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, according to The Wall Street Journal. Decart develops software to improve chip efficiency for AI models and was valued at nearly $4 billion in May. The deal could be finalized soon if negotiations succeed. Previously, Anthropic had reportedly decided against acquiring Decart for $6 billion.
The story in 5 lines · by baba
- Amazon is reportedly negotiating to buy Israeli AI firm Decart for up to $7 billion.
- Decart develops software to enhance chip efficiency and reduce AI model operating costs.
- The deal could be finalized soon if talks progress and no other bidders emerge.
- Decart was valued at nearly $4 billion in May and has raised over $400 million.
- Anthropic had previously decided against acquiring Decart for approximately $6 billion.
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. Sources familiar with the matter indicated that the deal could be finalized soon if discussions progress and no other potential buyers emerge.
Decart, which has its base in San Francisco, develops software designed to enhance chip efficiency and reduce the costs associated with operating AI models. The company collaborates with AI developers to help them maximize performance across various chips. Its products include "world models" named Lucy and Oasis, capable of generating 3D environments and characters that simulate the real world.
Founded in September 2023 by former Unit 8200 veterans Dean Leiterdorf and Moshe Shilo, Decart has raised over $400 million in venture capital. In May, the company's valuation was estimated at nearly $4 billion. This potential acquisition follows a setback in September when Anthropic, the developer of the chatbot Claude, reportedly decided against acquiring Decart for around $6 billion, a deal that would have been Anthropic's largest ever.
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