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Ongoing Story· Today

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

3 developments

N12Economy

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

Translated & summarized from N12 by baba

CenterNeutral tone

Hebrew · 8 newsrooms covering

Amazon is reportedly in talks to acquire the Israeli AI company Decart for about $7 billion, according to The Wall Street Journal. Decart, founded by former Israeli intelligence unit members, develops software to improve AI chip efficiency and has raised over $400 million. The deal is expected to be signed soon if negotiations conclude successfully, following a previous failed acquisition attempt by Anthropic.

The story in 5 lines · by baba

  • Amazon is reportedly negotiating to acquire Israeli AI firm Decart for approximately $7 billion.
  • Decart develops software to enhance AI chip efficiency and reduce operational costs.
  • The company was founded in September 2023 by former Unit 8200 members Dean Leiterdorf and Moshe Shilo.
  • Decart has raised over $400 million and was valued at nearly $4 billion in May.
  • Anthropic had previously considered acquiring Decart for around $6 billion but decided against it last month.
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. Sources familiar with the matter indicated that the deal could be finalized soon, provided the discussions progress and no other potential buyers emerge.

Decart, an Israeli startup founded in September 2023 by former Unit 8200 members Dean Leiterdorf and Moshe Shilo, specializes in 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, and its offerings include "world models" named Lucy and Oasis, capable of generating 3D environments and characters that simulate the real world.

While Decart is currently based 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 by Amazon would represent a significant valuation increase for Decart.

This development follows a previous potential acquisition attempt by Anthropic, the developer of the popular chatbot Claude. Last month, Anthropic reportedly decided against acquiring Decart for around $6 billion, a move that was met with disappointment in Israel's tech sector. That deal would have been Anthropic's largest acquisition to date.

N12Centre · Neve Ilan

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