videos in real-time.
  • The company also developed Oasis for training robotics and autonomous driving systems.
  • Decart was valued at nearly $4 billion in May, according to PitchBook.
  • Anthropic had previously explored a $6 billion deal but decided against it.
  • Decart raised $300 million in a funding round led by Radical Ventures in May.
Amazon in Talks to Acquire Israeli AI Startup Decart for $7 Billion
Editorial illustration generated by baba News, not a photograph of the event.

The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.

The Jerusalem PostCentre · Jerusalem

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Full coverage · 16 outlets
First: TheMarker · 11h ago

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